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Special Tax Incentives
Under the Economic Stimulus Taxation Act of 2009, as the amended Revenue Code of 2000 is otherwise referred to, there are attractive reduced rates specifically intended to direct more investments towards Liberia’s rural areas.

According to the newly amended act, an investment activity, qualifying under Section 16-2, calls for special tax incentives for a period of five years from the commencement of investment as stated in the Finance Minister’s certification.

Categorizing the under-developed counties and those located further from the Capital as an economically- deprived zone, the Economic Stimulus Taxation Act of 2009 places a high tax reduction for would-be investments in these counties. For example there is a 12.5 percent tax reduction for Liberia’s Southeastern bounties of River Gee, Gbarpolu, Grand Kru and Rivercess, while there is a 7.5 percent tax reduction for investments in Maryland, Grand Gedeh, Sinoe, Bong, Nimba and Lofa Counties. Finally, with the exception of areas in the Capital region, otherwise referred to as the Greater Monrovia area, there is a 5 percent reduction for Bomi, Margibi, Grand Bassa, Grand Cape Mount and Montserrado Counties.

There are incentives for the manufacturing, energy, tourism, health services, real estate, transport and technology sectors.

 
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