LIECHTENSTEIN COMPANY FORMATION
Formation of private law entity in Liechtenstein with unique legal status – a hybrid between a company and foundation. The Anstalt (Establishment) company is very popular due to its flexibility and tax advantages and widely used by foreign investors as holding company for patents, royalties, real estate assets or for other uses unrelated to business in Liechtenstein.
- Location: Central Europe
- Total area: 160 km2
- Population: 37,340
- Official language: German
- Official currency: Swiss Franc (CHF)
- Time zone: CET (UTC+1), Summer DST CEST (UTC+2)
- Register your Company in Liechtenstein in 2 weeks.
- We provide you with the most competitive price.
- We maintain complete confidentiality.
- A dedicated relationship manager will assist you throughout the process.
Our fees for incorporating and registration of a private LLC company in Liechtenstein are $ 15,000.
Renewal fees are $ 5000.
- Professional services for preparation and submission of documents to registrar.
- Acquisition of a registered office.
- All Corporate Documents.
- 1 Director.
- 1 Shareholder.
- Minimum Paid up Share Capital: CHF 50,000.
- Filing incorporation request with the company registry.
- Physical Office is required.
- Proof of identity (Current valid Passport, National ID card).
- Proof of Residential Address of the chosen Shareholders and Directors.
- Resolution to open a bank account, rent an office, appoint first director/shareholder, engage a Phone, Internet & Website service provider, hire a staff member/s.
- Agreement authorizing to represent the company in commercial negotiations.
- Resolution issuing a Power of Attorney authorizing to sign documents on behalf of the company.
- Register of directors/shareholders.
- M & AA, Certificate of Incorporation.
The Anstalt (Establishment) is a legal form, which is not known in any other jurisdiction apart from Liechtenstein. The Establishment is the most flexible structure of the Liechtenstein Company Law: It is something in between a Corporation and Foundation, since it may be structured with or without members. The Establishment can be used for any purpose – commercial or non-commercial. A characteristic is that the so-called Establishment fund may fully or partly consist of contributions in kind apart from cash. Moreover, the Establishment fund may be divided into shares, which may have the character of securities. In addition, the Establishment may have Beneficiaries like a Foundation.Because of its flexibility, an Establishment may be structured like a single-member company, a Foundation or a Corporation:
1. Establishment structured like a single-member company (most common)
The typical Establishment is owned and managed by a single person. He is the holder of the so-called Founder’s rights and thus the supreme governing body of the Establishment. This kind of Establishment may have a Board of Directors or other organs, which are chosen and controlled by the owner of the Founder’s rights. The holder of the Founder’s rights issues the Articles and determines in the By-Laws the persons – in general it will be the holder of the Founder’s rights himself – who get benefits from the Establishment.
2. Establishment structured like a Foundation (Establishment without Founder’s rights)
It is not mandatory that the founder of the Establishment is the holder of the founder’s rights and thus the supreme governing organ of the Establishment. The Articles may state that the Board of Directors is the supreme governing body of the Establishment and exercises the rights of the founder. In this case, the Founder has any function within the Establishment. However, the Board of Directors manages the Establishment following the will of the founder, which was stipulated in a Letter of Wishes or a Mandate Agreement like in a Foundation.
3. Establishment structured like a Corporation
This type of Establishment has several holders of the founder’s rights and the capital is divided into shares. The supreme governing body is the Assembly of the holders of the founder’s rights. Basic issues are therefore not decided by the Board of Directors but the Assembly of the holders of the Founder’s rights. If the Establishment is set up like this, it has the character of a Company Limited by Shares.
A Company name must necessarily end in "Anstalt"or its equivalent in foreign language (e.g. "Establishment") and must be approved by the Commercial Registry.
During the lifetime of the Establishment, its income is taxed with a flat rate of 12.5%. However, a minimal tax of CHF 1,200.00 is due each tax year, which is fully accumulated to the income tax. Liechtenstein has no capital tax.
A commercial Anstalt, one that has commercial objects, is required to submit an audited financial statement to the Liechtenstein tax administrator. However, note that the management of investments or other assets is not deemed "commercial". A non-commercial Anstalt need not submit accounts to the Liechtenstein tax administrator. Based on this, the administrators of the establishment shall confirm to the Commercial Registry (within 6 months of the close of the financial year) that a statement of assets and liabilities is available and that in the preceding year commercial activities were not pursued. The statement of assets and liabilities also need not be submitted; a statement by the bank that a record of its assets is available is sufficient.
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