Liberia Company Formation

Liberia is an independent republic in West Africa. Its ship register is among the largest in the world by tonnage and has a long history in international shipping.

The Liberian company register is operated by LISCR (Liberian International Ship & Corporate Registry), which also runs the ship register. Recent amendments have brought the country's company legislation into line with Delaware standards.

General Information

• Location: West Africa — capital Monrovia
• Company types: Corporation, Limited Liability Company (LLC), partnerships and foundations
• Legal system: company legislation aligned with Delaware standards
• Registry administration: LISCR — operations centre in the US (Virginia)
• Official language: English
• Currency: Liberian Dollar and US Dollar

Key Features

• Liberian companies are exempt from taxation in Liberia, and tax residence can be established outside the country.
• Shareholders, directors and officers may be individuals or companies of any nationality, and the company can be managed from anywhere in the world.
• It offers a range of company types, including structures designed specifically for vessel-owning companies.
• Thanks to the electronic registry, company records and documents are handled quickly and digitally.

Who Is It For?

• Owners who prefer a long-established and well-known jurisdiction in ship and yacht ownership.
• Those looking for a company structure that is simple from a tax perspective.
• Owners who want to manage their company from anywhere in the world.