Holding Companies

Holding companies are subject to an annual tax computed on its total share capital plus reserves as follows:

6% on the first Lbp 50, 000,000
4% on the second Lbp 30, 000,000
2% on amounts exceeding Lbp 80,000,000, providing that the total tax amount does not exceed Lbp 5,000,000 per year

In addition, certain industrial activities are exempt when they relate to the economical development of the country And they fulfill certain legal requirements.