Want to set up a firm in Liberia? We can assist you in starting a business or in buying a shelf company in Liberia with a full package of necessary documents, legal advice and follow-up support. Incorporation of a firm in Liberia includes provision of a registered office (for at least 1 year in any of our service plans), an apostilled set of constitutional documents, secretarial services and assistance with compliance fee and pre-approval for opening an account in banks of Liberia. The total price of company formation in Liberia includes all necessary fees and charges for the first year of operation, as well as full one-year nominee service (package Optimum).
The judicial system of Liberia is a blend of common law, based on Anglo-American law, and African customary law.
Economic law is aimed at stimulation of private proprietorship and attraction of foreign investment. Liberia has been one of the centers of offshore business for more than 30 years.
The principal forms of business organization in Liberia are:
The most common structure is Non-resident corporation.
There is a range of requirements to the company name in Liberia:
The following steps are required to incorporate a foreign corporation in Liberia:
Every non-resident Liberian corporation is obligated to maintain a Registered Agent in Liberia. The exclusive Registered Agent for all Liberian non-resident entities is The LISCR Trust Company, which is located at 80 Broad Street, Monrovia, Liberia. The registered address of all non-resident Liberian entities is the address of the Registered Agent in Liberia.
The principal place of business of a non-resident Liberian Corporation is the business address of the Corporation, which can be located anywhere in the world except Liberia.
There are no compulsory requirements for a company seal.
There are a number of restrictions on the activities of Liberian non-resident companies. They cannot:
The redomiciliation of companies to or from Liberia is permitted.
A Liberian corporation must have at least one (1) director. Directors may be of any nationality and may be natural persons, corporations, or other legal entities.
There are no requirements to the meeting of a Board of directors.
Names of directors do not appear on a public file.
A Liberian corporation operates through its officers, not its director(s). It is the officers that execute the decisions taken by the director(s) and have the power to sign documents that bind the corporation. Therefore, Liberian Corporations are required to have officers: typically a President, Treasurer and Secretary.
The same person may hold two (2) or more “officer” titles. The officers may be individuals or legal persons of any nationality.
Non-resident corporations in Liberia may appoint a company secretary but it is not mandatory. Secretary may be a body corporate or an individual. The company secretary may be of any nationality and need not be resident in Liberia.
Each non-resident company in Liberia must have at least one shareholder who can be a natural person or a company, resident and non-resident.
Annual general meetings are not required.
The details of shareholders are not part of the public records.
The details of the beneficial owner are not available on public record.
The Liberian Association Law does not require information about shareholders, directors or officers to be filed in the public registry.
A voluntary filing of directors, officers and/or shareholders is permitted. Once filed, the information will become a part of public record and will be available to any third party.
As an alternative to voluntary filings with the Registrar, the corporation may record the information with the Registered Agent, who will issue the appropriate Certificate of Recordation. The information recorded with the Registered Agent is confidential and is not maintained in the public Registry.
The authorized capital of a standard Liberian Corporation is 500 registered and/or bearer shares without par value or up to US$50,000 of the total par value of shares. The authorized share capital may be expressed in any currency.
The minimum issued share capital is either one share of no par value or one share of par value. Issued shares must be fully paid.
Price1 430 USD
including incorporation tax, state registry fee, including Compliance fee
Business Registry incorporation fee
including registered address and registered agent, NOT including Compliance fee
DHL or TNT, at cost of a Courier Service
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Paid-up “nominee director” set includes the following documents
Paid-up “nominee shareholder” set includes the following documents
Compliance fee is payable in the cases of: renewal of a company, liquidation of a company, transfer out of a company, issue of a power of attorney to a new attorney, change of director / shareholder / BO (except the change to a nominee director / shareholder)
simple company structure with only 1 physical person
additional compliance fee for legal entity in structure under GSL administration (per 1 entity)
additional compliance fee for legal entity in structure NOT under GSL administration (per 1 entity)