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Lebanon

Offshore finance

Economy, tax incentives & labor conditions

As in other countries in the Middle East, there are many migrant workers and some are suffering from a lack of legal protection. Some of them are working in conditions close to slavery.
(ITUC-CSI , Suisse , 01/12/2007 , Annual Survey of violations of trade union rights )

Country investment incentives: bank secrecy and a free exchange regime with no control on capital flows; low taxes with a flat 10% corporate tax and a 5% tax on dividends; All free zones, Beirut Port, Tripoli Port, Selaata free zone, offer business and financial incentives, including the possibility of 100 pct foreign ownership, ten-year corporate tax exemption with no personal income tax for foreign employees, customs exemptions for goods entering and leaving the free zone.
(US & Foreign Commercial Service , Etats-Unis , 01/01/2000 )

Main violations of the human rights and dirty money laundering
(year and company name)