Liberia Foreign Maritime Entities (FMEs)

The non Liberian entity may register an entity in Liberia so as to own and operate a ship flying a Liberian flag.
The minimum paid up share capital required to complete the incorporation process is US $1.
As a statutory requirement an FME must appoint the LISCR Trust company as registered agent in Liberia.
A Liberian foreign maritime entity is not required by law to annual audited.
Key Features of Liberia Foreign Maritime Entities (FMEs)

Liberia Foreign Maritime Entities (FMEs)	Corporate Details
General
Type of Entity	Foreign Maritime Entities (FMEs)
Registered Office in Liberia	Yes
Shelf company availability	Yes
Access to Double Taxation Treaties	No
Wholly foreign owned	Yes
Tax registration certificate required	Yes
Tax Identification Code	Yes
Share capital or equivalent
Standard currency	Liberian Dollar is commonly used
Minimum Paid up share capital	US $1
Usual authorized	N/A
Bearer shares allowed	N/A
No-par-value shares allowed	N/A
Director
Minimum Director required	One
Local required	No
Members
Minimum number	One
Local required	No
Corporate members allowed	Yes
Location of meetings	Anywhere
Company secretary allowed	Yes
Accounts
Requirements to prepare	Yes
Requirements to file Annual Tax return	No

Tax treatment
Corporate tax is 25%
Duration for set up of the company
Six weeks.
Advantages of Liberia Foreign Maritime Entities (FMEs)

• Does not required by the law to submit audited financial statement.
• No requirements to file annual Tax return.

The Valsen Advantages

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