The most common forms of business organizations operating in Lebanon

Below is a brief of the main requirements for the constitution of a Simple Limited Partnership:

• Minimum number of Partners is (2) two.

• No minimum capital required.

• Partners in the Limited Partnership by Shares is divided into two categories:

a. General Partner(s) (“Commandités”).

b. Limited Partner(s) (“Commanditaire”)

• Managed by the General Partner(s) (“Commandités”) and are jointly and severally liable for all debts and obligations of the Partnership.

• Must necessarily have headquarters in Lebanon.