Africa · Tax guide
Liberia
Liberia taxes company profits at 25% and charges goods and services tax (GST) at 10%, with a move to VAT under way. The US dollar circulates alongside the Liberian dollar, and taxes are administered by the Liberia Revenue Authority (LRA).
At a glance
- Corporate income tax
- 25%
- GST
- 10%
- Withholding on payments abroad
- 15%
Minimum tax on turnover
Moving to VAT
Before treaty relief
Corporate income tax
Companies pay 25% on profits, subject to a minimum tax on turnover. Quarterly instalments are paid and the annual return is due by 31 March. Small businesses pay presumptive or turnover tax.
GST and VAT
GST is 10%, with higher rates on some telecoms and hospitality services. Liberia is replacing GST with VAT; check the LRA for the current status. Returns are filed monthly.
Payments abroad
Payments to non-residents carry 15% withholding.
Key dates
- MonthlyGST return
- QuarterlyIncome tax instalments
- 31 MarchAnnual income tax return
Figures and sources
3 figures- Corporate income tax rate25%Under professional review
- GST rate10%Under professional review
- Withholding on payments to non-residents15%Under professional review
Indicative only. This assessment is a high-level overview of tax obligations in Liberia based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a qualified tax adviser in Liberia (a Liberian tax adviser) before making compliance decisions.