Formation de Sociétés au Liechtenstein

 

Company structure in Liechtenstein

Legal basis  - Civil law (Switzerland)

Legal framework  - Law on persons and companies

Company form  - Limited liability company (Gesellschaft mit beschränkter Haftung, GmbH)

Responsibility  - Members' liability is limited to the amount of their capital contributed.

Share capital  - The minimum capital of a GmbH is CHF 30,000. Upon incorporation, the capital must be fully paid up. Capital contributions can be made in cash or in kind. A GmbH is not authorized to issue shares and the rights of the shareholders are granted by deed or articles of association.

Shareholders  - A GmbH can be formed by one or more natural or legal persons, residents or non-residents, acting as founders and initial shareholders. Shareholders are entered in the commercial register, which is open to the public.

Administrators - All Liechtenstein companies must have at least one director who is a national of Liechtenstein or has a residence permit. The directors can be natural or legal persons.

Secretary  - The company can appoint a secretary, but this is not compulsory.

Registered address  - A company must have a registered office in Liechtenstein.

General assembly  - A GmbH must hold an annual general meeting at least once a year.

Electronic signature  - authorized.

Re-domiciliation  - Incoming / outgoing redomiciliation is not authorized.

Conformity  - An annual report must be filed in the commercial register containing information on all changes of general managers, company name and registered office. If the commercial activity is assumed in the founding act of the company, the financial reports and audit reports must be filed with the tax authorities.

The appointment of an auditor and the filing of audited financial statements are mandatory for all companies.

 

Key figures of companies in Liechtenstein

Official name Principality of Liechtenstein
Proper noun Fürstentum Liechtenstein (de)
Continent Europe
Subcontinent Europe (outside the European Union)
Population 38 114 inhabitants (2018)
Population growth 0.80 % / year
Area 160 km²
Density 238.21 inhabitants / km²
GDP 6.215 billion $USD (2016)
GDP / capita 165,028 $USD (2016)
GDP growth -1.16 % / year (2016)
Life expectancy 80.50 years (2018)
Birth-rate 10.40 ‰ (2017)
Fertility rate 1.69 children / woman (2017)
Mortality rate 7.40 ‰ (2017)
Child mortality rate 4.30 ‰ (2016)
Literacy rate 100,00 % (2018)
Official languages German
Change Swiss Franc (CHF)
HDI 0,917 / 1 (2018)
IPE nc
Nature of State Principality
Head of state Prince Hans-Adam II
National Holiday August 15th
Codes ISO LI, LIE
Nice Liechtensteinian, Liechtensteinian
Tourists 79,000 people (2017)

Formation de Sociétés au Liechtenstein

The Liechtenstein is an Alpine country in central (or western) Europe, without access to the sea, bordered by Switzerland to the west and south and by Austria to the east and north. It is one of the smallest countries in Europe, and in the world.

 

Formation de Sociétés au Liechtenstein

 

Very small country, Liechtenstein is no less well known. Tax haven sheltering tens of thousands of "foundations" which are used primarily for money laundering and tax evasion, it is in the crosshairs of large groups of countries such as the OECD.
Decided in recent years, and some international scandals in this regard, to relax its banking secrecy, it is trying to promote itself to the international community.

Surprisingly, the majority of its inhabitants do not work in the banking and financial sector, which is nevertheless highly developed (24 % of the economy). Industry, especially in high-tech sectors, employs half of its workforce and represents 40 % of the country's economy. This workforce comes mainly from the riparian countries of Switzerland and Austria.

 

Formation de Sociétés au Liechtenstein

 

The proportion of the population of foreign origin has been very high and has been stable for years (around 34 % since the 1980s to 2015).
The country is too small to accommodate an airport. The airport in Zurich, Switzerland, generally serves as the international airport for Liechtenstein. There is however a helipad.

 

Corporate Taxation in Liechtenstein

Corporate tax rate (IS)

Global CIT rate (%) 12,5

Corporate tax (IS) due dates

CIT return deadline July 1 (extension possible)
CIT final payment due date Within 30 days of receiving the assessment.
Estimated due dates for CIT payments Normally, no estimated CIT payment is due. Exception: if the filing date is extended beyond June 30, a provisional invoice based on the latest balance sheet will be issued.

Personal income tax rate (PPI)

Global PIT rate (%) 22,4

Personal income tax (PIT) due dates

PIT return due date Mid to end of April
IRP final payment due date Final tax payment is due within 30 days of receipt of the last tax assessment by the tax authorities.
Estimated PIT Payment Due Dates NP

Value added tax (VAT) rate

Standard VAT rate (%) 7,7

Withholding tax rate (WHT)

WHT rate (%) (Div / Int / Roy) N / A

Capital gains tax rate (CGT)

Corporate capital gains tax rate (%) Capital gains from the sale of shares are tax exempt. Gains from the sale of real estate are subject to a separately assessed land profit tax up to 24%.
Tax rate for individual capital gains (%) Capital gains from the sale of shares are tax exempt. Gains from the sale of real estate are subject to a separately assessed land profit tax up to 24%.

Wealth / Equity Tax Rate

Global wealth / equity tax rate (%) Wealth tax is included in income tax by including a deemed interest on net wealth which is added to the tax base.

Rate of inheritance and gift tax

Rate of inheritance tax (%) N / A
Gift tax rate (%) N / A
NA means Not Applicable (that is, the territory does not have the stated tax or requirement)

NP stands for Not Provided (i.e. information is not currently provided in this chart)