- Liberia will replace its current GST with a multi-stage VAT system starting January 1, 2027.
- Businesses can register for VAT beginning July 2026.
- VAT will be levied on most goods and services at every stage of production and distribution, aiming for greater transparency and efficiency.
- The legal basis for VAT comes from amendments to the Liberia Revenue Code.
- The GST rate will increase from 12% to 13% in 2026 as a transition, with VAT set at 18% from 2027.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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