Company registration
in Liechtenstein

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The Principality of Liechtenstein is a very small country on the border with Austria and Switzerland, but at the same time it is recognized as an international financial center with a transparent, well-developed business system, to which international banks and national tax services are loyal.

The process of company incorporation in Liechtenstein doesn’t take long if all the documents are properly submitted and it can last a few weeks.

On average, the process of registering a company in Estonia with the opening of bank accounts takes about one to two months and costs about 5,000 Euro (without the equity capital – 2,000 Euro).

Zeon Europe Ltd can help you throughout the company formation process. We can assist with drafting the Memorandum and Articles of Association and through a power of attorney, we can make the necessary submissions for corporate registration and for obtaining the necessary permits and licenses.

1. The sequence of actions and the list
of documents:

A copy of the passport

You provide a photo of passport or its scanned version.

Notarized power of attorney

Zeon company prepares a power of attorney template and sends it to the founder, who notarizes the document and sends it by courier to Zeon office in Tallinn. Then the power of attorney is translated into Estonian by a sworn translator.

Questionnaire

questionnaire, you will need to specify all the information necessary for the registration of the company and the preparation of relevant documents.

All countries:

Among the main advantages of registering a company in Liechtenstein, the following can be noted:

A simple mechanism for opening and maintaining the company's efficiency and confidentiality – data about shareholders/beneficiaries are not entered in the Public Register and are not disclosed.
After the registration of the company, the previously contributed authorized capital is unfrozen and its use is possible at the discretion of the owner
There is a ready-made set of banks that open accounts for Liechtenstein crypto startups

Registered companies pay a fixed fee of 1,200 Swiss francs (CHF) once a year, onshore business is taxed 12.5% of the annual profit, offshore – 0%. VAT of 8% is lower than the average European indicators
Regulation in the crypto industry is carried out on the basis of the Blockchain Act of 2020, this is one of the most convenient jurisdictions for blockchain/crypto projects in the EU
There is a ready-made set of banks that open accounts for Liechtenstein crypto startups

The definition of the equity capital for ESTONIA is at least 2,500 Euro for a company

3. Choosing a company name

The customer provides 2-3 options, Zeon checks the names in the register for uniqueness.

4. Planning the opening of bank accounts

Not every bank is ready to serve the crypto business and work with startups. But working through partner programs with crypto-friendly banks, you can get approval from banks in advance and prepare the documents required for onboarding.

You also need to consider user accounts options, access levels and payment flow schemes.

Bank Account Opening

Legal forms of Liechtenstein crypto companies:

The most convenient legal forms of Liechtenstein crypto companies for non-residents:

Joint-stock company (Aktiengesellschaft, AG)

Joint-stock company (Aktiengesellschaft, AG) can be created for commercial activity at the international level, for trading on the stock exchange and coordinating the assets of subsidiaries. Management is provided by at least 1 director, who must be a resident of Liechtenstein. There are no requirements for the appointment of a secretary. Registration in the Commercial Register is mandatory

Private limited Liability company

Private limited Liability company (Gesellschaft mit beschränkter Haftung, GmbH)

Trust institution (Anstalt)

Trust institution (Anstalt) repeats the terms of the enterprise, but the right to manage assets belongs to the founder

The difference between firms

The main difference between a public and a private firm is that the share capital of the former must be divided into shares from the stage of registration of the company in Liechtenstein. To work in a low-tax zone, it is necessary to transfer the authorized capital to one of the local banks before submitting an application for registration of the case.

The company must necessarily have at least one director and one shareholder. These persons may belong to the category of both individuals and legal entities. One of the directors must be a resident of the state.

Registration of a company in Liechtenstein requires the presence of a management office with a minimum number of employees and a directorate on the territory of Liechtenstein.

Companies are required to keep accounting and personal income tax records even if they are not subject to mandatory taxation. The annual report implies the presence of accounting support and business audit.

If the company's annual turnover exceeds EUR 100,000, registration with the Tax Department is required.

In Liechtenstein, only holding and so-called 'domiciliary' companies have tax benefits. A company that does not operate on the territory of the state is considered domiciliary. In this case, the company pays an annual capital tax in advance in the amount of 0.1% of the value of the net assets of the Liechtenstein company or the paid-up authorized capital (from a higher value), but not less than SHF 1000 per year. No income tax is charged.

There is no need for a personal presence to create a company, and the deadlines are minimal (you can complete the process in two weeks).

The following stages to register company:

Registration of a business in Liechtenstein requires passing the following stages:

1

Submission of the necessary documents to the register (the applicant prepares the company's charter for notarization, fills in the registration documents and submits them to the Liechtenstein Commercial Register. For some types of activities, an application for a business license is required).

2

Confirmation of authorized funds in the banks of Liechtenstein or Switzerland.

3

Providing information about the company's director and shareholders.

4

Identity cards of a citizen of Liechtenstein.

After registration, a set of company documents is formed:

Extract from the register
Articles of Association
Act of Constitution
Apostille of the bound set of copies of Constitutive documents
Extract from the Trade Register
Act of Formation
Act of Constitution
Page with Apostille (by request)

Set of documents of the nominee director and shareholder:

Resolution effecting the issuing the Power of Attorney)
Power of Attorney)
Letter of Acceptance)
Director Resignation Letter (undated)
Nominee Director’s Declaration
Resolution effecting the change Director (undated)
Deed of Trust
Instrument of Transfer (undated)

6. Selection of a contact person and a legal address

7. Conducting a transaction with a notary

✓ A contact person is necessary for non-residents to interact with government agencies, process correspondence and appeals.

The presence of a contact person and a legal address for non-residents is regulated by the Commercial Code in Estonia and is mandatory.

The date/time of the transaction at the notary should be planned in advance. The approximate waiting time is within a week, with large downloads it is possible to be increased to two weeks to complete a transaction for the registration of a company.

✓ After the transaction, the application for registration of the company is considered within 5 working days.

8. Preparation of a package of registration documents

Zeon will translate registration documents into English with notarization, prepare electronic copies of documents, and coordinate the transfer/storage of physical copies of registration documents.

See full list of services related to company registration in Liechtenstein in Price List.

See Price List

Do not hesitate to contact us and reserve the option to register company in Estonia right now!