08/04/2026
IMPORTANT TAX UPDATE – GST ADJUSTMENT!!!!!!
At HLB Liberia LLC Advisory and Accounting, we remain committed to keep our valued clients and to informed and in compliant with all tax regulations in Liberia.
The Liberia Revenue Authority (LRA) has officially announced an adjustment to the Goods and Services Tax (GST) rates, effective May 1, 2026.
What You Need to Know:
• GST on Goods: Increased from 12% → 13%
• GST on Services: Increased from 12% → 13%
• Effective Date: May 1, 2026
• Telecommunications Services: Remain at 15%
• Export of Goods: Remains at 0%
⚠️ Action Required:
All businesses are required to:
• Update their billing systems
• Adjust pricing structures
• Ensure compliance with the new 13% GST rate by the effective date
Failure to comply may result in penalties as outlined by the LRA.