The Liberian Corporations is an entity designed to provide features of a corporation with the operational flexibility of a partnership. The Liberia Corporations is a preferred form of entity for holding real estate and other forms of asset investment. The Liberia Corporation is not a tax paying entity and any profits or losses are reported on the individual member’s tax return.

Members of a Liberian Corporations have the same limited liability protection afforded to shareholders of a corporation.

Key Features of Liberia Corporations

Liberia Corporation

Corporate Details

General

Type of Entity

Corporation

  • Registered Office in Liberia

Yes

  • Shelf company availability

Yes

  • Access to Double Taxation Treaties

No

  • Corporate tax rate

25%

  • Duration of forming an entity

4 weeks

Share capital or equivalent

  • Standard currency

Liberian  Dollar is commonly used

  • Initial Capital Requirements

None

  • Usual authorized

N/A

N/A

  • No-par-value shares allowed

N/A

Director

  • Minimum number

One

  • Local required

No

  • Publicly accessible records

No

  • Location of meetings

Anywhere

  • Corporate directorship allowed

Yes

Members

  • Minimum number

One

  • Corporate members allowed

Yes

  • Location of meetings

Anywhere

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

Yes

  • Publicly accessible accounts

No

Other

  • Requirement to file annual return

No

  • Migration of domicile permitted

Yes

Tax treatment

Corporate tax is 25%.

Duration for set up of the corporation

Four weeks.

Advantages of Liberia Corporation

  • The entity protects shareholders′ personal assets from creditors. Shareholders′ liability is generally limited to the amount each has invested in the Corporation.
  • Income generated by the Corporation does not attach to the entity itself, but flows directly through to its members avoiding the possibility of double taxation at both the entity level and member level.

The Valsen Advantage

  • Speedy, Efficient and consistent Services.
  • Relentless effort to obtain bank accounts.
  • Expert advice on structuring options.
  • Dedicated ongoing compliance support.