The tag along clause provides that if a shareholder offers to sell a specified percentage of the shares in the company to a third party, such shareholder should procure that the third party makes the same pro rata offer to acquire the shares of the remaining shareholders.
Can a Lebanese offshore company be managed by foreigners?
Yes, it can. The members of the board of directors of a Lebanese offshore company may be non-Lebanese.
Is there a Stock market in Beirut?
Yes, there is. The Beirut Stock Exchange (BSE) was established in 1920. However, since the Lebanese war, low activity was observed on the BSE.
Can a holding company be a Limited Liability Company (SARL)?
No, a holding company is necessarily in the form of a joint stock company (SAL).
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