News: Registration of Company in Liechtenstein-AG

Company registration in Liechtenstein

Specialists of the company Law & Trust International offers favorable conditions for registration of offshore companies in Liechtenstein. Among the main advantages of starting business in the territory of the State, there are low tax rates and loyal legislation in relation to the non-resident businessmen.

Registration of the company in Liechtenstein takes about two weeks, if all the documents of the applicant are in good order and proper form from a legal point of view. Collection of the documentation package, as well as its recheck and preparation for transfer to the foreign jurisdiction are carried out by the company’s lawyers.

Registration of company in Liechtenstein: Key aspects

1. For non-resident citizens of any republic registration of such organizational and legal form of business as limited liability company (Aktiengesellschaft - AG) is available. The scope of activities of this type of offshore company in Liechtenstein is governed by local regulation, which was drawn up in 1926 - Personen und Gesellschaftsrecht mit dem Gesetz über das Treuhandunternehmen.  
2. Registration of offshore company in Liechtenstein requires the existence in the territory of the state of the managing office with a minimum number of employees and the Board of Directors. Appointment of directors is the prerogative of the founder, but one of the managers shall have the citizenship of the country.
3. Jurisdiction of the state guarantees strict observance of the privacy policy, thus the information about managers of offshore company in Liechtenstein is not publicly known, and it can be disclosed to third parties only by court decision.
4. List of directors of any company in Liechtenstein is open, but information on shareholders is classified and can not be disclosed.
5. Businessmen who are residents, as well as legal persons from other countries, are obliged to keep accounting records and records on personal income tax, even in case they are not subject to obligatory taxation. Annual report implies the presence of accounting services and audit of business.
6. Registration of business in Liechtenstein is associated with the collection of considerable package of documentation, and after the formation of business all the constituent documents are required to be deposited with one of the participants of the company's management sector.
7. Starting business in Liechtenstein allows to establish partnership relations with Luxembourg and Austria. The Principality has agreements for the suppression of double taxation with these two countries.
8. There is no currency control for all entrepreneurs throughout the country , which provides the right to conduct transactions of any scale within the constraints of a particular bank.

Registering company in Liechtenstein: requirements for Aktiengesellschaft

1. Liechtenstein offshore zone implies the contribution of minimum charter capital in the amount of 50,000 Swiss francs. The abovementioned amount shall be paid to the account of one of the banks in the territory of the state before submission of application for registration for consideration.
2. Offshore company in Liechtenstein shall have the right to use ordinary shares, preferred shares, bearer shares and shares with and without voting rights.
3. The company shall have one director and one shareholder. The said persons may belong to the category of both natural and legal persons. One of the directors should be the resident of the state.
4. In order to register company in Liechtenstein, it is necessary to create a unique name. The company name shall include the abbreviation SA or AG at the end.
5. All companies registered in the territory of the State are required to pay annual fixed fee in the amount of 1200 Swiss francs. For onshores, the tax rate is 12.5% of the amount of the annual income.

You can apply for detailed consultation concerning registration of companies in the offshore jurisdictions by means of phone of Law&Trust’s office. The lawyers can hold private meetings, and free consultations are available for each client. On weekends, the application can be submitted online.