Investment framework and opportunities in Lebanon

Procedures Relative to Foreign Investment

Obligation to Declare: It is required of each foreign company wishing to do business in Lebanon to inform the Ministry of Economy and Trade in a formal document prior to registering in the Commercial Registrar.
Requests For Specific Authorisations: IDAL has the authority to award licenses and permits for new investment in specific sectors.
The law does not permit offshore banking, trust, and insurance companies to operate in Lebanon.
Banking, insurance, and cargo, which can only operate as SALs, are required to have a Lebanese majority on the board, making them, in practice, restricted for FDI.
Several restrictions apply to the real estate sector as well (cabinet approval is required for acquisitions of land above 3,000 square meters).

Investment Aid Agency
Tenders, Projects and Public Procurement: Tenders Info, Tenders in Lebanon
DgMarket, Tenders Worldwide
Council for Development and Reconstruction (CDR), Information on projects to be awarded and ongoing and projects
Other Useful Resources: Central Bank of Lebanon
Ministry of Economy and Trade

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