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Legal Forms of Companies

Joint Stock Company (SAL)

Number of partners: Minimum 3 partners / shareholders.
Capital (max/min): Minimum capital of LBP 30,000,000 with 25% to be paid at time of registration.
Shareholders and liability: Limited to the extent of the share capital

Private Limited Company (SARL)

Number of partners: Minimum 3 partners / shareholders, with a maximum of 20.
Capital (max/min): Minimum capital of LBP 5,000,000 wholly paid-up at time of registration.
Shareholders and liability: Limited to the extent of the share capital

General Partnership (SNC)

Number of partners: Minimum 2 partners.
Capital (max/min): No minimum capital.
Shareholders and liability: Unlimited liability

SCA or partnership limited by actions

Number of partners: Minimum 2 partners.
Capital (max/min): No minimum capital.
Shareholders and liability: Unlimited liability for general partners. Liability limited to their investments for limited partners.

SCS or partnership limited by shares

Number of partners: Minimum 2 partners.
Capital (max/min): No minimum capital.
Shareholders and liability: Unlimited liability for general partners. Liability limited to their investments for limited partners.

The holding company, subject to Decree Law no.45 of June, 24 1983 and its amendments.

Number of partners: Minimum 3 partners.
Capital (max/min): Minimum capital of LBP 30,000,000.
Shareholders and liability: Limited to the extent of the share capital

The offshore company subject to Decree Law no.46 of June, 24 1983

Number of partners: Minimum 3 partners.
Capital (max/min): Minimum capital of LBP 30,000,000.
Shareholders and liability: Limited to the extent of the share capital

Business Setup Procedures

Source: Doing Business - Latest available data.