Liberia, Republic of

Corporate - Other issues

Last reviewed - 02 September 2025

Choice of business entity

An entity seeking to operate in Liberia could establish a branch or a subsidiary.

Adoption of IFRS

Liberia has adopted IFRS and IFRS for SMEs as issued by the IASB.

Intergovernmental agreements (IGAs)

Liberia is a signatory to the Common Reporting Standard (CRS) Multilateral Competent Authority Agreement. Liberia has put in force and is partially compliant with the Amended Multilateral Convention on Mutual Administrative Assistance in Tax Matters.