{"id":671,"date":"2018-07-31T21:14:33","date_gmt":"2018-07-31T21:14:33","guid":{"rendered":"https:\/\/ifa-consulting.com\/?page_id=671"},"modified":"2018-07-31T21:14:33","modified_gmt":"2018-07-31T21:14:33","slug":"liberia","status":"publish","type":"page","link":"https:\/\/ifa-consulting.com\/en\/services\/overseas-and-offshore-company-formation\/liberia\/","title":{"rendered":"Liberia"},"content":{"rendered":"<h2>General information<\/h2>\n<p align=\"JUSTIFY\">In 1822 territory where now is located Liberia was encountered by first settlers from the United States. They established the so-called free colored people colony or free land- Liberia. State history has a lot of conflicts and wars as with external competitors (Britain and France) as internal- civil war. The last ended only in 2003, and new national history has started since then. Liberia&#8217;s national system is a presidential republic, made up of the US model and prototype. Civil War greatly weakened the country&#8217;s economy and infrastructure was almost completely destroyed. As a result, Liberia has become one of the world&#8217;s poorest countries. The main source of income for the country&#8217;s economy is receipt of fees for use of the Liberian flags in different national courts.<\/p>\n<h2>The most common business entities<\/h2>\n<p align=\"JUSTIFY\">The most popular foreign business registration type is non- resident company (NRC).<\/p>\n<h2>The main features<\/h2>\n<p align=\"JUSTIFY\">There&#8217;s property tax and social contributions.<\/p>\n<h2>Corporate legislation<\/h2>\n<p align=\"JUSTIFY\">Liberia&#8217;s legal system is made on basis of the English common law with a mixture of modified forms of the American and the African common law. Thus, the legal system is mixed.<\/p>\n<h2>Registered capital<\/h2>\n<p align=\"JUSTIFY\">There are no requirements for stated capital. There is a standard capital amount of 50 thousand US dollars.<\/p>\n<h2>The main requirements for directors and shareholders<\/h2>\n<p align=\"JUSTIFY\">There are extremely liberal requirements- it is sufficient to have one director and one shareholder. They can be both legal and natural persons without any restrictions on residency.<\/p>\n<h2>Disclosure of the company&#8217;s beneficial to government bodies<\/h2>\n<p align=\"JUSTIFY\">Disclosure is not required, but it can be done on a voluntary basis.<\/p>\n<h2>Accounting<\/h2>\n<p align=\"JUSTIFY\">Requirements for financial statements are minimal. It is sufficient to record the accounting operations and make financial records.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>General information In 1822 territory where now is located Liberia was encountered by first settlers from the United States. They established the so-called free colored people colony or free land- Liberia. State history has a lot of conflicts and wars as with external competitors (Britain and France) as internal- civil war. The last ended only&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":530,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages\/671"}],"collection":[{"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/comments?post=671"}],"version-history":[{"count":1,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages\/671\/revisions"}],"predecessor-version":[{"id":672,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages\/671\/revisions\/672"}],"up":[{"embeddable":true,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages\/530"}],"wp:attachment":[{"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/media?parent=671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}