Fees and timelines in 2022
Fees
Liberia LLC setup costs in Year 1 will amount to US$3,750 and annual company costs in Year 2 and thereafter will amount to US$1,050. The average fees per engagement amounts to US$11,280 including i) Liberia company incorporation ii) corporate bank account setup iii) legal registered office and iv) all Government registration fees.
Timelines
The average Liberia company registration period is 9 weeks as outlined below:
Service
LLC
Corporation
Private Foundation
FME
Branch Office
Engagement planning
1 week
2 weeks
3 weeks
3 weeks
4 weeks
Company incorporation period
1 week
8 weeks
10 weeks
10 weeks
10 weeks
Corporate bank account approval
4 weeks
4 weeks
5 weeks
5 weeks
6 weeks
Corporate Internet banking approval
2 weeks
2 weeks
2 weeks
2 weeks
2 weeks
Engagement completion
1 week
1 week
1 week
1 week
1 week
Total engagement period
9 weeks
17 weeks
21 weeks
21 weeks
23 weeks
Preparing a detailed project plan;
Our Client confirms the corporate structure;
Collecting due diligence from our Client.
Our Client signs the corporate bank account opening forms;
Bejarano ADF Consultants prepares a business plan;
Bejarano ADF Consultants visits the bank for interview;
The Bank Legal and Compliance Department review and approve the banking application;
The Bank Front Office email corporate bank account numbers to our client.
The Bank Operations Department mails the internet username and passwords to our Client;
Some of our Clients’ request Bejarano ADF Consultants to activate the internet banking on their behalf.
Bejarano ADF Consultants confirms all Client due diligence is received;
Bejarano ADF Consultants couriers to our Client the complete original company and bank account documents;
Our Client completes our web page feedback survey;