Lebanon
March 1, 2000
Barriers to Trade and InvestmentLebanon is a country of free trade. There are certain goods, however, such as computer hardware and software, and firearms and munitions that require an import license.
Income tax in Lebanon is levied on all persons or entities, whether or not residing in Lebanon, on income or profits derived in Lebanon. Income tax applies to income or profits derived from trade, com
Lebanon is a signatory to the Paris Convention (London text), the Madrid Agreement for the Repression of False or Deceptive Indications on Goods (London text) and the Nice Agreement for the Classifica
Foreign CurrencyTrade barriers and obstacles are minimal in Lebanon. Foreigners may invest freely in many industries and sectors. Lebanese nationals are allowed to quote prices or to agree to pay in
Companies LawThe Lebanese Code of Commerce provides for the following types of business associations: unlimited partnerships, limited partnerships, co-partnerships, joint stock companies, limited par
Lebanon is a democratic republic with a parliamentary system of government. Confessional groups and traditionally powerful clans dominate Lebanese politics. An informal system of power sharing among L
PrivatizationThe government under Hoss is working to reduce public debt. The 1999-2000 budget seeks to reduce public debt to 85 percent of GDP by 2003 and plans a major privatization program. But many
A large post-civil war political shake up stunned Lebanon when Prime Minister Hariri chose to resign in 1998, following a power struggle with the new President and former army Chief of Staff, Emile La
February 29, 2000
Participants at an upcoming conference are expected to recommend ways to invigorate Beirut bourse. Additionally, participants will discuss methods to
February 15, 2000
The Lebanese soccer league leaders, Nejmeh, lost its first game of the season, succumbing to Tadamoun Sour 1-2 last Sunday. Despite this loss, Nejme
February 14, 2000
Banking and Currency Foreign Currency Trade barriers and obstacles are minimal in Lebanon. Foreigners may invest freely in many industries and sectors. Lebanese nationals are allowed to quote prices
Lebanon is a democratic republic with a parliamentary system of government. Confessional groups and traditionally powerful clans dominate Lebanese politics. An informal system of power sharing among L
Privatization The government under Hoss is working to reduce public debt. The 1999-2000 budget seeks to reduce public debt to 85 percent of GDP by 2003 and plans a major privatization program. But ma
The Lebanese economy that is emerging nearly a decade after the end of the Civil War is characterized by competition, open-market commercial orientation and the region's most liberal banking program.