Liechtenstein
NEWS
FACT FILE
Location Central Europe, between Switzerland and Austria.
Time Zone Central European Time.
Population 36,542
Capital Vaduz.
Airport None (120 km to Zurich airport).
Language German (German Dialect).
Currency Swiss Franc (CHF).
Dialing Code +423.
Centre's Expertise Numerous types of Companies, Foundations, Trusts, Insurance, Funds, Private Banking, Asset and Wealth Management, Highly educated personnel and strict professional society.
Political System Political power shared between hereditary monarch and democratically elected government; extremely stable.
Legal System Civil Law; influenced by Swiss and Austrian law; now implementing EU directives. Common law trust since 1926.
Personal Income Tax Around 21%.
Corporate Income Tax There is a flat corporate income tax rate of 12.5%. A minimum tax of CHF1,200 has to be paid if the structure qualifies as a private investment structure.
Exchange Restrictions None.
Tax Treaties For further information please see www.ifcreview.com/TIEA
Permitted Currencies CHF, euro, US$.
Minimum Authorised Capital CHF30,000/50,000 depending on type of company.
Minimum Share Issues Depends on type of company.
Shelf Companies N/A.
Incorporation Time Scale 2-5 days.
Incorporation Fees Approx. CHF800.
Annual Fees No offshore companies accepted accordng to new tax law 2011; Professional fees, approx. CHF3,000-10,000 depending on time spent. Additional fees for accounting and auditing (if required), charged on hourly basis and taxes.
Minimum Number One- three depending on type of vehicle.
Residency Requirements Yes.
Corporate Directors Yes.
Meetings/Frequency Depends on type of company and its statutes.
Disclosure No.
Bearer Shares Yes.
Minimum Number Two.
Public Share Registry No.
Meetings Frequency Depends on type of company and statutes.
Annual Return Usually requested.
Audit Requirements Depends on type of company and statutes.
Registered Office Yes.
Domicile Issues Registered agent/trustee.
Company Naming Restrictions Name availability to be checked with registrar.
ARTICLES
Liechtenstein: Ensuring a Robust & Competitive IFC
  Roger Frick considers the steps taken by Liechtenstein to ensure it remains a robust and competitive international financial centre. (01/03/2015)
Liechtenstein: Preparing for the Future
  Roger Frick examines Liechtenstein’s current reputation as an International Finance Centre, pointing out the next step for the jurisdiction in terms of automatic information exchange as well as what services may be offered in the future. (01/06/2013)
Liechtenstein: Setting the Financial Agenda
  Roger Frick considers the impact of Liechtenstein’s adoption of the AIFM Directive on the funds sector and examines the progress made to secure a wide range of DTAs including those the UK and Germany. (01/01/2013)
Liechtenstein: A Stable and Secure Financial Centre
  Roger Frick examines recent developments in Liechtenstein ranging from double tax treaties, the revision of the foundation law to forced heirship. (01/12/2011)
Liechtenstein – Pick up or Slow Down? Economical and Legal Developments in 2010
  Dr Markus Wanger examines the economic and legal developments in Liechtenstein throughout 2010 (14/02/2011)
Liechtenstein Disclosure Facility
  John Carrell gives an insider’s view on the reasons behind the implementation of the Liechtenstein Disclosure Facility, and the likely consequences of the LDF for UK individuals. (02/03/2010)
Liechtenstein in Turmoil: Legislative and Economic Developments of 2009
  A tumultuous twelve months have not dampened optimism in Liechtenstein, which has remained a busy and vital link in the international financial chain. (27/02/2010)
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FURTHER BACKGROUND INFORMATION
  Liechtenstein Tax Treaties
  Liechtenstein currently has 32 tax agreements in place consisting of 9 DTCs and 24 TIEAs. - read more...
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