Most trusted place to setup company in Europe?
- Thread starter benq
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Can you explain a little more about it and what does it mean if some want to replicate what OP indicates ?
Switzerland and Liechtenstein are very close. They share the currency, embassies and are in a VAT and customs union. They once shared international phone number prefixes, postal stamps etc.
That's why advance rulings are possible for CH-LI, while this normally is not available for CH-LU holdings. And of course, having a ruling gives you certainty which implies that for a Swiss company, a LI holding may be the better choice over a LU holding.
That's why advance rulings are possible for CH-LI, while this normally is not available for CH-LU holdings. And of course, having a ruling gives you certainty which implies that for a Swiss company, a LI holding may be the better choice over a LU holding.
Just a tiny correction:
As for the embassies, it is not generally valid. LI maintains a few embassies, namely CH,DE,AT,FR,BE,US (see here https://www.llv.li/en/national-administration/diplomatic-representations). Elsewhere, CH takes over the protection of the interests of LI. The point is: it is not so that LI has handed over the control of their foreign affairs to CH, as it is with some other states...
As for the embassies, it is not generally valid. LI maintains a few embassies, namely CH,DE,AT,FR,BE,US (see here https://www.llv.li/en/national-administration/diplomatic-representations). Elsewhere, CH takes over the protection of the interests of LI. The point is: it is not so that LI has handed over the control of their foreign affairs to CH, as it is with some other states...
Yes. I left this out for brevity. Also, Switzerland won't protect Liechtenstein in case of an attack. The Swiss Army has no mandate in Liechtenstein. (Liechtenstein does not have an army for over 150 years.)
Before this thread gets dragged into a discussion about embassies, the military, and all sorts of unnecessary gossip, what is the actual purpose of having a Luxembourg holding company owning a Swiss firm? And why do you believe Liechtenstein is a better option for a holding company?
I mean, given the setup OP has put in place, he must have done his research and know what works best for his specific situation, right?
I mean, given the setup OP has put in place, he must have done his research and know what works best for his specific situation, right?
Liechtenstein has the advantage that you can do advance ruling for years. Luxemburg is similar, but lacks that option. I expect fees to be lower in Luxemburg.
As far as I understood, you can get all kinds of advance rulings in Switzerland. Why can't they give you an advance ruling on a LU holding company?
Luxembourg and Ireland are popular for holding companies. Probably good when you want to attract foreign investors.
Nobody will be familiar with Liechtenstein.
Nobody will be familiar with Liechtenstein.
but Liechtenstein is far more attractive than all the others. Its not so popular yes thats the only drawback
easy to administrate
no witholding taxes
low corp tax 12,5%
creative DTT
efficient government
tax rulings easy
no witholding taxes
low corp tax 12,5%
creative DTT
efficient government
tax rulings easy
But very few tax treaties, right? So I can understand why it's not attractive as a location for holding companies - unless used to own a Swiss company.
with most interesting countries I did not mean US LOL. They have treaties with countries where other big countries have no treaties with.
Haha, yes.
In any case, the list is here
https://archiv.llv.li/files/stv/int-uebersicht-dba-tiea-engl.pdf
In any case, the list is here
https://archiv.llv.li/files/stv/int-uebersicht-dba-tiea-engl.pdf
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