Liberia

Liberia

Lifts moratorium on investment incentives

05 Jun 2024

On 5 June 2024, the Government of Liberia lifted a moratorium on the incentive regime, granting tax incentives to several sectors, including: tourism, manufacturing, energy, hospitals and medical clinics, housing (low and medium income), transport infrastructure, information technology, banking in non-banking areas, poultry, horticulture, exportation of sea products, agriculture (food crop cultivation and processing, including cocoa and coffee), small and medium-scale rubber and oil palm cultivation and processing.

To qualify for these incentives, investments must meet certain capital requirements, including a minimum investment of $500,000. For establishing a hospital or health clinic, the minimum capital requirement is $50,000.

The incentives provided include duty exemptions on the importation of machinery, equipment, and capital spare parts, as well as tax holidays and preferential tariffs for electricity when available.

Nature of measure:
  • Incentives
Type:
  • Promotion and facilitation (Investment incentives)
Industry:
  • Not industry specific
Inward FDI:
No
Outward FDI:
No
Sources: