Insurance Center Liechtenstein - Improved Tax Environment

Freedom of services

The insurance center Liechtenstein is an attractive one in the European setting, since Liechtenstein is part of the European market through its EEA-membership and thus benefits from the freedom of services, enabling insurance companies in Liechtenstein to distribute their products throughout Europe. Vis-à-vis Switzerland, the freedom of services is based on a bilateral treaty dating from 1996.

Missing network of DBAs

The insurance business is generally capital-intensive. This is particularly true for life insurance companies whose main activity consists of accepting funds in form of premiums from policyholders, before repaying them, usually many years or decades later, in case of an insured event or at the end of the insurance period. Regarding the management of assets held by insurance companies, it is detrimental to the latter that Liechtenstein so far concluded only a few double taxation treaties ensuring that foreign withholding taxes on