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Interview - Liechtenstein Company Formation

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

What are the requirements for company formation?
A Liechtenstein body corporate or trust cannot undertake the business of banking, insurance, assurance, reinsurance, fund management, collective investment schemes or any other activity that would suggest an association with the Banking or Finance industries, unless a special licence is obtained.

What are the fees associated with the company incorporation?
Usual Authorised Capital is CHF 30,000

What is the general taxation rate for incorporated companies?
Liechtenstein has moderate domestic taxes, but has specialised and very flexible types of 'holding' and 'domiciliary' company as well as 'establishments' and 'foundations' which were tax-exempt until the end of December 2010. They cannot usually trade inside the country. Since January 1, 2011, all formerly tax-exempt entities are subject to the minimum annual tax currently set at CHF1,200.