Registration of a company in Liechtenstein — what nuances should businessmen take into account

Types of legal structures

• joint stock company (AG): Liechtenstein AG is a form of limited liability company similar to a joint stock company in other countries.
• GmbH (Gesellschaft mit beschränkter Haftung): This is limited liability and is a more flexible form for small and medium-sized businesses.

Minimum authorized capital: an AG requires a share capital, which must be defined in the company’s articles of association. GmbHs also have minimum capital requirements.

Resident Director: a resident director is required in case of AG. A GmbH does not require a resident director.

Financial statements: Companies in Liechtenstein are required to submit financial statements. It may be audited or unaudited depending on the size of the company.

Audit: Typically, large companies are required to undergo an audit, although smaller companies may be exempt.

Tax system: Liechtenstein provides a favorable tax environment with low income tax rates. However, it is worth considering all the features of tax legislation and double tax treaties, especially if you are planning international activities.

Registration and licensing: It is necessary to register the company in the Liechtenstein Trade Register and obtain the necessary licenses depending on the type of your activity.

Confidentiality: Liechtenstein is known for its high level of privacy. However, it is worth taking into account changes in the international requirement for disclosure of beneficiaries, and Liechtenstein also follows these standards.

Legal address: you must have a legal address in Liechtenstein.

Compliance: It is always important to comply with all legal and regulatory requirements to maintain the legality of your company’s operations.

It is recommended that you consult with a local business consultant or an international lawyer to ensure that the business understands the ins and outs of registration and meets all legal requirements.

Registration of a company in Liechtenschein — advantages

Liechtenstein attracts entrepreneurs and investors due to a number of advantages, including:

• tax advantages: Liechtenstein provides a favorable tax environment. The income tax rate for companies is relatively low. In addition, there is no value added tax (VAT) in Liechtenstein.
• stability and reliability: Liechtenstein is known for its political stability and high level of reliability as a financial center. This creates favorable conditions for doing business.
• confidentiality: Liechtenstein provides a high level of confidentiality. Reporting and financial information are subject to protection, which is important for many entrepreneurs.
• geographical position: Located in the center of Europe, Liechtenstein has a convenient geographical location for international business operations.
• flexible legal structure: Liechtenstein provides various forms of legal structures, allowing entrepreneurs to choose the best option according to their needs and goals.
• economic diversification: Liechtenstein’s economy is diversified, including financial services, trade, manufacturing and technology. This ensures resilience in a volatile economic environment.
• banking sector: Liechtenstein has a developed banking sector with a high level of professionalism. This can be an important factor for businesses, especially those involved in financial transactions.
• the international cooperation: the country has direct access to European markets and interacts with international organizations, which makes it easier to do business on the world stage.

It is important to note that every business is different and Liechtenstein’s advantages may be particularly beneficial for certain types of activities and business models. The decision to register a company in Liechtenstein should be made taking into account all legal, tax and economic aspects https://imperiallegal.com/ru/media/articles/how-to-register-company-in-leichtenstein.

Can registration of a company in Liechtenscheit be refused?

The possibility of refusal to register a company in Liechtenstein exists, and it may be due to various factors. It is important to take the following aspects into account to minimize the possibility of failure: