Liberia is open for business and we are creating the right environment that makes it seamless for investors to get a head-start. Demonstation Alert: U.S. Embassy Monrovia, Travel Advisory: Liberia – Level 3: Reconsider Travel, Study Shows Health of Ebola Survivors in Liberia Has Improved: One-year results from PREVAIL 3 published in the New England Journal of Medicine, Liberia Expands Large-Scale Ebola Vaccine Study, Security Message for U.S. Citizens: Confirmed Cases of Ebola Virus Disease, Security Messages for U.S. Citizens: Confirmed Case of Ebola Virus Disease in Liberia, Message from Chargé d’Affaires Alyson Grunder, A Message from Chargé d’Affaires Alyson Grunder. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. Add us to your mailing lists – we are always happy to stay informed. Trying to cut corners and be cheap is expensive. While we do not endorse or vouch for the services of any particular company, the economic and commercial section may be able to provide a short list of potential contacts for you to begin your research. Liberia … Monrovia, a City for your Business. Note: Online … Log in, « 4 Self-Care Rituals You Can Work Into Your Busy Day, 10 Ways To Improve How You Care For Yourself ». Figure – Starting a Business in Liberia – Procedure, Time and Cost * This symbol is shown beside procedure numbers that take place simultaneously with the previous procedure. http://www.doingbusiness.org/data/exploreeconomies/liberia/starting-a-business, www.sba.gov/content/small-business-development-centers-sbdcs, http://www.liberianembassyus.org/index.php?page=consular, https://travel.state.gov/content/passports/en/alertswarnings.html, Swiss Companies, U.S. Jobs, Global Response, Country Commercial Guides (read latest “Doing Business In” guides). Foreign entrepreneurs may also opt to set up a limited liability company, a private foundation, a foreign maritime entity or a branch office. Franchising is not a popular business model in Liberia partly because the concept is unfamiliar in the country’s business culture, and it is difficult for local entrepreneurs to secure start-up capital. When naming a corporation, any standard corporate … Small Business Development Centers (SBDCs) are partnerships primarily between the government and colleges/universities administered by the Small Business Administration and aims at giving educational services for small business owners and aspiring entrepreneurs. Be good to your customers and they will, in turn, be good to you. Your email address will not be published. Part 2. Time: 1 day. More information on the FCPA can be found here:  http://www.fcpa.us/. Most importantly, follow local, regional and international laws. Graffiti Removal Specialist. Export Assistance Center for advice and support on exporting to Liberia. Profitable Businesses In Liberia You Can Start With Little Capital 1. If you are considering investment in Liberia, here are some steps you may wish to consider as you get started: If you are a current U.S. investor in Liberia, the U.S Embassy wants to stay in touch. Names may be in any language providing Roman characters are used. Access the U.S. Commercial Service Market Research Library containing more than 100,000 industry and country-specific market reports, authored by our specialists working in overseas posts. Embassy:  Phone: (+231) 77-677-7000 If you wish to reap the rewards surely, but... 2. Alerts and Messages for U.S. visitors to Liberia. In this video, Prince Michael show you How to start business with no money in Liberia and other african countries. A franchise provides you with a proven business format to follow. In this section, you’ll find a quick description of Liberia as an export market and some suggestions for getting started. U.S. Citizens with emergencies, please call +231 (0) 77-677-7000 (24 HOURS SERVICE), Outside of Office Hours, contact: 077 677-7000. With the consolidation of peace in the country, Monrovia is a place of many business opportunities not only for … We are not aware of any existing matchmaking services in Liberia, there are business advisory and investment consultancy services available. To start a business in Liberia, one has to complete five bureaucratic procedures that take a total of 20 days at a total cost of only $86, with no minimum capital required by the government for the start-up. You will find at least … Palm oil is one of the most widely used oil products. The FCPA prohibits promising, offering, giving or authorizing giving anything of value to a foreign government official where the purpose is to obtain or retain business. While there are talented individuals available to hire, many lack the expertise and experience required to help build, sustain and operate a business … In this video I give you 10 business ideas you can start now. It is used in food products as … Indiana law requires that the name of a Corporation, L.L.C., L.P., and an L.L.P. He started his first business venture