Bank of Syria & Overseas:
Account No. in Syria:
/037515/ - Bassam Edward Sabbagh – Audi Bank.
Account No. in Lebanon:
Bassam Sabbagh -/0006-203654-003/
IBAN LB92 0101 0000 0000 0062 0365 4003, Chtoura Branch;
Al MAWARID Bank S.A.L.
Swift code: MABALBBE.
Terms for Payment:
Remuneration is paid either case by case or per hour. In the latter case the amount varies depending on whether the service is offered by a senior or a junior councilor.
A wages agreement may also be signed, which comprises the amount of remuneration to be paid on monthly basis for all consultations and drafting of contracts and agreements. It also includes formulating minutes of meeting of board of directors, or shareholders, and attending business negotiations for the purpose of preparing and drafting memorandums of understanding or letters of intent. This may be done in Arabic, English or French. The wages agreement does not include litigation.
An additional agreement may be signed, upon the client’s wish, for supervising all correspondence of the client or company in order to ensure its being in accordance with the law. This service is performed by a sole person so that confidentiality is ensured.
Each stage is invoiced 50% in advance and the remaining 50% as it completed in law-suits. Terms for payment are 10 days from the invoice date.