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Terms & Conditions

Terms &
Conditions

Introduction

The Liberia Special Economic Zones Authority (LSEZA) is responsible for managing and regulating special economic zones (SEZs) across Liberia to promote investment, industrialization, and economic growth. By accessing and using the services, website, and platforms of the LSEZA, you agree to comply with the following terms and conditions. These Terms govern the relationship between LSEZA and all stakeholders, including investors, tenants, service providers, and the general public.

Rich Natural Resources

Rich Natural Resources

All individuals or entities seeking to operate within a special economic zone under LSEZA jurisdiction must be duly registered in Liberia or as a foreign entity authorized to conduct business in Liberia.

All individuals or entities seeking to operate within a special economic zone under LSEZA jurisdiction must be duly registered in Liberia or as a foreign entity authorized to conduct business in Liberia.

Prospective investors must provide accurate and complete information during registration and adhere to all guidelines established by LSEZA.

Prospective investors must provide accurate and complete information during registration and adhere to all guidelines established by LSEZA.

Land and Facilities Usage

Land and Facilities Usage

The Monrovia Freezone, along with other SEZs, provides land, warehouses, and infrastructure to qualified investors and businesses.

The Monrovia Freezone, along with other SEZs, provides land, warehouses, and infrastructure to qualified investors and businesses.

Warehouse sizes, land space, and proximity to key facilities, such as the Freeport Authority, are allocated based on the business proposal, sector impact, and adherence to the LSEZA’s priority areas.

Warehouse sizes, land space, and proximity to key facilities, such as the Freeport Authority, are allocated based on the business proposal, sector impact, and adherence to the LSEZA’s priority areas.

Unauthorized use of land or facilities within the SEZ is prohibited, and any such activity may result in penalties, cancellation of lease agreements, or legal action.

Unauthorized use of land or facilities within the SEZ is prohibited, and any such activity may result in penalties, cancellation of lease agreements, or legal action.

Investment Focus and Business Operations

Investment Focus and Business Operations

The LSEZA encourages private sector investment in high-impact agricultural value chains, particularly in rubber, cocoa, oil palm, and fisheries. All businesses operating within the zones must align with this focus, especially in agriculture where 100% organic crops with zero genetic modification are prioritized.

The LSEZA encourages private sector investment in high-impact agricultural value chains, particularly in rubber, cocoa, oil palm, and fisheries. All businesses operating within the zones must align with this focus, especially in agriculture where 100% organic crops with zero genetic modification are prioritized.

Businesses in the fisheries sector and other industries must meet the specific requirements outlined by LSEZA and comply with Liberia’s environmental and economic regulations.

Businesses in the fisheries sector and other industries must meet the specific requirements outlined by LSEZA and comply with Liberia’s environmental and economic regulations.

Compliance with Laws and Regulations

Compliance with Laws and Regulations

All entities operating within the SEZ must comply with Liberian laws, including labor laws, tax regulations, and international standards.

All entities operating within the SEZ must comply with Liberian laws, including labor laws, tax regulations, and international standards.

Investors are required to maintain transparency in their operations and submit periodic reports, as stipulated in their agreements with LSEZA.

Investors are required to maintain transparency in their operations and submit periodic reports, as stipulated in their agreements with LSEZA.

LSEZA reserves the right to audit operations within SEZs to ensure compliance with both local and international standards.

LSEZA reserves the right to audit operations within SEZs to ensure compliance with both local and international standards.

Environmental and Sustainability Commitments

Environmental and Sustainability Commitments

Businesses must adhere to environmentally sustainable practices, particularly in agricultural operations, which emphasize organic methods and zero use of genetically modified organisms (GMOs).

Businesses must adhere to environmentally sustainable practices, particularly in agricultural operations, which emphasize organic methods and zero use of genetically modified organisms (GMOs).

LSEZA promotes and supports companies with sustainable business practices in agriculture, manufacturing, and fisheries. Failure to meet sustainability requirements may lead to revocation of operating licenses.

