|
Offshore Banking In Liechtenstein |
|
|
|
|
Written by OffshoreWorld
|
|
Monday, 03 August 2009 |
|
Information On The Offshore Banking System In Liechtenstein
Country name: Lichtenstein or (Liechtenstein as it is spell in the EU.)
Geographic location: Lichtenstein is a small country located in Western Europe, which is bordered by Austria to the east and Switzerland to west. It covers approximately is a doubly landlocked alpine micro-state in Western Europe, bordered by Switzerland to the west and by Austria to the east. It covers more than 100 sq. miles, with the capital located in the city of Vaduz.
Official language: Of all the German speaking countries in the world, Lichtenstein is the smallest.
Languages commonly spoken in offshore banks: English is widely spoken throughout the business community.
Population: 35,000
GDP per capita: $25,000
Currency: Swiss Franc(CHF). US Dollar USD 1.0681 to CHF 0.9365
Summary: Lichtenstein has a reputation as a tax haven that started from the time when tax havens were first introduced to the financial community.
Infrastructure and economy: A robust financial service industry has help Lichtenstein develop a free-enterprise economy. With its close ties to Switzerland, and membership in the European Economic Union Area it has created a many profitable fields, with foreign investors, financial services, trade and industry topping the list.
Legal system: Lichtenstein courts operate under legal codes based on Common Law. Liechtenstein is a constitutional hereditary monarchy with a Prince as head of State and a democratically elected parliament. It is a politically stable modern democratic state.
Did you know? / Special services: One of the main attractions of Liechtenstein is its extremely flexible company law, which allows for the creation of any type of legal organization, which is recognized under the law of any jurisdiction in the world. Low taxes and easy incorporation rules have induced approximately 74,000 holding companies that provide around 30% of state revenues.
Links to bank websites:
|
Articles