10/4/2022 - Information letters
When reporting on current developments in the Liechtenstein financial centre, the topic probably at the very top of the list is the impact that the war in Ukraine is having on the banking and trust business in Liechtenstein.
On this subject, suffice to say: The Liechtenstein government implements EU sanctions consistently. As many questions have arisen within the banking and trust sector in respect of application of the Regulation on measures related to the situation in Ukraine, the Financial Intelligence Unit (FIU) has published a list of FAQs and a factsheet on its website, to which reference is made (www.llv.li). Instead, the present report will be focusing on a more upbeat topic, namely Liechtenstein’s performance on the occasion of the fifth audit of Liechtenstein conducted by MONEYVAL. In a further section, new developments in Liechtenstein’s international tax law will be discussed
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7/18/2022 - Information letters
From a legal point of view, Liechtenstein private-benefit foundations (Liechtenstein foundations) represent an interesting structure for the safe management of crypto assets with the help of a bank in Liechtenstein.
Liechtenstein is one of the few jurisdictions which have established a legal framework for the treatment of crypto assets (Token and Trustworthy Technology Service Provider Act of 03 October 2019, TVTG), thus creating legal certainty in this area. The requirement is that both the tokens (crypto wallets) and the tokenized assets are deposited in Liechtenstein.
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7/14/2022 - Information letters
Roger Frick, member of the Board of Trustees and the Executive Board of Allgemeines Treuunternehmen (ATU), in an interview with IFC Review.
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1/24/2022 - Information letters
On 1 January 2020, the Liechtenstein Notaries Act (Notariatsgesetz-NotarG) of 3 October 2019 came into force. Since then, it is therefore possible to practice the profession of a public notary in Liechtenstein as well.
The new law meets the needs of Liechtenstein as a rapidly changing business location and financial center brought about by increasing globalisation. Numerous legal transactions require notarizations or certifications to be internationally recognized. Prior to 2020, these actions had to be carried out by public notaries in neighboring countries such as Austria or Switzerland. As former Justice Minister Aurelia Frick emphasized, this new law has strengthened Liechtenstein's competitiveness in the area of legal and financial services.
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10/12/2021 - Information letters
Both natural and legal persons may take up residence or domicile in Liechtenstein.
In this, one must differentiate between the quite liberal rules governing the transfer of a legal person’s domicile to Liechtenstein and the rather restrictive rules concerning the movement of natural persons.
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10/6/2020 - Information letters
Amendments to Liechtenstein tax legislation
In this ATU Info, you will read more about the amendments to the Liechtenstein tax legislation, entered into force on 1 January 2019.
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7/13/2020 - Information letters
Customer Benefits and Advantages in Tokenized Securities and Objects of Value within a Liechtenstein Foundation
This ATU Info informs you about your benefits and advantages in Tokenized Securities and Objects of Value within a Liechtenstein Foundation.
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6/3/2020 - Information letters
ATU Charity Foundation PCC
In this ATU information letter you will learn more about the "ATU Charity Foundation PCC" which was formed in October 2019.
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1/14/2019 - Information letters
Amendment of Liechtenstein tax law and specific regulations of Liechtenstein – Switzerland DTA
In this ATU information letter you will learn more about the amendment of Liechtenstein tax law and specific regulations of Liechtenstein – Switzerland DTA.
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12/19/2018 - Information letters
Country-by-Country-Reporting (CbCR)
In this ATU information letter you will learn more about the automatic exchange of country-by-country reports by multinational corporate groups.
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