Main Tax Exemption Holding

THE LEBANESE HOLDING COMPANIES

MAIN TAX EXEMPTIONS

1. No taxation on net profit

2. No taxation on interest earned from foreign companies.

 

  1. No taxation or gains realized from sales of foreign shares.

 

  1. No taxation on royalties received from foreign legal entities.

 

  1. No taxation on management fees and/or expenses invoiced to foreign subsidiaries.

 

  1. No taxation on interest earned from Lebanese companies if extended for a period of more than three years.

 

  1. No taxation or gains realized from sales of Lebanese shares as long as they are held for more than a two year period.

 

  1. Reduced taxation (5%) on management fees expenses invoiced to Lebanese entities.

 

  1. No taxation on dividends distributed.