LIBERIA

Status	Independent Republic
Area, sq.km:	96 320
Population:	3 226 000 (2001 July)
Capital:	Monrovia
Business language:	English
Currency:	Liberian Dollar (LRD)
Location:	West Africa, between Cote d'Ivorie and Sierra Leone
Time zone:	GMT - 1

INCORPORATION DATASHEET
Advantages:	Liberal and flexible corporate laws, High confidentiality
Disadvantages:	Well-known as an offshore jurisdiction
Company status:	Non-Resident Corporation
Corporate legislation source:	Liberian Business Corporation Act, 1976
Company name:	All Names must end with: Limited, Ltd., Corporation, Corp., Incorporated, Inc., S.A.
Time required for incorporation:	3-4 weeks
Minimum number of directors:	1
Usual minimum capital:	-
Are accounts required::	No
Minimum number of shareholders:	1
Type of shares:	Bearer or Registered
Annual tax and duties:	150 USD
What information is available on the public file:	Company name, incorporation date and number, address of registered agent, Articles of Association
Non-public information:	Directors and shareholders
Registered office:	Local registered office is required by law.
Registered secretary / agent:	Local registered agent is required by law.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee:	390 USD
Notarial certification:	100 USD
International authentication (Apostille):	100 USD
Legal expenses, filing fees and stamp duties:	200 USD
Issuing of share certificates and initial minutes and forms:	100 USD
Corporate seal:	50 USD
Courier fees:	50 USD
Subtotal:	990 USD
ANNUAL FEES*
Registered office and registered agent:	990 USD
Annual tax and duties:	150 USD
Subtotal:	1140 USD
Total:	2130 USD

* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1140 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2130 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person):	690 USD
Nominee Director (corporate body):	495 USD
Nominee shareholder:	295 USD
Power of Attorney:	390 USD
Notarial Certification:	95 USD
Certificate of Good Standing:	195 USD