Liechtenstein’s fund industry has managed to set a new record in the third quarter of the year, exceeding the previous record from the second quarter. Near the end of 2017, the fund industry managed to acquire more than 850 million Swiss francs, according to a recent statement released by the Fund Industry (LAFV). Our lawyers in Liechtenstein are able to provide you with complete information on the particularities of the fund industry in the country.
Government officials are planning to develop a new strategy for the exploitation of the mountain region in Liechtenstein. The small Principality has untapped potential in its beautiful mountain regions, which, as officials believe, could be used to increase tourism in the country. Liechtenstein has a favorable business regime which makes it a preferred location to open a company in Europe. Investors looking for opportunities in tourism in Liechtenstein can request the services of our lawyers in Liechtenstein.
The standard value-added tax rate will be reduced in Liechtenstein starting with 2018. The Government adopted the proposal for the Amendment of the VAT Act at the beginning of October and the changes will enter into force starting with the 1st of January 2018. One of our lawyers in Liechtenstein can help you with more details on how the current VAT rates will change.
Liechtenstein maintains its top credit rating in 2017. According to rating agency Standard & Poor’s, the small country has a stable outlook and an AAA rating. A strong economy and a positive national accounts development are two of the country’s strong points. One of our lawyers in Liechtenstein can assist you with information about the legislation for investments and the conditions for doing business in the country.
Lichtenstein is already known as a financial center in Europe. The Government is now taking steps towards encouraging investors in the financial technology sector (the fintech sector) by planning to minimize existing hurdles related to the current risk profiles implemented by banks. One of our lawyers in Liechtenstein can provide you with complete information on the investment climate and conditions for those who want to invest in financial technologies.
Germany and the Netherlands remain two of Liechtenstein’s most important trade partners, with imports to the Dutch having significantly increased in the last year. The rise amounts to 85.5 percent more, compared to the same time in 2016. One of our lawyers in Liechtenstein can give you complete information on the import and export conditions for companies that undertake these types of activities.