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Companies |
| Foundation | Establishment | Stock corporation | Trust/ trust company | Foreign companies The establishment is a typical Liechtenstein legal entity under private law. The establishment can be deployed either for commercial purposes, such as e.g. the settlement of business or property transactions etc., or for non-commercial purposes such as e.g. investment and the administration of investments, holding investments and property etc., that is to say in a manner similar to the foundation. The establishment is a legal entity and is entered in the Public Registry of Liechtenstein. The supreme body of the establishment is normally the founder or his legal successor, the owner of the foundation rights. His position is much like that of a proprietor. The foundation rights may be sold, inherited or assigned in other ways. As a rule these are documented in a so-called "declaration of assignment". However this declaration of assignment is not a security (such as for example a stock corporation share certificate), but simply a document of proof. The executive board, comprising one or more members, conducts the business of the establishment and represents this externally. If the purpose of the establishment permits commercial activities, then the establishment is obliged to keep accounts. Furthermore, an auditor must be appointed. In other respects, it is merely necessary to draw up a schedule of assets as at the end of each year. As with the foundation, beneficiaries can also be appointed for the establishment; these must be designated by the founder or his legal successor in separate ancillary articles of association. Under the articles of association, the minimum capital for an establishment is CHF 30,000.00; this must be deposited in cash at the time of foundation. |
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Our office building
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| Euromanagement & Trust Company Establishment FL-9490 Vaduz, Meierhofstrasse 2, PO Box 135, Liechtenstein Tel. +423 236 11 00, Fax +423 236 11 01 office@euromanagement.li - www.euromanagement.li |