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Business accounts: Liberia

An honest assessment before work starts, the quote is fixed in writing.

Free consultation

We assess your chances against your profile, prepare the compliance file, help you present your source of funds properly and handle communication with the bank until it decides. The final decision always rests with the bank, and careful preparation improves the odds.

We quote the exact cost for this country after a short consultation: it depends on the bank and your residency. The quote is fixed in writing before work starts.

An account for a Liberian company

A non-resident Liberian corporation does no business in Liberia and is exempt from Liberian taxes, so its account is usually opened at a bank in the country where the business runs. Registration costs $600 and the annual fee $650; the official registry acts as agent for all non-resident companies.

Document for the bankWhere to get it
Certificate of incorporation and articlesthe registry at formation
Resolution appointing directors and officersthe organisation resolution
Certificates of incumbency and good standingthe registered agent
Ultimate owner and source of funds detailsthe company owner

We will calculate online the cost of opening an account for your company and maintaining it for a year.

Calculate online

Why banks refuse

  • No clear activity or contracts.
  • Ownership through several companies without disclosing owners.
  • Payments linked to sanctioned countries.

More on registration on our Liberia company registration page.

What companies Liberia registers

  • A corporation - for holdings and ship owning.
  • A limited liability company.
  • A partnership and limited partnership.
  • A private foundation - for family wealth.
  • A foreign maritime entity for owners of Liberian-flagged vessels.

An existing company can be moved to Liberia without liquidation. The company is managed through the registry's 24/7 online account, and annual declarations of shareholders, owners, management and record-keeping are held by the agent and not made public.

What we do

  • Corporate account - opening assistance

See also

Company formation · Personal account · Investment property

FAQ

Can a company open a bank account in Liberia?
The local banking sector is small and built around the domestic economy, so an account for a foreign company with no local operations is effectively out of reach. Even where a bank agrees, international payment capability is limited by a narrow set of correspondent relationships. It is a poor base for cross border business.
Where do Liberian companies actually bank?
Liberia is known for its corporate and shipping registry rather than its banks: companies are registered here and banked elsewhere. The account is sought where the business has a genuine link - partners, clients or management. Holding a Liberian company opens no doors on its own.
What will a bank ask a Liberian company for?
A full apostilled registry pack, ownership down to the beneficial owner, a business description and an explanation of why the company sits in Liberia. An offshore registration with no operating logic reads as a red flag. Expect questions about actual activity, tax residence and place of effective management.
Is Liberia a sensible base for international payments?
Usually not. Correspondent bank compliance treats the region cautiously, so payments are more often pulled for manual review and delayed. If you need working payment rails rather than a registration flag, pick a jurisdiction with real banking access.
Where do you open an account for a Liberian company?
Usually at a bank in the country where the business runs: a non-resident corporation does not operate in Liberia itself.
How much does a Liberian company cost to maintain?
The registry's annual fee is $650; registration is $600.
Does a Liberian company pay tax?
A non-resident corporation that does no business in Liberia is exempt from Liberian taxes.
Are a Liberian company's owners disclosed?
The details are held by the registered agent and not made public; banks obtain them on request.
Can a Liberian company keep its directors private?
Yes, directors can be named in a private organisation resolution instead of the articles; the agent and banks still know the owners.
What articles can a Liberian corporation have?
General powers, shipping powers or an extended set of powers.
How much is mail forwarding for a Liberian company?
$150 to $300 a year, at the owner's choice.
How much does registering a Liberian corporation cost?
$600 with up to 500 no-par shares or capital up to $50,000; larger capital costs more.
Can a company be moved to Liberia from another country?
Yes, without liquidation and keeping the company's history.
What annual filings does a Liberian company make?
Declarations of shareholding, ultimate owners, management and record-keeping, held by the registered agent.
Who is the agent of a non-resident Liberian company?
By law, the official Liberian registry; annual fees and declarations go through it.
Is a know-your-client questionnaire needed for a Liberian company?
Yes, it is filed with the registration request, with ultimate owner details.

Where can your Liberian company bank?

We find a bank in Liberia or abroad for your Liberian company, including a shipping company, prepare the compliance pack and follow the application through. The catalogue covers every country.

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