Lebanon has a population of 6.8 million people, with key industries including banking, tourism, agriculture, and education. There are many types of business entities that can be established in Lebanon, with varying tax rates based on industry and company type. The tax year corresponds to the calendar year, unless the company has a parent company with a special financial year.

Labor and Payroll considerations:

  • Employment contracts can be verbal or written
  • Adding overtime requires the employer to obtain a special permit
  • Minimum wage is 675,000 Lebanese pounds per month
  • Employers must register new employees with the social security authorities
  • The Ministry of Finance requires several documents submitted by employers
  • Leaver forms must also be submitted for terminated employees
  • Income tax and social security contributions are withheld from employee pay
  • Employers must also contribute to social security

Getting started in Lebanon or simplifying operations can be complicated, but Blue Marble has created cloud-based technology with aggregated reporting so you can view your payroll in real-time across all countries and currencies. To get started or to learn more about simplifying your payroll overseas, click here