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Posted By: Antoine Tabbakh | 29 May 2016

Lebanon is a unique offshore market

Market observations:

4 Airliners (3 passengers and 1 cargo) will start new routes to Beirut Airport.  The passenger airline companies are Swiss Air, Germania Flug AG and Iraqi Airline who announced a new direct route Erbil to Beirut while British firm Cargo logic applied for a permit to make regular flights to Beirut.

Turkish firm MNG Airlines has also started making regular cargo flights to BRHIA.

Why establish an offshore company in Lebanon?

  1. Laissez-faire economy and business environment
  2. Strong banking systems and secrecy laws and ease of capital flows
  3. Skilled and multi-lingual workforce (English, French & Arabic)
  4. Developed business legal and regulatory framework.
  5. Minimal corporate fiscal charges, taxes and annual maintenance.
  6. Prompt and timesaving company formation, office setup and business launching.
  7. Full ownership by foreign investors with limited personal liability.

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