Insights

Kindly find attached decision No. 568/1 dated 29 July 2019 related to the extension of the deadline to submit the Ultimate Beneficiary Owner declaration (M18) till 31 October 2019. M18 should be submitted online for companies registered online, other companies should submit it via LibanPost.

On 18 July 2019, the Central Bank of Lebanon issued Intermediate Circular number 13087 requesting from all banks to ensure that the financial statements received are conforming and matching with those submitted to the tax authorities.

Kindly find attached Minister of Finance Decisions 519/1 and 520/1 dated 15 July 2019 related to the extension of the deadline for the submission and settlement of the tax on salaries and VAT of the second quarter of year 2019

Expo Magazine, in its June 2019 publication, has published an article about the workshop held in ESA and hosted by the Lebanese Association of Certified Public Accountants with the collaboration with the Special Investigation Commission in relation to “fighting corruption and money laundering/terrorism financing and tax evasion”