Located at the heart of Europe and a member of the European Economic Area (EEA),
Liechtenstein serves as a hub for multinational corporations in many industries. Thanks to its long-standing history and competitive legislation, Liechtenstein is home to many banks, insurance undertakings, wealth managers and family offices. Especially in the areas of asset protection and wealth management, Liechtenstein has been able to maintain a competitive edge.
- GDP – CHF 6.5 billion
- Population – 38’400
- Relevant international agreements – European Economic Area (EEA), European Free Trade Association (EFTA), Schengen Area, customs and currency union with Switzerland
- Currency – Swiss franc (CHF)
- Principal entities – corporation (AG), limited liability company (GmbH), foundation (Stiftung), establishment (Anstalt), trust (Treuhänderschaft) and trust reg. (Treuunternehmen)
- Accounting principles – Liechtenstein financial statements must be prepared annually in CHF, EUR or USD pursuant to the Liechtenstein Persons and Companies Act (PGR).