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Doing Business » Taxes » Annual tax rates – Resident Individuals »  
Taxes

Please note that when doing businesses in Liberia, the Government expects you to voluntarily register yourself; comply with tax laws; file correct, complete and candid returns and statements within the prescribed time; pay due taxes; maintain accounts, documents and records of your transactions; be truthful and honest in your dealings with tax authorities; and provide complete and accurate information and records as required by law.

Annual tax rates – Resident Individuals

The annual personal income tax of every resident individual in Liberia is determined in accordance with the following schedule:

Tax table: Personal Annual Income Tax Rates

BANDS FROM (LIB $) TO (LIB $) TAX RATE
1 0 70,000 0%
2 70,001 200,000 5%
3 200,001 800,000 6,500 + 15%
4 800,001 Above 96,500 + 25%

 

 
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