Principality of Liechtenstein
Introduction to Company Incorporation Principality of Liechtenstein
Our firm is able to set up this entire process and to manage the bureaucratic and legal hurdles faced by entrepreneurs who are interested in the formation of a company in Liechtenstein. We offer the best solutions in order to make this process as simple, quick and easy as possible for all our clients.
The first step is to choose the type of company best suited for your needs and then register its name with the Public Registry.
A public notary in Liechtenstein must notarize the Articles of Association.
The next step requires opening a bank account in Liechtenstein to deposit the company’s share capital. In accordance with the law of commercial companies, each company must appoint a managing director who is fluent in German and a resident of Liechtenstein.
The following documents must be submitted with the Public Registry: company deed, declaration of the minimum paid up capital and Certificate of Deposit, notarized articles of association by a public notary in Liechtenstein, declaration containing the director and shareholders’ details and a declaration of appointment of the company’s auditors.
The company incorporation in Liechtenstein is complete after it is entered in the Commercial Registry. For companies engaged in commercial activities, an application must be submitted with the Office of Economic Affairs.
A Liechtenstein company may take any of the following legal structures: private limited company (AG), limited liability company (GmbH), foundation (Stiftung), establishment (Anstalt) or trust enterprise. Smith & Smith Global Advisory Limited is able to set up this entire process and to manage the bureaucratic and legal hurdles faced by entrepreneurs who are interested in the formation of a company in Liechtenstein. We offer the best solutions in order to make this process as simple, quick and easy as possible for all our clients.
Taxation for Companies in Liechtenstein
Many foreign entrepreneurs and investors choose to register a company in Liechtenstein because it is a very tax – efficient solution to manage business operations in other jurisdictions, regardless if the said business operations are conducted in member states of the European Union or in other foreign jurisdictions. Having a flexible and efficient business environment, Liechtenstein is an option to be considered.
The process of company formation in Liechtenstein follows the basic steps that are common for most EU member states, which means that the company documents must be notarized and then sent to the competent authorities for approval.
Liechtenstein has some of the lowest tax rates, both for corporate taxes as well as for individual taxes. The VAT rate is also very low, with a standard rate of only 12.5%, but for some goods and services it can go even lower, up to 3.8% for the hotel and lodging industry and 2.5% for certain goods.
It is important to note that entrepreneurs who wish to establish a company in Liechtenstein require a business license, which is granted under certain conditions such as having a clean financial record or being a national of an EEA member state. However, it is possible to appoint a managing director to obtain the business license. Find out more about company formation in Liechtenstein.
Types of companies in Liechtenstein
The Liechtenstein foundation
The Trust Enterprise
The AG (Aktiengesellschaft or company limited by shares) can be formed by at least two founding members and it requires a minimum share capital of 50,000 CHF. The capital is divided into company shares that can be registered, no-par-value, voting or bearer shares. The members are not liable in case of debt, only the company’s assets are used in the case of liquidation.
Company foundation with legal, tax and financial experts
Other services and offers
Opening company bank accounts and private bank accounts
Establishment of an office and addresses structure
Mediation of licenses
We have already established companies (shelf companies) in stock.