When looking for a jurisdiction in which to incorporate, the first thing to look at is the legal code. The body of law in Liechtenstein is civil law law. You will want to get some local advice as to how to best structure a company in Liechtenstein. E-signatures are allowed.
The abbreviation LI is for Liechtenstein and the most common company type type in Liechtenstein is a LLC.
You should expect a wait time of 2 weeks to put together the paperwork and file a LLC in LI. The types of cash you can use to setup your business is frequently USD, FF, ITL, ESP, PTE, and any legal tender.
Yes, one is allowed to re-domicile a LLC from LI. You are usually allowed to change the jurisdiction of the company, pending certain procedures.
There must be at least 1 shareholder. This makes it possible for you to own a LLC in LI by yourself. Corporate Shareholders are encouraged, which means you can have a corporate shareholder. Foreign ownership is encouraged, up to 70% of the ownership of the LLC.
A legal entity is only required to have 1 director on the board. Additionally, corporate directors are permitted. Directors should not expect to be private, as they are disclosed. There is a requirement to have annual meetings of shareholders.
A registered agent is normally required, which means the company will have to pay a fee on a yearly basis, for an address which can receive any official legal correspondance on behalf of the registered legal entity. However, a corporate secretary is not a requirement.
There is a legal obligation to file accounts on a yearly basis. Consequently, there is oftentimes a requirement to have these accounts audited.
Thin capitalization rules are in effect. A company is thinly capitalised when there is a greater proportion of debt than equity. The minimum capitalization for a Liechtenstein Civil Law is 30,000.
A corporate director is permitted, meaning this country is a good option if you are setting up a structure where you want to protect director liability.
The directors are disclosed in the public registry of Liechtenstein, AJU Commercial Register Division. Shareholders are disclosed in the AJU Commercial Register Division.
Typically companies take 2 weeks to setup and there are 1 director(s) required and 1 shareholder(s) required at the time of incorporation.
Overall we think Liechtenstein is a good option and have given it a score of 81 as an IO score, using the Incorporations.IO proprietary formula.
2 weeksto form