Trading in Liechtenstein
Trading in LiechtensteinUpdated on Thursday 12th March 2020
Rate this article
based on 2 reviews
based on 2 reviews
Liechtenstein is a small country but a powerful one, with a stable economy and a great status in the EEA (European Economic Area). It is true, the country doesn’t have sufficient natural resources and having no exits to the sea made Liechtenstein focus on the trading activities in all kinds of sectors. Businessmen who want to establish a trading company in Liechtenstein can obtain information about the legislation and the taxation system in the country from our lawyers in Liechtenstein.
Imports and exports in Liechtenstein
Liechtenstein has fruitful economic collaborations with countries like Germany, Switzerland, France, Austria, Italy, Japan, Spain, or the USA. The country distributes machinery parts, hardware, dental products and ceramics among many others, relying most on the European partners. As for the imports, Liechtenstein needs raw materials, agricultural products, textiles, motor vehicles and metal goods, because the country cannot produce these goods in the necessary amounts. The same European partners have proper relations with Liechtenstein regarding the trading activities. Persons interested in opening a trading company in Liechtenstein should ask for guidance and complete support from our attorneys in Liechtenstein.
Complete access to the significant markets worldwide
Liechtenstein succeeded to sign numerous and important agreements with top countries to have access to particular markets. As an EEA state member since 1995, Liechtenstein is known for the free movement of services, goods, capital and even people, making trading activities prosperous and reliable in a small country with powerful financial status. The Custom Treaty signed by Liechtenstein in 1923 mentions the common borders with Switzerland and the bilateral free trade convention between the two states provides for a suitable trading activity in varied sectors. If you are a businessman who wants to set up a company in the trading sector in Liechtenstein, you are invited to solicit details about the laws in this matter from our Liechtenstein lawyers.
We invite you to watch the following video on trading in Liechtenstein:
Legal help when opening a trading company in Liechtenstein
The import and export businesses are flourishing in Liechtenstein and numerous investors are interested in this important domain. In order to properly open a trading company in Liechtenstein, one should consider the rules and regulations regarding the necessary licenses to import and export goods, as stipulated in the Commercial Code. Registering a company in this field is an easy process once the documents have been provided, including the permits which are issued by the Customs Authorities in Liechtenstein. We remind that special products need particular permits and certificates, according to the EU legislation. VAT registration in Liechtenstein is required in most cases for these types of activities.
EORI registration is required for trade purposes within the EU. Our lawyers can provide more details on this process.
Our law firm in Liechtenstein can provide you with details and information when opening a trading company in the country, therefore, do not hesitate to contact us for complete guidance.