Why Liberia?

Reasons to Invest?

There are a number of reasons to invest in Liberia. However, here are our top 10 reasons. Read on.

1

Access to Regional Markets

Liberia has access to over 335 million consumers through ECOWAS. As founding member of the Mano River Union and ECOWAS, Liberia is better positioned with access to these markets.
What you produce in Liberia can be exported in 15 countries of ECOWAS and any country of EUROPE in duty free regime.

2

Low Cost of Labor

With a very youthful population, Liberia’s cost of labor is set at US$5.00-6.00 per day.

3

Minimum Restriction on Repatriation of Profits and No Currency Exchange Restrictions

Section 11 of the Investment Act of 2010 strengthens investment protection by ensuring the ability of investors to repatriate capital and profits. These may include profits and dividends (net of taxes), remittance of moneys (net of taxes) in the event of the sale or liquidation of the business, repayments of loans acquired from foreign banks, etc.

4

Political Stability

Liberia has been politically stable for the past 15 years, holding three free, fair and transparent elections.

5

Free Tax Regime

New investments going through a simple approval process can get tax free status including on imported equipments and raw materials.
The normal income tax rate is 25% on profits; there are no capital controls, so any capital brought in Liberia can easily be expatriated and; Agri-processing and manufacturing investors are fast tracked through Government services and facilitated access to investment promotion.

6

International Markets

Liberia receives preferential treatment under the EU’s Everything But Arms initiative. The EBA grants duty-free, and in most cases quota free, access to the EU market. Liberia receives preferential treatment under Africa Growth and Opportunity Act, which offers the preferential access to the US market available outside the free trade agreements. Liberia also has a Trade and Investment Framework Agreement with the United States. The country also has access Asian and African (outside ECOWAS region) markets.

7

Guarantee Against Unfair Legal Procedures

Guarantee against unfair expropriation is guaranteed in the Section 7 of the Investment Act of 2010. And Liberia recognize as Upper Legal court the United Nation Commission for International Trade.

8

Prohibition Against Discrimination

Subject to Labor Law and Laws governing immigration; foreign investors, employers and workers enjoy the same rights and subjected to same duties and obligations as are applicable to citizens of Liberia.

9

Ease of Starting a Business

The World Bank in 2016 rated Liberia as 37th ‘best in the world’ as a place to start a business, one of the top countries in Africa. You can register a new company in 48 hours.

10

Large Untapped Natural Resources Base

Liberia is endowed with several rich bodies of minerals and other raw materials, including gold, diamonds, iron ore, bauxite, rubber, timber, and much.