Liechtenstein is an attractive investment fund center
in Europe, both due to its legal framework and available fund structures and because of its favorable taxation regime.
The Principality offers legal security and political stability to investors and investors have several types of investment funds in Liechtenstein to choose from.
The UCITS and AIF fund types
(undertakings for collective investment in transferable securities) are a type of investment fund
that can contain securities and derivatives. It can be set-up as an investment fund in Liechtenstein, a collective trust or an investment company. The latter can take the form of a public limited liability company or a public UU company and it can be managed internally or through a fund management agency. When investors choose the company as a form to set up the UCITS in Liechtenstein, they will need to register it with the Commercial Registry
Investors in Liechtenstein can set-up non-UCITS products, like investment companies for other values, for other values with heightened risk or investment funds for qualified investors. One of our lawyers in Liechtenstein can give you more information on these types of funds and the law on investment companies that applies to them.
(alternative investment funds) can be set-up using the same types of structures as the UCITS (public limited liability company, EU company, fund) and they also include another option that is similar to the limited partnership. A minimum capital requirement applies to this type of fund and it must be registered with the Financial Market Authority
One of the experts at our law firm in Liechtenstein
can help you with investment vehicle registration and with detailed information on the laws that govern these structures.
Investment fund taxation in Liechtenstein
Investment companies in Liechtenstein are subject to tax on the entire income they derive from the country. Dividends received from the investment in juridical persons are exempt from tax and the same applies to the capital gains obtained from liquidating investments in juridical persons.