Work in Lebanon for a company in Monaco
Can I work remotely for a company in Monaco while being in Lebanon?
It is usually doable, but we recommand to check the following key points first:
- The company you are applying for is located in Monaco.
- The company is a company registered in Monaco.
- The company is registered in the country you are applying for.
I have a friend who is a French citizen and he is looking for a job in Lebanon. He is an experienced software engineer with a good salary. He is not willing to relocate to Lebanon.
What can I do for him?
I am a French citizen who is looking for a job in Lebanon. I have a good salary and I am willing to relocate.
How to live in Lebanon and find remote work in Monaco?
Finding remote work in Monaco if you are located in Lebanon might be difficult, therefore we recommend that you move to Monaco.
Why?
The reason for this is that Monaco is a tax haven and therefore, you do not have to pay any taxes to the government.
You can live in Monaco for a year without paying any taxes and that is the reason why you will find so many remote jobs.
If you are located in Lebanon, you have to pay taxes to the government.
However, you will find that the average salary in Monaco is about $4,000, which is about the same as the average salary in Lebanon.
Therefore, if you are looking for remote work, you should consider moving to Monaco.
In this post, we will show you how to move to Monaco and find remote work in Monaco.
Why should you move to Monaco?
The reason why you should move to Monaco is that Monaco is a tax haven and therefore, you do not have to pay any taxes to the government.
How a company in Monaco can send my salary in Lebanon?
When working remotely for a corporation in Monaco, you salary can be send to Lebanon but you must be registered with a Lebanese company.
How to work from Monaco? If you are working from Monaco and you are a freelancer, you can work from Monaco and you can work for any company in Monaco. But if you are a company employee, you can work from Monaco only if you are registered with a Lebanese company.
Where to pay my taxes when working remotely in Lebanon for a company in Monaco?
If you are working remotely in Lebanon for a corporation established in Monaco, taxes could seem complicated but in fact , it is not.
There are two taxes that you need to pay when working remotely in Lebanon for a company established in Monaco.
The first one is the income tax and the second one is the corporate tax.
How to pay my taxes when working remotely in Lebanon for a company in Monaco?
I will explain how to pay my taxes when working remotely in Lebanon for a company in Monaco in this article.
- Income tax
If you are working remotely in Lebanon for a company established in Monaco, you will have to pay the income tax.
The income tax is calculated by the income of the person and the tax rate.
The income tax rate in Lebanon is 5% for the first $3,000 of income and 10% for the rest of the income. - Corporate tax
The corporate tax is calculated by the corporation’s income.
The corporate tax rate in Lebanon is 30% for the first $100,000 of income and 20% for the rest of the income.