as a street vendor with capital of just $200, but two decades later Fomba Trawally has become one of Liberia’s most prominent entrepreneurs. No matter which way you decide to go, remember this lesson from my mother. The Foreign Corrupt Practices Act (FCPA) is an important anti-corruption tool designed to discourage corrupt business practices in favor of free and fair markets. E-mail: Monrovia-commerce@state.gov. Office … Cost: Varies, approximately USD 900 for a foreign corporation. There are several ways of doing business in Liberia, the most common being the setting up of a corporation. It’s not a bad thing to learn from our Lebanese brothers and sister who do so well in the Liberian market – give a free gift to your loyal customers every now and then. Visit the export.gov page on Liberia (www.export.gov/Liberia/) to get an overview of economic conditions and opportunities. Here are a few steps you can take to keep the channels of communication open: In this section you will find information on business visas, travel advisories, and anti-corruption tools. Set up a meeting with our economic or commercial team to discuss any issues that arise. The … Visit host country resources, such as National Investment Commission at, Contact local business support organizations, such as the Liberian Chamber of Commerce at, You can register all types of businesses ranging from sole proprietorship to corporation at a one- stop-shop in the Liberia Business Registry, (. Step 2: Register at the Liberia Business Registry. Contact the U.S. Embassy – If you are planning a visit to consider investment, let us know by sending an email to the contact addresses on this page. If looking to export food, contact the local food safety lab and Chamber of Commerce for help. Looking to sell in the region? Pickles. Within 30 days of receiving a description of a proposed course of conduct in writing, the Attorney General will provide the party with a written opinion on whether the proposed conduct would violate the FCPA. Register your business. Step 3: Receive the Business Registration Certificate. Let’s begin to shift our mindsets and think wealth and business building. Next, the applicant is required to submits the company registration application to the Liberia Business Registry … U.S. Embassy in Monrovia Marks July 4th with Face-Mask Donations! Contact a Trade Specialist Near You (http://export.gov/eac/index.asp). Many elements of the plan are standard … Monrovia, capital city of Liberia, is gaining its past glory. Liberia presents huge opportunities in the agriculture and food industry sector, mainly in the production of rice, cassava, oil palm, vegetables and fruits, etc… Agency: Liberian Business Registry… Getting Started Exporting to Liberia. The names of the directors and officers are kept private and not part of any public record. Contact the U.S. Embassy – If you are planning a … You cannot open a business without studying the market. For travel to the United States on a temporary basis, including tourism, temporary employment, study and exchange. Equally so, you can learn from the marketeers you oblige us when we ask for “dash.” Let your customers know that you appreciate them. Oscar Williams & The Band of Life “Rock Liberia” in Celebration of Black History Month! U.S. companies, or potential investors interested in doing business in Liberia should consider hiring an agent, attorney or distributor to develop and foster local partnerships. Everything from your business name to its structure to its operation has legal implications. … Ensure that your products meet the international food safety guidelines for the country are selling in. Contact in-country business support organizations such as the Liberia Chamber of Commerce: http://www.lcclr.org/. In Liberia the best business to start these days are to invest in a good franchise. Potential investors may wish to refer to the websites for Liberia’s National Investment Commission (https://www.investliberia.gov.lr/) the Ministry of Commerce and Industry (www.moci.gov.lr) and the Liberia Business Registry (http://www.doingbusiness.org/data/exploreeconomies/liberia/starting-a-business) for more detailed information and guidance. Do not be afraid to ask questions. Learn more about quality higher-education opportunities in the U.S. that you will not find anywhere else in the world. Starting a Business considers two types of local limited liability companies that are identical in all aspects, except that one company is owned by 5 married women and the other by 5 married men. Not only do opinions provide the requesting party with a rebuttable presumption that the conduct does not violate the FCPA, but DOJ publishes past opinions which can provide guidance for other companies facing similar situations. Agency: Liberia Business Registry. Once the application has been approved, a business registration certificate will be issued. Joint Statement on the December 8 Mid-Term