Sector Reserved for Liberian Ownership

According to the Investment Act of 2010, ownership of the following business activities are reserved exclusively for Liberians:

Supply of sand
Block making
Peddling
Travel Agencies
Retail sale of rice and cement
Ice making and sale of ice
Tire repair shops
Auto repair shops with investments of less than $US50,000
Shoe repair shops
Retail sale of timber and planks
Operation of gas stations
Video clubs
Operation of taxis
Importation or sale of second-hand or used clothing
Distribution in Liberia of locally manufactured products
Importation and sale of used cars (except authorized dealerships which
may deal in certified used vehicles of their make)

According to the Investment Act of 2010, foreign investors may invest in the following business activities provided that the investment is more than US$500,000. Where the enterprise is owned by non-Liberians in partnership with Liberians, and the aggregate shareholding of the Liberians is at least 25%, the total capital invested must be more than US$300,000.

Production and supply of stone and granite
Ice cream manufacturing
Commercial printing
Advertising agencies, graphics and commercial artists
Cinemas
Production of poultry and poultry products
Operation of water purification or bottling plant (excludes the production
and sale of water in sachets)
Entertainment centers not connected with a hotel establishment
Sale of animal and poultry feed
Operation of heavy-duty trucks
Bakeries
Sale of pharmaceuticals