What is the process of setting up a company in Liberia?
A company must register with the Liberian Business Registry. The company must file either its articles of incorporation, an application for authority to do business or a certificate of formation. Upon completion, a business certificate will be issued for a period of one year, to be renewed annually. Additionally, the Liberian Business Registry requires that the identification of shareholders, incorporators and directors (if a company chooses to list the names of directors in its articles of incorporation) be submitted as required documents for an entity to be registered.
A company is not required to reserve its name before registration; however, upon the filing of the required documents, the Liberian Business Registry will conduct its due diligence to ensure that the name of the company is not in use by another pre-existing Liberian entity.