Limited Liability Company (LLC)
The Liberian Limited Liability Company (LLC) is an entity designed to provide the limited liability features of a corporation with the operational flexibility of a partnership. The LLC is a preferred form of entity for holding real estate and other forms of asset investment. The LLC is not a tax paying entity and any profits or losses are reported on the individual member’s tax return.
Members of a Liberian LLC have the same limited liability protection afforded to shareholders of a corporation.
A Liberian LLC may elect to ‘check the box’ for US tax purposes. See details at the link here.
Detailed instructions on how to form an LLC, as well as model forms are available here.
To download a copy of the Liberian Associations Law of 1977, as amended, please reference the Liberian Law section of the website.