Liberia Tax Rates
Liberia operates a progressive personal income tax system with rates up to 25%. The Liberia Revenue Authority (LRA) administers the system, featuring a 25% corporate tax rate and 10% GST. Liberia's economy is driven by mining (iron ore, gold), rubber, and shipping (through its flag of convenience registry).
Top Income Tax Rate
25%
Corporate Tax Rate
25%
VAT / Sales Tax
10%
Capital Gains Tax
15%
Detailed Tax Information
Income Tax Brackets
Liberia levies progressive income tax with rates from 0% to 25%. Employment income is subject to PAYE withholding. Non-residents are taxed on Liberian-sourced income.
| Income Range | Tax Rate |
|---|---|
| L$0 – L$70K | 0% |
| L$70K – L$200K | 5% |
| L$200K – L$800K | 15% |
| L$800K+ | 25% |
Corporate Tax
The standard corporate tax rate is 25%. Mining and petroleum companies may be subject to higher rates under concession agreements. A turnover tax may apply to smaller businesses.
Standard Rate
25%
Capital Gains Tax
Capital gains are taxed at 15% or included in ordinary income at the applicable rate.
Rate
15%
VAT / Sales Tax
Goods and Services Tax (GST) is levied at 10% on taxable supplies. Essential goods and services are exempt or zero-rated.
Standard Rate
10%
Cryptocurrency Tax
Liberia does not have specific cryptocurrency legislation. General tax principles would apply.
Tax Treaties
Liberia has approximately 2 double taxation agreements.
Treaty Network
2
Double taxation agreements
Major treaty partners:
Key Details
Relocate to Liberia
See how much you could save by moving here from your current country.
+$20K
Tax in United States
$24K
24.4% effective
Tax in Liberia
$5K
4.5% effective
You Save
81.5%
less tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
