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     Doing Business » Taxes »
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.

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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