This is a small state in the centre of Europe; its population is a little more than 33 thousand people. Such types of companies can be registered in Liechtenstein:
- A joint stock company (AG);
- Equivalent to the Russian limited liability company (GmbH);
- An Establishment (Anstalt);
- A fund (Stiftung).
Irrespective of the form of incorporation you choose, you will have to contribute a substantial charter capital. Moreover, for any enterprise one participant shall be resident of the country, and you will have to pay a considerable amount for servicing your legal entity. Liechtenstein cannot be called a classical offshore since enterprises will have to maintain reporting, submit reports and undergo audits. Besides, enterprises will have to pay income tax. This tax exemption can be applicable only to some types of business activities.
However, as on offshore zone, Liechtenstein can offer the following advantages and benefits to foreign businesses:
- High level of confidentiality for owners of companies;
- Political stability and legislation aimed at protection of investors interests;
- No withholding taxes;
- Non-prejudicial court system and high level of service.
Moreover, one of vital advantages of this jurisdiction is the possibility to open an account in most stable and reliable banks of Liechtenstein and Switzerland, for examples, in:
- LIECHTENSTEINISCHE LANDESBANK (LLB);
- VALARTIS BANK;
- LGT GROUP and etc.