Elections in Liberia, Joint Statement on Election Violence in Liberia. Pickles are a traditional food item in India and are extremely popular. Office Supply: is distinguishable from the name of any other business … Happy customers = repeat customers = profits. A party to a transaction seeking to know whether a proposed course of conduct would violate the FCPA can take advantage of the opinion procedure established by the statue. The Board of Governors of the Central Bank of Liberia approved the implementation plan for the establishment of Rural Community Finance Institutions (RCFIs) in all of the political subdivisions of Liberia… What follows is a sampling of some of the legal concerns you may want to address with your attorney before you start your business. Roadside Fast Food Corner: The Visa Waiver Program (VWP) allows citizens of participating countries* to travel to the United States without a visa for stays of 90 days or less, when they meet all requirements. Embassy:  Fax: (231) 77-677-7370 This could be a natural person or a corporation. Smile even when you don’t feel like it. It would be imprudent to attempt to enter the market without doing thorough market research on Liberia to become familiar with the business environment, as well as the legal and regulatory framework. The statute also requires companies publicly traded in the U.S. to keep accurate books and records and implement appropriate internal controls. No matter what type of business you open, do the right things, the right ways. Selecting a business name is one of the first steps of starting a business. ECOWAS Trade Liberalisation Scheme (ETLS). Step by Step Guide to Incorporating in Liberia Select Your Company Name. Needless to say, these are very benign conditions for outsiders seeking to start a business in Liberia… The Liberian Corporation… To incorporate in Liberia, at least one director must be appointed. The entity from which you purchase the franchise, known as … Contact the ECOWAS, various chambers of commerce and local business organizations/associations for help. The next hurdle to scale after mapping out your business plan is to get your … Contact your local U.S. The restaurant business in Liberia and many other places around the world is one of the most lucrative ventures to start up. This is the official website of the U.S. Embassy in Liberia. This is an old tried and tested business. Contact your local Small Business Development Center (SBDCs at www.sba.gov/content/small-business-development-centers-sbdcs). Best Business Ideas in Liberia Agriculture and Food Processing. Contact the U.S. Embassy – If you are active in Liberia, let us know by sending an email to the contact addresses on this page. U.S. companies are encouraged to … This is largely a result of the insatiable worldwide demand for food, which doesn’t just make it a highly profitable business for building entrepreneurs, but also one of the best recession proof business … Starting a business can be a challenge, but there is help for you in your area. For foreign citizens who want to live permanently in the United States. You will need to make sure that the business name you plan to use is not already being used by another business. The best investments these days are to own a franchise of a good company, they are best because most franchisors help franchisees develop a business plan. These prohibitions apply to U.S. persons, both individuals and companies, and companies that are listed on U.S. exchanges. Like many in his country, Trawally fled Liberia … This is a particularly niche business, but it’s one with low startup costs … Liberia Business Law allows the use of agents, partners or distributors to register a business, represent a business, sell goods and services and open branch offices. Find the closest American Space in Liberia where you can connect with the U.S. U.S. embassies are committed to supporting U.S. companies to start exporting or grow their exports to Liberia. For information on obtaining a visa to visit Liberia, visit the website of the Embassy of Liberia in Washington, DC at http://www.liberianembassyus.org/index.php?page=consular, Make sure to check the State Department’s website for any current travel advisories for Liberia at https://travel.state.gov/content/passports/en/alertswarnings.html. However, in a country like Liberia, where education levels are low, this can prove far more challenging. Palm Oil Supplier. Investing in Liberia. Trying to cut corners and be cheap is expensive both individuals and companies starting a business in liberia are listed on U.S. exchanges Corporation…! Some of the U.S. Embassy in Liberia, is gaining its past glory implement. No money in Liberia and local business organizations/associations for help cheap is expensive distinguishable the. Life “ Rock Liberia ” in Celebration of Black History Month you plan to use is not already used! 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