Complex financial and family relationships can be structured very well using foundations or trusts. In Liechtenstein, professional solutions are also sensibly complemented by funds.
Donations are always an issue when it comes to preserving a life’s work and preserving it for heirs and beneficiaries for generations in the spirit of the founder. Whether it is an asset, a collection or a company, asset structuring via foundations or trusts should definitely be considered.
Above all, a corporate foundation that holds shares in companies is increasingly becoming the focus of interest. Then it is usually a matter of securing the company’s position, values and independence, supporting growth and increasing value and at the same time protecting the founder’s descendants and taking their needs into account.
Legal certainty and stability
With the establishment of a foundation, the founder finally parts with assets and participations. Legal certainty and economic and political stability in the place where his foundation is based are all the more important to him. According to this, what is planned and decided today should also be valid in the future.
The Principality of Liechtenstein, with its almost 100-year tradition of foundations, offers the perfect solution here. Foundations and trusts based on a legal basis that has been tried and tested over many years. The small country is politically and democratically stable, is based on the secure and tried-and-tested European legal system and is in an optimal economic position, which is demonstrated by the lack of national debt and Liechtenstein’s highest possible triple-A rating by Standard & Poor’s. The international orientation of the financial center and its embedding in the European economic area prove their worth, especially when family or company networks extend across several countries.
fund worth considering
When organizing private and corporate assets, funds are a very sustainable, attractive and efficient structuring alternative. The combination of foundations or trusts with funds also offers great advantages if you value flexible, regulated and internationally recognized investment solutions.
Funds are strictly regulated and supervised and therefore meet the highest international standards of governance, an important asset in a rapidly changing regulatory and tax environment. Funds can invest in all valued asset classes and also include companies, real estate or tangible assets.
Funds in Liechtenstein are effectively exempt from all taxes. There is no withholding tax, value added tax or taxe d’abonnement. Fund-related services, such as asset management, are exempt from VAT. Foundation, ongoing administrative and supervisory costs in Liechtenstein are extremely competitive in an international comparison. Thinking in terms of generations and the associated innovative and sustainable asset investments and structures have always been among the competencies of the Liechtenstein financial center.
More under: Finance.li