The Ministry of Finance (MoF) has issued on the 19th December 2024 the decision # 1177/1 in application of the article 83 of the 2022 Budget Law # 10. According to this article of the 2022 Budget Law, commercial entities and individuals who ceased their activity following the Beirut port explosion can benefit from a full exemption on their income tax for the years 2021, 2022 and 2023 in case they resumed their activity, under certain conditions.
