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Liberia
Jurisdictions


Location
Western Africa
Area
111, 370 sq. km.
Population
3,288,198
Capital
Monrovia
Language
English
Currency
Liberian Dollar (LRD) = USD
Type of company
Non-resident Corporations, Limited Liability Companies, Partnerships, not for profit businesses
Minimum authorised share capital
not fixed, standard USD 50,000 or 500 shares without par value
Paid capital
not fixed
Minimum number of shareholders
one, individual or corporate, resident or not

Minimum number of directors

one (depends on the number of shareholders, if there are 2 shareholders – at least 2 directors, if 3 or more shareholders – at least 3 directors), individual or corporate, resident or not
Nominee services
available

Bearer shares

available
Public disclosure of beneficial owners
no
Taxation
no, annual license fee of USD 150
Submit annual return and accounts
no
Annual audit
not required
Shelf companies
not available
Time to supply documents
3 weeks
Need to travel
no
Additional information
Hague Convention of 1961applies

 

Jurisdictions

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FAQ
What is offshore?

The word "offshore" has no precise legal dictionary definition, it simply means "situated or operating in a foreign country or at some distance from the shore" and reflects the fact that most low tax jurisdictions are islands.

read more >>

Portfolio of Laws
- BVI - Trustee (Amendment) Act, 2003

- Cayman Islands - The Companies Law (CAP.22) - (2002 Revision)

- Cyprus - The Income Tax Law of 2002

more laws >>

Comparison Table >>
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G.S.L. Law & Consulting