🇱🇧 Lebanese Republic
VAT 11% — Full compliance with Ministry of Finance (MOF) requirements
Value Added Tax in Lebanon
Lebanon operates a Value Added Tax (VAT) system at a standard rate of 11%, administered by the Ministry of Finance (MOF). Lebanon has a unique economic reality where the US Dollar is widely used alongside the Lebanese Pound. The Lira has experienced hyperinflation since 2019, making dual pricing (LBP and USD) an everyday necessity. XiKey fully supports multi-currency to handle both LBP and USD pricing at the point of sale.
- 11% standard VAT rate
- Ministry of Finance (MOF) compliant
- LBP with ل.ل Arabic symbol
- Sequential invoice numbering required
- Multi-currency support (USD widely used)
- Dual LBP/USD pricing at point of sale
Lebanon Compliance Requirements
Full support for Lebanon's VAT system
Dual Currency LBP/USD
Lebanon operates in a dual-currency reality where USD is used daily alongside LBP. XiKey provides dual pricing at point of sale with automatic conversion at updatable exchange rates, making it easy to handle both currencies seamlessly.
MOF VAT Returns
XiKey generates quarterly VAT returns compliant with Lebanese MOF requirements. This includes sales and purchase ledgers, input and output tax calculations, and tax declarations ready for filing.
Arabic-English Invoicing
The MOF requires invoices to include: supplier name and registration number, invoice date and sequential numbering, Arabic description of goods and services, taxable amount, VAT rate and amount. XiKey fully supports bilingual Arabic-English invoicing.
Lebanon-Specific Notes
Dual-Currency Economy
Lebanon has a unique dual-currency economy where USD is widely used alongside the Lebanese Pound. The Lira has experienced hyperinflation since 2019, resulting in multiple exchange rates. XiKey fully supports multi-currency to handle both LBP and USD pricing together, with real-time updatable exchange rates to reflect economic conditions.
| Item | Details |
|---|---|
| Tax Type | VAT (Value Added Tax) |
| Standard Rate | 11% |
| Reduced Rates | Basic food 0%, medicine 0%, financial services exempt |
| Exchange Rate | Floating rate — multi-currency support (LBP + USD) |
| Tax Authority | MOF — Ministry of Finance |
Ready to Deploy in Lebanon?
XiKey is ready to run in Lebanon today — 11% VAT, MOF-compliant invoicing, and full LBP/USD multi-currency support.