Liberia, Republic of
Overview
Last reviewed - 02 September 2025The 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 | |
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Headline CIT rate (%) |
25 |
Corporate income tax (CIT) due dates | |
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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 | |
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Headline PIT rate (%) |
Resident: 25; Non-resident: 20 |
Personal income tax (PIT) due dates | |
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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 | |
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Standard VAT rate (%) |
Goods and services tax (GST): 12 |
Withholding tax (WHT) rates | |
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WHT rates (%) (Dividends/Interest/Royalties) |
Resident: 15 / 15 / 15; Non-resident: 15 / 15 / 15 |
Capital gains tax (CGT) rates | |
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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 | |
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Headline net wealth/worth tax rate (%) |
NA |
Inheritance and gift tax rates | |
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Headline inheritance tax rate (%) |
NA |
Headline gift tax rate (%) |
NA |