Company Formation in Liberia
Africa
Overview
Liberia, located in West Africa, is gaining popularity as an international business jurisdiction due to its favorable approach to foreign capital. It's a member of key global organizations and allows both foreign companies to operate within the country and Liberian companies to conduct business abroad. The country offers significant benefits for offshore operations, including tax neutrality on foreign-sourced profits (if no local assets), full confidentiality for beneficiaries, no annual reporting requirements, and no stamp duties or currency controls.
Our Process
Step 1: Appoint Director & Secretary
Appoint a director and secretary; these roles can be filled by foreigners.
Step 2: Obtain Application Forms
Acquire the official application forms from the Ministry of Industry and Commerce.
Step 3: Prepare & Notarize Documents
Prepare all incorporation documents, including the company constitution, ensuring they are notarized and apostilled.
Step 4: Submit Registration Application
Submit the application along with supporting documents (agent information, fee receipts) to the relevant state body.
Step 5: Company Registration
Upon successful submission and review, the registration certificate is typically issued within five days.
Key Requirements
- Minimum 1 director and 1 secretary (can be foreign nationals)
- Registered local address and local agent
- Notarized and apostilled incorporation documents
- Payment of registration fees
- Company constitution specifying activities, owners, and capital
- Non-residents are prohibited from engaging in banking, stock, insurance, and gambling activities