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How To Hire New Remote Employees | Liberia

Hire employees in

Liberia

, easily

Whether you're looking for an independent contractor, a remote team member, or a full-time employee in

Liberia

, Workpay can help. Say goodbye to worrying about local laws, complex tax systems or managing international payroll. We take care of it all in over 50 countries.

Book a discovery call
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Country flag

How To Hire New Remote Employees | Liberia

Hire employees in

Liberia

, easily

   Whether you're looking for an independent contractor, a remote team member, or a full-time employee in

Liberia

, Workpay can help. Say goodbye to worrying about local laws, complex tax systems or managing international payroll. We take care of it all in over 50 countries.

Book a discovery call
Hire employees in
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, hassle-free

With Workpay, your business can easily hire employees in

Liberia

.
No more worrying about local laws, complex tax systems or
managing international payroll. Workpay takes care of everything
in 150+ countries.

Book a discovery call
capital city
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currency
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language spoken
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payroll frequency
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employer taxes
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vat - standard rate
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cost of living index
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gdp - real growth rate
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termination process
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employee protections
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Overview

Liberia has a population of 5.25 million and is ranked number 43 in Africa according to the nominal GDP ($ 3.38 billion). The Liberian economy is market-based, and it depends highly on natural resources.

capital city
Monrovia
currency
Liberian Dollar (LBD)
language spoken
English
payroll frequency
Monthly
employer taxes
4.75 %
vat - standard rate
10%
cost of living index
Low ($546)
gdp - real growth rate
Per Capita: $ 583.27
termination process
Difficult
employee protections
Moderate

Public Holidays

DATE
HOLIDAY NAME

DATE

01 Jan

11 Feb

08 Mar

15 Mar

12 April

14 April

14 May

26 Jul

24 Aug

02 Nov

24 Nov

25 Dec

HOLIDAY

New Years Day

Armed Forces Day

Decoration Day

J.J Roberts Birthday

National Redemption Day

Fast and Prayer Day

National Unification Day

Independence Day

Flag Day

National Thanksgiving Day

William Thubman’s Birthday

Christmas Day

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Minimum wage

The minimum wage in Liberia is 15 LD an hour for an eight-hour day. For civil servants, the minimum wage is 5,600 LD.

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Payroll cycle

In Liberia, a remote payroll is when a foreign corporation, i.e. a non-resident company, pays a resident employee. This is true for both domestic and international personnel. One alternative for a non-resident company to pay its employees in Liberia (both local and foreign) is to engage a fully outsourced service such as a GEO or PEO, which will hire and pay the employees on their behalf.

Payroll Administration on a Local Level

In some circumstances, a firm will register in Liberia using one of the various forms, but prefer to have another company handle its payroll. This can be done with the help of a payroll service. It's vital to remember that, as the Employer of Record, the corporation is still entirely responsible for employment, immigration, and tax compliance.

Payroll within the company


Larger enterprises with a strong commitment to Liberia may want to manage their own local payroll for all foreign and local employees. To do so, they'll need to finish the incorporation process, register the company, and hire the essential personnel. Human resources experts with the necessary knowledge to operate a Liberian payroll and meet all tax, withholding tax, and payroll obligations will be required in-country.


This strategy comes at a high price and necessitates some familiarity with local labor and payroll laws. To achieve full compliance with Liberian employment rules, the company will need a local accounting firm and possibly legal assistance.

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Taxation

Employees in Liberia pay income taxes based on their income bands as follows;

Personal Income Rate

Taxable Base
Income LRD Tax Rate
0-70,000 0%
70,001- 200,000 5%
200,001- 800,000 6500 LRD + 15%
Above 800,000 96,500 LRD + 25%

Additionally, employees contribute 4.75% of the gross monthly salary to social security, while the employee contributes 3%.

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Leaves

Parental Leave

Women employees in Liberia are granted three months of maternity leave. There is, however, no provision for paternity leave.

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Termination process

In the course of termination, severance is not a requirement in Liberia

Notice

In Liberia, the expected duration for notice is usually two weeks to four weeks, depending on the employment agreement. 

Streamline the growth of remote and
international teams

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Businesses using Workpay
30+
Country presence
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Employee payroll run
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Heading

Hire employees in

Liberia

, hassle-free

With Workpay, your business can easily hire employees in

Liberia

. No more worrying about local laws, complex tax systems or managing international payroll. Workpay takes care of everything in 50+ countries.

Book a discovery call
country featured image
capital city
Monrovia
currency
Liberian Dollar (LBD)
language spoken
English
payroll frequency
Monthly
employer taxes
4.75 %
vat - standard rate
10%
cost of living index
Low ($546)
gdp - real growth rate
Per Capita: $ 583.27
termination process
Difficult
employee protections
Moderate

Overview

Liberia has a population of 5.25 million and is ranked number 43 in Africa according to the nominal GDP ($ 3.38 billion). The Liberian economy is market-based, and it depends highly on natural resources.

Public Holidays

DATE

01 Jan

11 Feb

08 Mar

15 Mar

12 April

14 April

14 May

26 Jul

24 Aug

02 Nov

24 Nov

25 Dec

HOLIDAY

New Years Day

Armed Forces Day

Decoration Day

J.J Roberts Birthday

National Redemption Day

Fast and Prayer Day

National Unification Day

Independence Day

Flag Day

National Thanksgiving Day

William Thubman’s Birthday

Christmas Day

Minimum wage

The minimum wage in Liberia is 15 LD an hour for an eight-hour day. For civil servants, the minimum wage is 5,600 LD.

Payroll cycle

In Liberia, a remote payroll is when a foreign corporation, i.e. a non-resident company, pays a resident employee. This is true for both domestic and international personnel. One alternative for a non-resident company to pay its employees in Liberia (both local and foreign) is to engage a fully outsourced service such as a GEO or PEO, which will hire and pay the employees on their behalf.

Payroll Administration on a Local Level

In some circumstances, a firm will register in Liberia using one of the various forms, but prefer to have another company handle its payroll. This can be done with the help of a payroll service. It's vital to remember that, as the Employer of Record, the corporation is still entirely responsible for employment, immigration, and tax compliance.

Payroll within the company


Larger enterprises with a strong commitment to Liberia may want to manage their own local payroll for all foreign and local employees. To do so, they'll need to finish the incorporation process, register the company, and hire the essential personnel. Human resources experts with the necessary knowledge to operate a Liberian payroll and meet all tax, withholding tax, and payroll obligations will be required in-country.


This strategy comes at a high price and necessitates some familiarity with local labor and payroll laws. To achieve full compliance with Liberian employment rules, the company will need a local accounting firm and possibly legal assistance.

Taxation

Employees in Liberia pay income taxes based on their income bands as follows;

Personal Income Rate

Taxable Base
Income LRD Tax Rate
0-70,000 0%
70,001- 200,000 5%
200,001- 800,000 6500 LRD + 15%
Above 800,000 96,500 LRD + 25%

Additionally, employees contribute 4.75% of the gross monthly salary to social security, while the employee contributes 3%.

Leaves

Parental Leave

Women employees in Liberia are granted three months of maternity leave. There is, however, no provision for paternity leave.

Termination process

In the course of termination, severance is not a requirement in Liberia

Notice

In Liberia, the expected duration for notice is usually two weeks to four weeks, depending on the employment agreement. 

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