Liberia Corporations
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 |
|
Yes |
|
Yes |
|
No |
|
25% |
|
4 weeks |
Share capital or equivalent |
|
|
Liberian Dollar is commonly used |
|
None |
|
N/A |
|
N/A |
|
N/A |
Director |
|
|
One |
|
No |
|
No |
|
Anywhere |
|
Yes |
Members |
|
|
One |
|
Yes |
|
Anywhere |
Accounts |
|
|
Yes |
|
No |
|
Yes |
|
No |
Other |
|
|
No |
|
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.