Liberian Law

Liberian corporate law is generally modeled on U.S. corporate law. Liberian legal entities are governed by the Liberian Associations Law (1977, as amended through 2020), which contains the Business Corporations Law, the Limited Liability Company Law and the Private Foundation Law. Simultaneously, an Austrian-style Private Foundation law was also introduced and a UK-style Registered Business Company law and Registered Trust law were adopted. In 2002, a new Electronic Transaction law and Anti-Money Laundering law was also adopted.

Liberian Corporate Law

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