Liberia, Republic of

Overview

Last reviewed - 02 September 2025

The Republic of Liberia is located on the west coast of Africa. It is bordered on the north by Guinea, on the south by the Atlantic Ocean, on the east by Cote d’Ivoire, and on the west by Sierra Leone. The capital city of Liberia is Monrovia.

For administrative purposes, Liberia is divided into 15 counties, each of which is headed by superintendents, who are appointed by the President. Liberia has three branches of government, which have equal and separate powers, and they are the Legislative, Executive, and Judiciary branches of government.

The official language of Liberia is English. Liberia uses dual currencies, and they are the Liberian dollar (LDR) and United States dollar (USD). Liberia is a founding member of the United Nation and its specialided agencies, a member of the African Union (AU), the Economic Community of West African States (ECOWAS), the African Development Bank (ADB), and the Mano River Union (MRU).

Liberia is a nation rich with natural resources including iron ore, gold, diamonds, natural rubber, large forests for logging and timber harvesting, and vast agricultural land for ensuring food security.

PwC Liberia

PwC’s office is in Monrovia, on Payne Avenue, 9th street Sinkor.

The tax line of service provides services to both resident and non-resident companies. These services include, but are not limited to, tax advisory services, payroll compliance and management, transfer pricing services, withholding tax services, entity set-up and strategic tax planning, tax health check, as well as regulatory compliance services.

Quick rates and dates

Corporate income tax (CIT) rates
Headline CIT rate (%)

25

Corporate income tax (CIT) due dates
CIT return due date

Last day of the third month after the end of the tax year.

CIT final payment due date

Last day of the third month after the end of the tax year.

CIT estimated payment due dates

Quarterly on the 15th day of the preceding month after the end of the quarter.

Personal income tax (PIT) rates
Headline PIT rate (%)

Resident: 25;

Non-resident: 20

Personal income tax (PIT) due dates
PIT return due date

31 March of the following year.

PIT final payment due date

31 March of the following year.

PIT estimated payment due dates

10th day of the month following payment.

Value-added tax (VAT) rates
Standard VAT rate (%)

Goods and services tax (GST): 12

Withholding tax (WHT) rates
WHT rates (%) (Dividends/Interest/Royalties)

Resident: 15 / 15 / 15;

Non-resident: 15 / 15 / 15

Capital gains tax (CGT) rates
Headline corporate capital gains tax rate (%)

Capital gains are subject to the normal CIT rate.

Headline individual capital gains tax rate (%)

Capital gains are subject to the normal PIT rate.

Net wealth/worth tax rates
Headline net wealth/worth tax rate (%)

NA

Inheritance and gift tax rates
Headline inheritance tax rate (%)

NA

Headline gift tax rate (%)

NA

NA stands for Not Applicable (i.e. the territory does not have the indicated tax or requirement)

NP stands for Not Provided (i.e. the information is not currently provided in this chart)

All information in this chart is up to date as of the 'Last reviewed' date on the corresponding territory Overview page. This chart has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this chart, and, to the extent permitted by law, PwC does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.