Domiciliary company or commercial enterprise

Anyone who considers setting up a business in Liechtenstein first and foremost thinks of the tax benefit of the lower taxes. Liechtenstein companies are subject to capital and income tax. Likewise, it has to be decided whether it is a so-called domiciliary company, that is, where only the registered office is in Liechtenstein or whether it becomes a commercial enterprise. A commercial enterprise conducts its activities domestically. Because there are tax differences between the two types of company. Income earned by a company abroad remains tax-free. Thus, domiciliary companies are exempt from tax. However, a capital tax of 1 per mille (at least CHF 1,200 per annum) must be paid annually.

For “Domiciliary companies”, industries in the area of ​​merchandise trade, service companies as well as companies with the field of activity consulting and mediation as well as asset management are suitable.
At any time and indefinitely capital can be brought into the enterprise or transferred back. For proper bookkeeping companies are obliged but not to publish the numbers.
Companies that also do business in Liechtenstein are subject to the annual income tax of 12.5%.

 

Company types and legal forms

If you want to start a business in Liechtenstein, you have to decide for yourself which company form is the right one for the foundation. A distinction is made between the asylum, the corporation, foundation or trust (trustee), trusteeship.
The working capital of a corporation is at least Sfr 50,000. For all other types of business, the minimum amount of business capital is Sfr 30,000.
All types of company pay only one annual tax of Sfr 1,000,

 

The biggest advantages of Liechtenstein are

• - Banking secrecy
• - Anonymity

 

The biggest mistakes when starting a company abroad

Not all topics related to founding a company abroad are always free of prejudices and false information that have prevailed over the years. We give you an overview of the most important questions about founding a company abroad.

Founding a company abroad as a citizen of another country is legal?

Founding a company abroad as a citizen of another country is legal?

Yes, in most countries foreigners can be sole shareholder of a local entity.

Do you have to live in the country where you start a company?

Do you have to live in the country where you start a company?

No you can set up a company anywhere in the world, as long as the country in question allows you, as a foreigner, to acquire shares in local companies. If this is not the case, trustees can be used. Freedom of establishment applies within the European Union. However, it is important that the management takes place locally, in the country in which the company is registered. In addition, a permanent establishment must be set up. Without this, a German tax office will not recognize the company and, in the worst case, would demand back payment of corporate and trade taxes plus late payment penalties. We rent you a real office and set up a permanent establishment that meets all requirements without a doubt. In addition, we have real managing directors who run companies in the home country and are resident there.

Problematic law firms: closure is made more difficult

Problematic law firms: closure is made more difficult

Some law firms tie clients with gag contracts and apply pressure when the client wants to close their business. If you are a client of a law firm that has set up a legally unsound company for you, you make yourself vulnerable to blackmail. Because in the event of a tax problem, law firms without a license are not bound by a duty of confidentiality.

Changing offices is made more difficult

Changing offices is made more difficult

We receive many inquiries from customers who already own a foreign company and are looking for a new law firm. Switching to us is then often made more difficult. So horrendous final bills are made, which have to be paid before a change is possible. Therefore we have developed a trust principle. If you are not satisfied with us and want to switch, you can do so at any time. You will receive the necessary documents (resignation letter) from us in a standardized form after the foundation. This protects you from unexpected costs and you are free to go to another law firm at any time. So far we have not lost a client to another law firm.

Privacy Policy/Office Location

Privacy Policy/Office Location

Your accounting documents are safe with us. In addition, all electronic data is only stored in encrypted form and apart from us, who are bound by professional secrecy, no one has access. All accounting documents are also only stored locally. Neither authorities nor hackers can access this data.

No taxes?

No taxes?

There are certainly locations in the world that do not charge any taxes to companies and private individuals or only charge a very low flat-rate tax. However, this can rarely be used without a corresponding change of residence. If you are resident in Germany, the relevant double taxation agreement is decisive. Providers who promise otherwise will tempt you into tax evasion, which is usually severely punished if discovered. We advise you not to set up companies in countries that have already been blacklisted by the OECD. The foundation is usually very cheap, but the tax consequences in Germany can be devastating. Since the introduction of the automatic exchange of information between almost all major countries, an anonymous account or company no longer exists.