Legal forms in Liechtenstein and Switzerland: a comprehensive overview
LegalLegal forms in Liechtenstein and Switzerland: a comprehensive overview
As the corporate and economic environment becomes increasingly complex, so do the legal and regulatory requirements.
Whether you are founding a new company, drafting employment contracts, outlining general terms and conditions or acquiring new real estate, you are faced with a multitude of rules, regulations and laws that must be understood, assessed and implemented correctly.

Legal forms in Liechtenstein and Switzerland: a comprehensive overview
The Liechtenstein foundation is a legal entity without shareholders. A foundation has beneficiaries who are entitled to enjoy the foundation assets and/or income according to the will of the founder. The Liechtenstein foundation is used for asset protection and estate planning. The Foundation is regulated in art. 522 § 1 – 41 of the Liechtenstein Persons and Companies Act (PGR).
The private law establishment is very popular due to her flexibility. The establishment in Liechtenstein has no counterparts in other legal systems. The establishment may be structured like a foundation or a corporation. The law defines the establishment as a legally autonomous, organized, permanent undertaking dedicated to economic or other objects and entered in the Commercial Register, which has holdings of material and possibly personal resources.