Setting up a business in Liberland is not only an easy and quick procedure, but it is also very cheap. Perhaps that is why this young micro-nation has attracted hundreds of entrepreneurs and investors to use its digital platform to register and manage their businesses from anywhere in the world.

To register a business in Liberland, you must first obtain the E-Residency that allows you to access Liberland's e-government platform’s full functionality. Once you have your E-Residency, it is as simple as downloading a form, filling it out, and sending it back to the Company Register of Liberland.

Currently, the only type of structure you can establish in Liberland is the Limited Liability Company. Still, Liberland authorities have indicated that Liberlanders will have more options to establish corporate structures that best suit their needs shortly.

Why open a company in Liberland?

The advantages of having an LLC in Liberland are quite attractive because, to the common advantages we can find in other jurisdictions, we have to add some interesting benefits such as:

• The possibility of managing the LLC from anywhere in the world with internet access. You can even issue shares from the Liberland e-government platform with your E-Residency.

• You are not subject to any mandatory taxes under any circumstances in Liberland.

• Incorporation times are incredibly fast because of the way Liberland e-Government works.

• When you open a business in Liberland, you automatically enter a network of entrepreneurs that enhances the possibilities of doing profitable and innovative business.

• And, of course, companies in Liberland are entirely tax-free.

Liberland currently is not recognised by the United Nations or many countries so purchase of corporate products and residency is purely at clients own risk

How to register an LLC in Liberland

Registering a company in Liberland couldn't be easier. Basically, you just have to go to Register’s official website and download the registration form. After that, all you have to do is fill out the form, add the required documents and send the application and wait for the prompt response from the Company Register of Liberland. In just three steps, you can have a company in Liberland and enjoy the advantages that this ambitious micro-nation offers.

Requirements

The requirements to register an LLC in Liberland are not very demanding; this is what the Company Register of Liberland is going to require from you:

-Three options for your company name;

-Description of the business;

-Specify the structure of the shares. Here are two options:

       -Standard (1000 dollars divided into 1000 shares of 1 dollar each),

       -Customized,

• Contact information:

       -Name

       -Surname

       -Date of birth

       -Nationality

       -Passport number

       -Phone number

       -Email address

       -Physical Address

• Indicate if the contact person is:

       -E-Resident of Liberland

       -Shareholder (indicate number of shares)

       -Director of the company

       -Company name

       -Beneficial owner

       -Politically exposed person

       -Appears on international sanctions lists

In addition to those requirements, the Company Register of Liberland will require you to add the following:

• Attach a scanned copy of ID documents of all the persons detailed.

• Attach signed Sanctions Declaration Appendix by all persons separately.

• Attach the payment receipt or screenshot of the registration payment.

Easy as pie, honestly. Only with that can you open a company in Liberland. Now let's look at the fees:

The payment of the registration fee must be made online before your application is processed. These are the fees required by the Company Register of Liberland:

• Registration fee if the company owner is a citizen of Liberland is USD 10, or equivalent in bitcoin.

• Registration fee if the company owner is an e-resident of Liberland is USD 100, or equivalent in bitcoin. 

• The registration fee if the company owner is not an e-resident of Liberland is USD 500, or equivalent in bitcoin.

As we said, the process is not only simple but also cheap. Opening a company in Liberland is within reach of anyone, and the potential for developing your business in this jurisdiction is quite promising.

Liberland currently is not recognised by the United Nations or many countries so purchase of corporate products and residency is purely at clients own risk