 Ownership reserved for Liberian citizens
Category 1. According to the Investment Act of 2010, ownership of the following business activities are reserved exclusively for Liberians:
- Supply of sand
- Block making
- Peddling
- Travel Agencies
- Retail sale of rice and cement
- Ice making and sale of ice
- Tire repair shops
- Auto repair shops with investments of less than $US50,000
- Shoe repair shops
- Retail sale of timber and planks
- Operation of gas stations
- Video clubs
- Operation of taxis
- Importation or sale of second-hand or used clothing
- Distribution in Liberia of locally manufactured products
- Importation and sale of used cars (except authorized dealerships which
- may deal in certified used vehicles of their make)
Category 2. According to the Investment Act of 2010, foreign investors may invest in the following business activities provided that the investment is more than US$500,000. Where the enterprise is owned by non-Liberians in partnership with Liberians, and the aggregate shareholding of the Liberians is at least 25%, the total capital invested must be more than US$300,000.
- Production and supply of stone and granite
- Ice cream manufacturing
- Commercial printing
- Advertising agencies, graphics and commercial artists
- Cinemas
- Production of poultry and poultry products
- Operation of water purification or bottling plant (excludes the production
- and sale of water in sachets)
- Entertainment centers not connected with a hotel establishment
- Sale of animal and poultry feed
- Operation of heavy duty trucks
- Bakeries
- Sale of pharmaceuticals
Laws and Regulation
The Investment Act is available here.
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