Liberian Companies - Accounts

Accounts

Liberian companies shall keep correct and complete books and records or account and shall keep minutes of all meetings of shareholders, of actions taken on consent by shareholders, of all meetings of the board of directors, of actions taken on consent by directors and of meetings of the executive committee, if any. There is no requirement to file this information in the Public Register; instead, the Corporation is responsible for the safekeeping of its records. There is no requirement to have audited accounts for a Liberian Corporation. Any decision to audit the accounts is one for the shareholders to take.

Read more about this topic:  Liberian Companies

Famous quotes containing the word accounts:

    The mystical nature of American consumption accounts for its joylessness. We spend a great deal of time in stores, but if we don’t seem to take much pleasure in our buying, it’s because we’re engaged in the acts of sacrifice and self-definition. Abashed in the presence of expensive merchandise, we recognize ourselves ... as supplicants admitted to a shrine.
    Lewis H. Lapham (b. 1935)

    But, on more accounts than one, I had had enough of moose-hunting. I had not come to the woods for this purpose, nor had I foreseen it, though I had been willing to learn how the Indian manvred; but one moose killed was as good, if not as bad, as a dozen.
    Henry David Thoreau (1817–1862)

    We must love one another, yes, yes, that’s all true enough, but nothing says we have to like each other. It may be the very recognition of all men as our brothers that accounts for the sibling rivalry, and even enmity, we have toward so many of them.
    Peter De Vries (b. 1910)