It is reported that numerous government procurement deals occur outside the formal tendering process, despite regulations are in place to prevent conflicts of interest in public procurement. Furthermore, despite legal provisions stating that private enterprises engaging in corrupt practices to obtain permits, licenses, or authorisations are barred from government procurement, multiple reports highlight instances of corruption within the public procurement sector that have adversely affected foreign companies. Additionally, contractors involved in government infrastructure projects have expressed dissatisfaction due to delayed payments, which have disrupted their operations.

The "Act amending the general business law, Title 14 of the Liberian Code of Laws Revised, by adding to it Chapter 13 to facilitate the use of electronic transactions for commercial and other purposes, and to provide for matters arising from and related to such use, approved January 8, 2002" provides a comprehensive consumer protection framework that applies to online transactions.

Liberia has not signed the United Nations (UN) Convention on the Use of Electronic Communications in International Contracts.

Liberia has adopted national legislation based on or influenced by the United Nations Commission on International Trade Law (UNCITRAL) Model Law on Electronic Commerce.

Liberia has not adopted national legislation based on or influenced by the United Nations Commission on International Trade Law (UNCITRAL) Model Law on Electronic Signatures.

The Investment Act of 2010 (Schedule: Limited Restrictions to Foreign Ownership of Enterprises (2)) requires a joint venture or partnership between a Liberian and a non-Liberian to invest in advertising, graphics and commercial artists with the conditions that the total shareholding of the Liberian is at least 25% and the total capital invested is not less than USD 300,000. Alternatively, foreign investments are allowed without restrictions only if the total investment capital is not less than USD 500,000.

The Telecommunications Act (Part XI Section 61) allows Supplier Declaration of Conformity for foreign businesses importing telecommunications equipment in Liberia. It also allows the Mutual Recognition of Certification or test reports from countries that enter into a Mutual Recognition Agreement with Liberia. Furthermore, it also allows third-party test certificates.

Section 1640 of the Liberian Modernized Customs Code Act prescribes that custom duties up to 100 USD should not be levied. Therefore, the country imposes a de minimis threshold (that is the minimum value of goods below which customs do not charge duties) of 100 USD, below the 200 USD threshold recommended by the International Chamber of Commerce (ICC).

The Liberian National Policy on Domain names (UGDn-RL/MPT-FBN/ZT/ddw/2015/005) requires that the use of Liberia Internet Country Code Top-level domain (".lr") shall only be given to entities with local presence and intent in Liberia.

A basic legal framework on intermediary liability for copyright infringement is absent in Liberia's law and jurisprudence.

A basic legal framework on intermediary liability beyond copyright infringement is absent in Liberia's law and jurisprudence.

The Liberia Telecommunications Authority Regulations make it mandatory for all active SIM/RIUM card users to register their cards with their telecommunications service providers using their National Identification Cards issued by the National Identification Registry. Pursuant to Art. 4 of LTA Order 0018-03-12-2020 implementing the SIM Card Registration Regulations, all telecommunications service providers shall, as of January 1, 2021, initiate and enforce the registration of all new subscribers in accordance with the amended SIM Card Registration Regulations.

Liberia has no rules applicable to the protection of trade secrets.

It is reported that there is no obligation for passive infrastructure sharing in Liberia to deliver telecom services to end users. However, it is practised in both the mobile and fixed sectors based on commercial agreements.

Libtelco is the oldest telecom operator in Liberia, and it is 100% state-owned.