Offshore Company Formation Liberia

Gereral Information about Liberia

Liberia is to be found on the west coast of Africa, bounded by Sierra Leone, Guinea and Ivory Coast. It has a population of about 3.5 million and the capital is Monrovia. The language is English and the currency the Liberian dollar. The U.S. dollar is also widely used.

The economy of Liberia has been largely destroyed by two civil wars. It is not a healthy place to live, life expectancy being about 37 years. Child mortality is high and there is a high risk of infection from tropical diseases.

Liberia Financial Services

Despite the drawbacks the Liberian offshore company has been in use for many years and is probably best known for its use in shipping operations, Liberia being a major flag of convenience. An offshore company must be at least 75% owned by non-residents and it must not engage in business in Liberia. It must be formed through a government owned international trust company and have a registered agent in Liberia. Other than this there is no requirement for any officer to be a Liberian resident and the all the records may be outside the country.

Liberia offshore company regulations
Type of entity	Exempt
Type of law	Common
Corporate taxation	Nil
Double taxation treaties available	No
Share Capital
Usual currency	U.S.$
Permitted currencies	U.S.$
Minimum paid up	$1
Usual authorised	$10,000
Directors
Minimum number	1
Local resident required	No
Records publicly available	No
Location of Meetings	Anywhere
Shareholders / Members
Minimum number	1
Records publicly available	No
Location of Meetings	Anywhere
Company Secretary
Required	Yes
Local or qualified	No
Accounts
Required	Yes
Audit required	No
Filing required	No
Publicly available	No
Other
Annual return required	No
Change of domicile permitted	Yes

Why not talk to us about forming an offshore company in Liberia? Call +353 1 431 9663 or Click Here to contact us.

Offshore Company Formation Liberia

Share Capital

Directors

Shareholders / Members

Company Secretary

Accounts

Other