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Closing Down

There comes a time when business ventures must come to an end. Whether you want to sell, liquidate or declare bankruptcy, Liberia strives to provide a clear framework where you can find all information you need to close down your business. The transparent and reliable framework promotes confidence with investors and decrease the cost of obtaining capital. This is essential in an open and competitive market economy. According to the World Bank's Doing Business index 2018, Liberia performs well above the regional average in Sub-Saharan Africa when it comes to resolving insolvency and only slightly behind economies such as Kenya (see here).

 

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