The Investment & Development Authority in Lebanon (IDAL) informs businessmen who are interested in finding investment opportunities in Lebanon,
that the agency has set a package of fiscal and administrative incentives in order to facilitate the set-up and operation of projects in Lebanon especially in the following growth generating economic sectors : Industry, Agriculture, Agro- Industry, Tourism, Technology, Telecommunication, Media, Information.
The incentives which are part of a “Package Deal Contract” binding the Lebanese Government to the investor include various types of fiscal exemptions, fees reduction and services as stipulated in Investment Law No. 360 and are the following :
- exemption from income tax and taxes on project dividends for a certain period of time
- exemption on land registration fees
- reduction on construction permits fees
- providing information on legal framework for investments
- identifying and promoting investment opportunities in various growth promising sectors and identifying potential joint-venture opportunities
- facilitating the issuance of permits and licences required for starting and operating a business in Lebanon
- arranging for business meeting with officials from both private and public sectors
For more information on IDAL please refer to its website :www.idal.com.lb
or contact the agency as follows :
Email : invest@idal.com.lb
Fax : 00961(1)983302/3
Tel : 00961(1)983306/7/8