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The Principality of Liechtenstein

The Principality of Liechtenstein

The Principality of Liechtenstein lies at the centre of Europe, nestled between Switzerland and Austria, next to the river Rhine.

The form of government is a constitutional monarchy established on democratic parliamentary principles. The head of state is the reigning Prince von und zu Liechtenstein, Hans-Adam II. Since 15th August 2004 his son, Crown Prince Alois, handles the government business.

A total of some 35’000 inhabitants live in 11 municipalities which cover an area of 160 km2. Approx. 34% of the inhabitants are foreigners. The official language is German.

The Principality of Liechtenstein has been in a customs and currency union with Switzerland since 1924. For this reason the official currency is the Swiss Franc (CHF). Furthermore, the Principality of Liechtenstein has been a member of the Council of Europe since 1978, a member of the UN since 1990 and a member of the European Economic Area (EEA) since 1995.

The most important economic sectors are the industrial and service sectors, which account for more than 94% of gross domestic product. The financial services sector alone accounts for 30% of this.

The financial centre Liechtenstein offers its clients the following key advantages:

  • liberal company law
  • special tax privileges
  • secure economic and political environment at the centre of Europe
  • highly qualified education
  • free movement of capital and a stable currency
  • strong banking system
  • ideal infrastructure 
  • high level of discretion with respect to compliance with international legal standards in the field of preventing money laundering and organised crime