Liberia, Republic of

A legal person is a resident in Liberia if it is:

• incorporated or formed under the laws of Liberia and either:
  • has its management and control in Liberia or
  • undertakes most of its operations in Liberia
• a corporation, registered business company, limited liability company, foundation, trust, limited partnership, or similar arrangement that undertakes some business activity in Liberia and has a majority (by vote or value) of direct or indirect shareholders, members, beneficiaries, or unit holder's resident in Liberia, or
• a general partnership, joint venture, or trust, and a partner, co-venturer, or trustee is a resident in Liberia.

 A non-resident is a person who is not a resident during the tax year.

Permanent establishment (PE)

The PE of a non-resident person in the Republic of Liberia is the establishment through which it carries on business activity in Liberia, in full or in part, for a period of no less than 90 days during the tax year, including activity carried out through an agent.