LSEZA promotes and supports companies with sustainable business practices in agriculture, manufacturing, and fisheries. Failure to meet sustainability requirements may lead to revocation of operating licenses.

Rich Natural Resources

Rich Natural Resources

Lease agreements for land, warehouses, and office spaces within SEZs are negotiated on a case-by-case basis. Terms of the agreement, including lease duration, cost, and renewal options, will be detailed in specific contracts.

Lease agreements for land, warehouses, and office spaces within SEZs are negotiated on a case-by-case basis. Terms of the agreement, including lease duration, cost, and renewal options, will be detailed in specific contracts.

Fees and charges related to lease agreements are subject to periodic review and may be adjusted by LSEZA.

Fees and charges related to lease agreements are subject to periodic review and may be adjusted by LSEZA.

Termination and Penalties

Termination and Penalties

LSEZA reserves the right to terminate agreements with investors or companies that breach any terms of the agreement, including non-compliance with regulatory standards, misuse of land or resources, or involvement in illegal activities.

LSEZA reserves the right to terminate agreements with investors or companies that breach any terms of the agreement, including non-compliance with regulatory standards, misuse of land or resources, or involvement in illegal activities.

Violations of environmental, sustainability, or investment commitments may result in immediate suspension or termination of operations within the SEZ

Violations of environmental, sustainability, or investment commitments may result in immediate suspension or termination of operations within the SEZ

Intellectual Property

Intellectual Property

All intellectual property created or developed by businesses within the SEZ, including patents, trademarks, and proprietary technology, must be registered with the relevant authorities in Liberia.

All intellectual property created or developed by businesses within the SEZ, including patents, trademarks, and proprietary technology, must be registered with the relevant authorities in Liberia.

LSEZA respects the intellectual property rights of all businesses and expects companies operating within the zones to protect their own and respect the rights of others.

LSEZA respects the intellectual property rights of all businesses and expects companies operating within the zones to protect their own and respect the rights of others.

Non-payment of fees or breach of lease terms will result in penalties, eviction from the SEZ, or legal recourse.

Non-payment of fees or breach of lease terms will result in penalties, eviction from the SEZ, or legal recourse.

Intellectual Property

Intellectual Property

LSEZA is committed to maintaining the confidentiality of all information submitted by businesses during the registration and operational processes.

LSEZA is committed to maintaining the confidentiality of all information submitted by businesses during the registration and operational processes.

Information shared with LSEZA will not be disclosed to third parties without prior consent unless required by law or to enforce these Terms and Conditions.

Information shared with LSEZA will not be disclosed to third parties without prior consent unless required by law or to enforce these Terms and Conditions.

Dispute Resolution

Dispute Resolution

Any disputes arising between businesses or between a business and LSEZA must first be addressed through mediation or negotiation.

Any disputes arising between businesses or between a business and LSEZA must first be addressed through mediation or negotiation.

If a dispute cannot be resolved through mediation, the matter may be referred to arbitration in accordance with Liberian law or settled in the appropriate Liberian courts.

If a dispute cannot be resolved through mediation, the matter may be referred to arbitration in accordance with Liberian law or settled in the appropriate Liberian courts.

Amendments and Updates

Amendments and Updates

LSEZA reserves the right to amend or update these Terms and Conditions at any time. Any changes will be communicated to all stakeholders via official channels, including the LSEZA website and social media platforms.

LSEZA reserves the right to amend or update these Terms and Conditions at any time. Any changes will be communicated to all stakeholders via official channels, including the LSEZA website and social media platforms.

Continued use of LSEZA services and facilities after any such changes constitutes acceptance of the revised terms.

Continued use of LSEZA services and facilities after any such changes constitutes acceptance of the revised terms.

Governing Law

Governing Law

These Terms and Conditions are governed by the laws of Liberia. Any legal matters arising from the use of LSEZA’s services or operations within SEZs will be subject to the exclusive jurisdiction of the courts of Liberia.

These Terms and Conditions are governed by the laws of Liberia. Any legal matters arising from the use of LSEZA’s services or operations within SEZs will be subject to the exclusive jurisdiction of the courts of Liberia.