Liechtenstein International Trust
Liechtenstein International Trust
Liechtenstein is the only civil law jurisdiction which has adopted largely Anglo-Saxon trust legislation (contained in the PGR Code), although, unlike the common law trust, there is no bar against an accumulation of income, nor against perpetuities.
Liechtenstein is home to a thriving business in trust management. Although other local corporate forms offer partial substitutes for the trust, it remains a highly effective means of asset protection, and non-Anglo-Saxon clients are often more comfortable with Liechtenstein as a jurisdiction than they might be with, for instance, an ex-British colony.
Key Features
Liechtenstein International Trust |
Corporate Details |
General |
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International Trust |
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Follow English law/As per Trust Deed |
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2 weeks |
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Trusts are taxed annually on their capital value at 0.075% |
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No |
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Yes |
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No |
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As per Trust Deed |
Settlor |
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Should not be a resident of Liechtenstein |
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A trustee, a beneficiary or a protector of the trust. |
Beneficiary |
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Should not be a resident of Liechtenstein |
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A trustee, a beneficiary or a protector of the trust. |
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Should not include immovable property situated in Liechtenstein |
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Liechtenstein Supreme Court |
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No |
Trust asset |
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No, except property situated Liechtenstein |
Trustee |
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1 if corporate and 2 or more if not corporate |
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No domestic trustee is required |
Accounts |
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Yes |
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No |