With an average of 9 days and 5 procedures only to start a business , Lebanon offers national and foreign investors alike with a competitive business environment. Its multi-skilled and highly educated workforce, ranked 19^th globally in the overall quality of education and 6th in the quality of Math and Science education, has been the backbone of the country’s success, providing it with the needed skills to move to an innovative based economy. Over the last few years, Lebanon has in fact managed to graduate successful start-ups which are now global players.

COMPETITIVE BUSINESS ENVIRONMENT

The country’s pro-business environment, in which it takes only 15 days and 6 procedures to open a business, in addition to a cost competitive structure have made Lebanon an attractive business destination.

TIME REQUIRED TO START A BUSINESS (no. of days | 2016)

Source: Global Competitiveness Report 2016-2017

NUMBER OF PROCEDURES TO START A BUSINESS (2016)

Source: Global Competitiveness Report 2016-2017

HIGHLY SKILLED LABOR FORCE

A highly skilled workforce is the foundation to a successful business. Lebanon offers the most educated labor force in the region with the highest number of graduates.

QUALITY OF EDUCATIONAL SYSTEM (2016-2017)

Source: Global Competitiveness Report 2016-2017

 QUALITY OF MATH & SCIENCE EDUCATION INDEX (2016-2017)

Source: Global Competitiveness Report 2015-2016