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Taxes in the Principality of Liechtenstein |
| On September 23rd, 2010 the Liechtenstein Parliament approved a new tax law which came into force on January 1st, 2011. It replaces the more than 50 years old tax law which no longer met the demands of a modern tax law. While natural persons are taxed according to a 7-bracked schedule legal persons are subject to a flat tax of 12,5% of their net income. The minimum corporate income tax amounts to CHF 1'800,00. The former capital tax has been abolished along with the coupon tax. Tax-exempt corporate income includes among others dividends and capital gains from participations in legal persons as well as income from foreign permanent establishments and foreign real estate. In addition legal persons are allowed to deduct notional interest on the modified equity capital at a rate of currently 4%. An especially favourable tax treatment has been introduced for so-called private asset structures. With this EU-compatible legislation private persons can carry out limited asset management through a legal person under very favourable tax conditions. A private asset structure is currently subject to a yearly lump tax of only CHF 1'800,00. |
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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 |