Stability & Security
In addition, Liechtenstein has no national debt and the very stable Liechtenstein financial market is an important resilience factor, which is reflected in the AAA country rating. The principality’s banks are among the best capitalized in the world and did not require state aid even during the financial crisis of 2008. Liechtenstein has stood for continuity, stability and security for more than 300 years. More exciting details on this in the following articles.
Liechtenstein joins crypto tax declaration
Conformity with international standards in the area of taxation is a pillar of Liechtenstein’s financial centre strategy. Accordingly, Liechtenstein has committed to implementing the revised Common Reporting Standard for the AEOI and the newly created Crypto Asset Reporting Framework.
Liechtenstein banking sector remains stable
Economic Monitor for Q3 2023: Assets under management at Liechtenstein banks rose to a new record value of 434 billion Swiss francs.
Liechtenstein and Italy sign double taxation agreement
With the signing of the double taxation agreement, Liechtenstein and Italy abolish double taxation in cross-border situations.
Banking sector looks back on a good year
Banks in Liechtenstein recorded double-digit increases in the result from ordinary operations and net profit in 2022, as well as net new money. The cost/income ratio deteriorated slightly compared with 2021.
Financial market risks are low for Liechtenstein
The Liechtenstein financial market is developing in positive fashion despite the recent turbulence in the North American and Swiss banking sectors. This is the conclusion reached by the committee responsible for monitoring and strengthening financial market stability in Liechtenstein.
Alternative investment funds on the rise
The number of Liechtenstein funds increased in the first half of the year. CHF 69 billion in net assets were managed as of June 2022.
Liechtenstein retains top rating
The renewed top rating in Standard & Poor’s semi-annual country rating confirms Liechtenstein’s stability and reliability.
Liechtenstein praised for implementation of standard against tax evasion
Liechtenstein received the best possible assessment for its implementation of the Automatic Exchange of Information in tax matters. The Global Forum on Transparency and Exchange of Information for Tax Purposes has therefore provided international recognition of Liechtenstein’s efforts.
Liechtenstein’s economic output increased almost fivefold since 1972
The “Economic and financial data on Liechtenstein” brochure provides an overview of the country’s economic development. Since 1972, the economic output of the country has increased almost fivefold. Private household income per capita in Liechtenstein is top of all EU/EFTA countries.