Liberia LLC

The Liberian Limited Liability Company (LLC) is an entity designed to provide the limited liability features of a corporation with the operational flexibility of a partnership. The Liberia LLC is a preferred form of entity for holding real estate and other forms of asset investment. The Liberia LLC is not a tax paying entity and any profits or losses are reported on the individual member’s tax return.
Members of a Liberian LLC have the same limited liability protection afforded to shareholders of a corporation.
Key Features Liberia LLC

Liberia LLC	Corporate Details
General
Type of Entity	Limited Liability Company
Registered Office in Liberia	Yes
Shelf company availability	Yes
Method of Formation	Filing Articles of Incorporation
Access to Double Taxation Treaties	No
Share capital or equivalent
Standard currency	US Dollar is commonly used
Standard share Capital	US$50,000 par value or 500 shares without par value
Initial Capital Requirements	None
Usual authorized	N/A
Bearer shares allowed	N/A
No-par-value shares allowed	N/A
Director
Minimum number	One (can be a shareholder; can also act as an officer)
Local required	No
Publicly accessible records	No
Location of meetings	Anywhere
Corporate directorship allowed	Yes
Members
Minimum number	One
Publicly accessible records	No
Corporate members allowed	Yes
Location of meetings	Anywhere
Company Secretary
Required	Yes
Local or qualified	No
Accounts
Requirements to prepare	Yes
Audit requirements	No
Requirements to file accounts	No
Publicly accessible accounts	No
Other
Requirement to file annual return	No
Migration of domicile permitted	Yes
Annual License Fee	US$450.00 for a company with a standard capital of US $50,000 par value or 500 shares without par value.

Corporate tax
Non-Resident Liberian corporations do not incur tax liabilities in Liberia if the income is derived from non-Liberian sources, is not remitted to Liberia or not more than 24% of the shareholding is held by persons liable to taxation in Liberia.
Double Taxation Treaty
Liberia has double tax agreements with Germany and Sweden. A treaty with Canada has been signed but is not in effect. A treaty to avoid double taxation on shipping and aircraft income is in force with New Zealand.
These treaties do not extend to the Liberian Non-Resident Company but may benefit shipping owned by Liberian corporations. 
Duration for setting up the company
One business day.
Liberia LLC Distinctive Advantages

• 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 LLC 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.