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Frequently Asked Questions

Frequently Asked Questions

Updated on Monday 17th July 2017

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Frequently Asked Questions.jpgCitizens interested in moving to Liechtenstein for work purposes or in order to start their businesses in the country have the possibility to talk to our lawyers in Liechtenstein for legal assistance. We have gathered a few questions our team of attorneys receive most often from foreigners interested in relocating/ starting a business in Liechtenstein. Details about how to open a company, register a business, recover a debt or information about the marriage/divorce procedure etc. in Liechtenstein can be obtained on request.
 

1. How can I open a business in Liechtenstein?

 
Foreign entrepreneurs who want to set up a business in Liechtenstein can choose from several types of entities like establishments, limited liability companies or companies limited by shares. The minimum share capital is EUR 30,000 for a limited liability company in Liechtenstein, where at least one director needs to be appointed.
 

2.  Do I need to obtain special licenses and permits for my company in Liechtenstein?

 
It is good to know that most commercial activities in Liechtenstein do not require a special license or a permit. There are particular categories of businesses, especially with activities in the financial sector, for which a license is mandatory. The Office of Economic Affairs in Liechtenstein issues the special permits and licenses.
 

3. What rules apply for foreigners wanting to invest in Liechtenstein?

 
There are two types of investments in Liechtenstein - direct and indirect. The direct investments regard the foreign entrepreneurs who want to buy different kinds of assets in the country. As for the indirect investments, these can be made through the purchase of company stocks or shares. Liechtenstein has no specific rules regarding the foreign investments in the country and offers valuable conditions and benefits for entrepreneurs willing to do businesses in the country.
 

4. How can the Arbitrary Court in Liechtenstein solve the commercial cases?

 
The commercial disputes can be solved by the Arbitrary Court in Liechtenstein, where short proceedings and confidentiality are guaranteed. It is good to know that each decision made by the Arbitrary Court in Liechtenstein is final and enters into force right away.
 

5. What is the debt collection procedure in Liechtenstein?

 
The debt collection in Liechtenstein can be made through the amicable procedure, as a first movement, where a system of payment is established, in accordance with both parties involved. Our attorneys in Liechtenstein are able to offer legal advice and can elaborate a debt recovery plan.
 

6. Do I need a visa to enter Liechtenstein?

 
Citizens from EU (European Union) do not need a visa to enter Liechtenstein, but persons outside EEA (European Economic Area) and EU countries must apply for a visa to the Swiss authorities in charge.
 

7. How much is the VAT in Liechtenstein?

 
The VAT rate in Liechtenstein is 8% and is applied to imported products and goods in the country. The food, the beverages or the press businesses registered in Liechtenstein are subject to a 2.5% VAT rate from the profits.
 

8. How do I obtain a work permit in Liechtenstein?

 
Citizens, no matter the nationality, do not require a work permit in Liechtenstein, but the apprenticeship positions are subject to work permits. EU citizens who want to work in Liechtenstein need a border commuter permit and must live in the neighboring countries like Germany, Switzerland or Austria. A residence permit for Liechtenstein will also be issued. 
 

9.  What is the marriage procedure in Liechtenstein?

 
People who want to get married in Liechtenstein must be over 18 and need to make proof they do not have this status with other persons. A wealth declaration is mandatory before registering the marriage in Liechtenstein.
 

10. What is the divorce procedure in Liechtenstein?

 
The Liechtenstein Court issues the divorce applications for partners of the same or different nationality (one of them from Liechtenstein). The common assets and the custody are also important issues to be solved in the court of law in case of a divorce.
 
For further questions on legal matters, you are invited to contact our law firm in Liechtenstein.
 
 

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