LIECHTENSTEIN

The Principality of Liechtenstein is a constitutional hereditary monarchy based upon democratic-parliamentary principles, which is celebrating its 300th anniversary this year. The small state is located in the heart of Europe, between Austria and Switzerland. It has 37,000 inhabitants, the capital is Vaduz, the official language is German, and the business languages are German and English. Liechtenstein can be reached very easily from different international airports such as from Zurich (within 1 hour), and from Munich and Milan (within 2 ½ hours). The Principality is independent and follows the customs treaty of 1923 with Switzerland, with which it has close...

CORPORATE & FIDUCIARY SPONSORED CONTENT 2020

COMPANY PROFILE LIECHTENSTEIN – Annual Company Formation Guide 2018 Country:                                              Liechtenstein Region:                                                Europe Currency:                                            Swiss franc (CHF) (CHF) Languages:                                          German Time Zone:                                          UTC +1 Phone Code:                            +423 Communications:                    Good Formation Cost:                depends on the type of entity but usually around USD 6’000 to 8’000 Formation Time:               depends on the type of entity and the quality of the KYC information, around 3 to 5 working days Maintenance cost:                  depends on the type of entity but standard costs usually amount to USD 8’000-15’000, exclusive of accounting, auditing, tax and other secretarial and consultation...

2020

Executive Summary:Liechtenstein is a constitutional monarchy, has a land area of about 160 sq km (60 sq m), a population of 37,009 (July 2013 est), and is sandwiched between Switzerland and Austria. It has a customs union and a monetary union with Switzerland. Liechtenstein belongs to EFTA, and since 1995 to the EEA; it is not a member of the UN. The official language is German; English and French are also spoken, with a local dialect used in everyday life. A referendum held in March 2003, gave the ruling Prince Hans-Adam II sweeping new powers, including the right to veto...

JURISDICTION 2018

A wealthy international family is looking for services in countries, where, apart from the political and economic stability of that country, the family is experiencing superior professionalism, where the family can protect their assets and do estate planning. Liechtenstein financial products that mean foundations, trusts and trading companies are interchangeable, at the first sight, with structures of other jurisdictions. What is not interchangeable is the 89-year-old experience of the financial center of Liechtenstein in the international trust and foundation law fields, which started to develop already in 1926. Substantial key elements of the financial center of Liechtenstein are the customs...

CORPORATE & FIDUCIARY JURISDICTION 2018

1. Industry research suggests that China will soon rank first in the world as a source of clients. Have you experienced an increase in demand for your company incorporation services from this region? China is a thriving economy in the Asian market. With about 1.3 billion people and ranked as one of the largest economies worldwide, there is a Chinese HNWI population with about 500,000 individuals, most of whom have generated their wealth as first-generation entrepreneurs. Alleghenies Treuunternehmen (ATU) as a family office service provider during the last 86 years notes that many rich Chinese people are 50 years old...

CORPORATE & FIDUCIARY JURISDICTION 2015

What are the key advantages of your jurisdiction in terms of privacy & asset protection for a Chinese HNWI or Family looking to succeed their assets to the next generation? A wealthy international family is looking for services in countries, where, apart from the political and economic stability of that country, the family is experiencing superior professionalism, where the family can protect their assets and do estate planning. Liechtenstein financial products that mean foundations, trusts and trading companies are interchangeable, at the first sight, with structures of other jurisdictions. What is not interchangeable is the 88-year-old experience of the financial...

CORPORATE & FIDUCIARY JURISDICTION 2015

What are the advantages of the jurisdiction for Chinese investors?The Principality of Liechtenstein lies in the region of the Upper Rhine between the Swiss Canton of St. Gall and the Austrian Federal State of Vorarlberg. The topogra-phy is mainly mountainous, other than the Rhine Valley, which is the most populated area. Liechtenstein belongs to EFTA, and since 1995 to the EEA; it is not a member of the UN. The official language is German; English and French are also spoken, with a local dialect used in everyday life. What types of companies can be opened?Limited companies, public limited companies and trusts...

CORPORATE & FIDUCIARY JURISDICTION 2014

Q:Compared with other jurisdictions, what is unique in your jurisdiction? Under the current economic scenario, why should people put money there? A: Liechtenstein is a reputed jurisdiction providing financial services on an international level which is coupled with long-term national and international political, economic, social and legal stability and continuity. The stable Swiss franc, which is the legal tender in Liechtenstein, also strongly supports the country's success as a financial centre. Liechtenstein has not only created the prototype of the foundation but also until today remains the only jurisdiction in civil law Europe which has introduced and regulated the Anglo-Saxon private...

CORPORATE & FIDUCIARY JURISDICTION 2014