☑️ The Basics

Currency: Lebanese pound (Oyster chooses to pay salaries in USD due to the ongoing economic crisis and multiple exchange rates)

Public Holidays: up to 20 public holidays (see here)

Employer Taxes: 22.5% of gross salary with caps and exceptions, refer to the bottom of the page under Taxes In Lebanon → Employers

Official Language: Arabic

Payroll frequency: Monthly

Two things to know about employing in Lebanon

  1. There are 6 different exchange rates for USD <> LBP transactions due to the ongoing political crisis. You don't need to worry about that, though. Oyster pays employees in USD, which protects your hire from the currency fluctuations.
  2. In addition to the mandatory benefits (which included transportation benefits), some companies in Lebanon also offer private health and life insurance, food allowances, and family and education allowances. These allowances do not form part of the NSSF (National Social Security Fund) employer contributions but is accounted for as operational expenses, and are free of tax.

Employment in Lebanon

Notice Period

Written notice must be provided for terminations except in cases of contract violation. The notice period for dismissals and resignation depends on the employee's length of service with the employer:

In lieu of letting employees serve out their notice period, employers can also choose to pay them compensation equal to the wages that would have been earned during the notice period.

The employer and employee can terminate the employment contract at any time by mutual consent, as long as the employee's consent is expressed in writing.

Termination & Severance

Employees are entitled to severance pay in case of unfair or abusive termination, the amount of which can be equal to between 2 and 12 months' wages. The assessment of severance pay should take into consideration:

Probationary period

Three months

Minimum Wage

LBP 675,000 per month (~$500 USD per month)

IP protection and non-compete agreements

The validity of non-compete agreements in Lebanon depends on the legitimacy of their provisions. They must be clearly stated, and limited in their duration and geographical scope.