Liberia Private Foundation
The Liberia Private Foundation must appoint at least one director and three shareholders, who can be of any nationality. Two of the shareholders must be Individual. The minimum paid up share capital required to complete the incorporation process is US $10000;
Key Features of Liberia Private Foundation
Liberia Private Foundation |
Corporate Details |
General |
|
|
Private Foundation |
|
Yes |
|
Yes |
|
No |
|
Limited |
|
US$10,000 |
|
Yes |
Share capital or equivalent |
|
|
US Dollar is commonly used |
|
None |
|
N/A |
|
N/A |
|
N/A |
Director |
|
|
One |
|
No |
|
No |
|
Anywhere |
|
Yes |
Members |
|
|
Three |
|
No |
|
Yes |
|
Anywhere |
Accounts |
|
|
Yes |
|
No |
|
No |
Tax Treatment
Corporate tax is 25%
Duration for set up the Foundation
Ten weeks.
Distinctive Advantages of Liberia Private Foundation
- Does not required by the law to submit audited financial statement.
- It is popular among those who wish to set up an entity to preserve wealth generating activities of a family.
The Valsen Advantages
- Speedy, Efficient and consistent Services.
- Relentless effort to obtain bank accounts.
- Expert advice on structuring options.
- Dedicated ongoing compliance support.