GSL / Offshore and International Law / Offshore zones / Western Europe / Liechtenstein / Legislation of Liechtenstein

Legislation of Liechtenstein

Service packages «Liechtenstein-Anstalt» Service packages «Liechtenstein-AG» Legislation Tax System

Tax treaties entered

Andorra
Austria
Czech Republic
Georgia
Germany
Guernsey
Hong Kong
Hungary
Iceland
Jersey
Lithuania
Luxembourg
Malta
Monaco
San Marino
Singapore
Switzerland
the United Arab Emirates
the United Kingdom (UK)
and Uruguay

Tax Exchange Information Agreement (TEIA)

Andorra
Antigua and Barbuda
Australia
Belgium
Canada
China
Denmark
Faeroe Islands
Finland
France
Germany
Greenland
Iceland
India
Ireland
Italy
Japan
Mexico
Monaco
Netherlands
Norway
St. Kitts and Nevis
St. Vincent and the Grenadines
South Africa
Sweden
the United Kingdom
and the United States

List of state regulatory authorities

Liechtenstein Government
Liechtenstein's National Administration
Liechtenstein Financial Market Authority
Liechtenstein Tourism Board
Liechtenstein Legal Gazette
Office of Justice – National Administration of Liechtenstein
Tax Authority – National Administration of Liechtenstein
Liechtenstein's Chamber of Commerce and Industry
Liechtenstein Chamber of Lawyers
Liechtenstein Investment Fund Association
Liechtenstein Bankers Association

Corporate info

Legal system
Civil law
Types of entity
Individual entrepreneur; General partnership (Kollektivgesellschaft); Limited Partnership (Kommanditgesellschaft); Private company with limited liability (Gesellschaft mit beschränkter Haftung, GmbH); Joint-stock company (Aktiengesellschaft, AG); Anstalt (Anstalt); Cooperative (Genossenschaft); Joint venture (Einfache Gesellschaft); Branch; Trust company (registriertes Treuunternehmen/Trust reg.); Trust (Treuhänderschaft); Foundation (Stiftung)
Shelf companies permitted
Yes
Incorporation timescale for a new company
1 week
Company suffix
Aktiengesellschaft (AG) or foreign language equivalent, e.g. S.A.
Sensitive words
National and international place names; Liechtenstein, State, Country, Municipality, Principality; and Bank, Building Society, Savings, Insurance, Assurance, Reinsurance, Fund Management, Investment Fund, Red Cross
Cyrillic alphabet permitted in company name
No
Local registered office
Yes
Local registered agent
Yes
Information to be kept at the registered office
Data on directors, officers and shareholders; annual report (for medium and large companies)
Seal required, type of seal
No seal required
Redomiciliation (to, from) permitted
Permitted

Director and secretary

Minimum number of directors
1
Residency requirements for directors
Yes
Corporate directors permitted
Yes
Directors’ meetings/frequency/location
No restrictions
Disclosure to local agent
Yes
Disclosure to public
Yes
Company secretary required
No
Residency requirements for a secretary
No
Qualified secretary required
No
Corporate secretary permitted
No

Shareholder and beneficiary

Minimum number of shareholders
2 founders, 1 shareholder
Residency requirements for shareholders
No
Corporate shareholder permitted
Yes
Meetings/frequency/location
Yes / annually / no restrictions
Disclosure to local agent
Yes
Disclosure to public
No
Beneficiary info disclosure to
No

Shares and share capital

Minimum authorized share capital
50 000
Minimum issued share capital
50 000
Minimum paid share capital
50 000
Authorized capital payment deadlines
Before registration
Issued capital payment deadlines
Before registration
Standard currency
CHF
Standard authorized share capital
50 000
Standard par value of shares
100
Shares with no par value permitted
Yes
Bearer shares permitted
Yes

Taxes

Personal tax
0-22,4%
Min. rate for corporate tax
12,5%
Corporate tax (in detail)
Companies pay income tax at the rate of 12.5%. There is a minimum tax of CHF 1,800, which can be set off against income tax
Capital gains tax
Normal rate
Capital gains tax. Details
Capital gains are included in taxable income, except for capital gains arising from the sale of immovable property, which is subject to Liechtenstein property tax
VAT
7,7%
VAT. Details
The standard VAT rate is 7.7%. For some goods and services it is 2.5% and 3.7%
Withholding tax
No
Other taxes
Asset tax, Social contributions
Exchange control
No
Government fee
No
Stamp duty
1%

Accounts

Requirement to prepare accounts
Yes
Requirement to file accounts
Yes
Publicly accessible accounts
Yes
Requirement to file Annual Return
No
Publicly accessible Annual Return
No
Audit required
Yes

General information shortly

Location
Central Europe
Total area
160 sq. km
Population
38.590 (2020)
Capital
Vaduz
National currency
Swiss franc
Conditional reduction of currency
CHF
Against USD
0.93 (2022)
Climate, average max and min t°
Continental; cold, cloudy winters with frequent snowfall or rain; cool, moderate, overcast, humid summers; average temperatures in January 0°C, July around 18°C
Time difference from Moscow
- 1 hour
Dialing code
+423
State language
German
Ethnic groups
Most of the inhabitants are Liechtensteiners - 65.6%; the rest are Italians, Swiss and Austrians
Literacy rate
100%
History
Credit rating
AAA
Government type
constitutional monarchy
Executive branch
Government: Prime Minister and 4 government advisers (ministers)
Legislative branch
Unicameral Landtag (25 deputies)
Judicial branch
Regional Court in Vaduz, Princely High Court of Appeal in Vaduz, Princely Supreme Court, Administrative Court and State Court
Unemployment
1,9% (2020)
GDP per capita rank
175.814 (2019)
Corruption perceptions index rank
11 (2013)

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Banks of Liechtenstein

Bank
The cost of opening an account, $
Global rating
Countrywide rating
GSL rating
2 500
N/A
N/A
1 820
N/A
N/A
1 820
978
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