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Company structures
legal forms
The principality of Liechtenstein offers a wide range of possible company structures that have a lot in common but are fundamentally different from each other. Many aspects need to be considered when choosing a company type. The criteria include capital, liability, operating persons, and especially the intended purpose of a company.
Corporation
A corporation is a legal person limited by shares (or: whereby the capital is divided into shares). This kind of company structure is best suitable for commercial purposes, e.g., trade in goods, property management, patent exploitation, etc.
Minimum capital: CHF/EUR/USD 50.000,00Limited liability company
The limited liability company is a legal person consisting of one or more associates. This company type is also best suitable for commercial purposes such as trade in goods, acquisition of participations, etc.
Minimum capital: CHF/EUR/USD 10.000,00Partnerships
There are several kinds of partnerships that are in particular: sole proprietorships, joint partnerships, or limited partnerships. The partnership is not a legal person and, as a rule, doesn’t pursue economic purposes.
Minimum capital: CHF/EUR/USD 0,00Establishment
An establishment is a legal person that constitutes a legally, independently owning an organized company. This company type can either be formed in a way similar to a foundation or a corporation (such as a corporation). Accordingly, the purpose of the company can either be similar to a foundation’s purpose or of an economic nature.
Minimum capital: CHF/EUR/USD 30.000,00Foundation | Trust
A foundation is a legal person owning a special-purpose asset. The trust is based on the Anglo-American legal framework and is not a legal person itself but a legal relationship of a contractual nature. The Foundation, as well as the Trust, can be used for economic as well as for non-material purposes.
Minimum capital (Foundation): CHF/EUR/USD 30.000,00 Minimum capital (Trust): CHF/EUR/USD 0,00Trust reg.
The Trust reg. is defined as a legal person having its roots in the Anglo-American corporate form. This type of company can be formed based on an economic (trade in goods) or a non-material purpose (e.g., successor arrangement).
Minimum capital: CHF/EUR/USD 30.000,00The first step to your start-up
Having a good business idea
Having a good business idea is the basis for a successful company set up. Ideally, this idea is a business model which, until now, does not exist – which is innovative! A good business idea may also be something that already exists but will be realized differently. The Best strategy is trying the most and take as many chances as you can get. The best approach is to try out as much as possible and to get as many opportunities as possible.
Asset Protection
To protect your assets in a sustainable way, sophisticated knowledge is crucial.
Protecting one’s assets in terms of liability and third-party access is getting more and more important. It is particularly essential for people living in countries with low political stability. Investors who are interested in the consolidation of their assets should have the possibility to pursue this objective within the law.
Foundation
The Foundation is internationally known and can be formed to pursue either private or charitable purposes. It is a legal person owning a special-purpose asset. It means that assets will be transferred into the Foundation by way of dedication. These assets will be administered and used by the foundation council for the benefit of the beneficiaries. The Principality of Liechtenstein offers the ideal framework to form a foundation.
Trust
The Trust has its roots in the Anglo-American legal framework and is not a legal person. The Trust is based on a legal relationship of a contractual nature. The contractual relationship is made between the settlor and the trustee whereby the settlor transfers movable or immovable assets or rights (trust property) to the trustee. The trustee is engaged to hold and manage the trust property against third parties in its name as an independent entity and for the benefit of one or more beneficiaries.
Dispute by debt holders:
Flee Clause
Spendthrift Clause
Contest Clause