Opening a training & consultancy company name for own small business.

[Santos82]

What are the lebanese government license for such a small business in lebanon? What are the charges and time needed? Is it difficult to get. I want my company to have a name and logo. Of course it must be registered, correct? The trainings can be online - virtually and in classes.
Thanks.


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[dyyyy]

What are the lebanese government license for such a small business in lebanon? What are the charges and time needed? Is it difficult to get. I want my company to have a name and logo. Of course it must be registered, correct? The trainings can be online - virtually and in classes.
Thanks.


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You can open an S.A.R.L company, you need 2 partners (they csn each have 1% and can be your family) and a capital of 30,000,000 LBP just deposits (you can use this money later) The advocate can make a company description (ize3a tijariye)

The main costs are an advocate and accounting each year (of course taxes too)

This is of course if your clients will be in lebanon, if not, yiu can create an offshore company.

 

[Santos82]

You can open an S.A.R.L company, you need 2 partners (they csn each have 1% and can be your family) and a capital of 30,000,000 LBP just deposits (you can use this money later) The advocate can make a company description (ize3a tijariye)

The main costs are an advocate and accounting each year (of course taxes too)

This is of course if your clients will be in lebanon, if not, yiu can create an offshore company.

Cant i be the only owner with no partner?


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[dyyyy]

Cant i be the only owner with no partner?


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no you have to be 3, but as i said, it can be family members with just 1% each (that's a way to workaround it)

 

[Jo]

Cant i be the only owner with no partner?


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It can also be a: "mou2assase fardiyye" or a "SAL"

 

[Iron Maiden]

It can also be a: "mou2assase fardiyye" or a "SAL"

but doesnt mou2assase fardiye come with a lot of personal liability?

 

[Jo]

but doesnt mou2assase fardiye come with a lot of personal liability?

and with much much much less taxes also

 

[Iron Maiden]

and with much much much less taxes also

is it worth it tho?

 

[Jo]

is it worth it tho?

it depends on the income projected and type of business i guess.

If he wants to work as a freelancer as a side job - then i think its the right way to do it.

 

[cedarheart]

Register in a country that allows foreign ownership
Many countries allow that with 0 capital
your revenues are safer in a foreign bank than with Lebanese ones for now