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Insurance centre |
| The Principality Liechtenstein makes it easier to found and operate insurance companies and aims to extend Liechtenstein’s position as a European insurance centre. The basis for this is the Insurance Supervision Act of 1996 as well as the Insurance Supervision Ordinance of 1997. Insurance companies are obliged to take the legal form of a stock corporation or co-operative. In addition to life and loss insurance, Liechtenstein is also an attractive market for captives. The Insurance Supervision Act establishes insurance secrecy – analogous to banking secrecy. Bodies and employees are obliged to keep customer data secret for an indefinite period. Insurers require government approval before taking up their business activities. By international comparison, the fiscal framework conditions are extremely attractive. |
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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 © 2006 Euromanagement & Trust Company Establishment, all rights reserved. |