What are the types of companies in Lebanon?

There are various types of companies in Lebanon. The most common among these are: 1st Person Company: It is the simplest type of company and belongs to a single person. A sole proprietorship has unlimited liability for the owner's income and debts.

2. Limited Company: Limited company is one of the most common types of companies. It is established by at least two partners and the liability of the partners is limited to the capital they invest.

3. Joint Stock Company: Joint stock company is one of the types of companies that require the largest capital. It is founded by at least five partners and is traded through shares. The liability of partners is limited to the capital they invested.

4. Limited Partnership: A limited company consists of at least one general partner and at least one complementary partner. Limited partners are not responsible for the management of the company and have limited liability only for the capital they invest. Complementary partners are fully responsible for the management and debts of the company.

5. Cooperative: A cooperative is a business formed by partners to meet their economic or social needs. Cooperatives have a democratic structure where members have equal rights. These are just some types of companies, and more specific types can also be found in Lebanon. When forming a company, it is important to consult local laws to determine the appropriate type of company.