Foreign investors can open various types of business in Liechtenstein. One of the less known industries which has great development potential is the automobiles sector which can yield very good profits. One of the best branches to open a company in this industry in Liechtenstein is rental and leasing.
If you want to open a car rental and leasing business in Liechtenstein, our company formation agents can guide you through the registration procedure.
Registering a car rental and leasing company in Liechtenstein
There are no special requirements to open a business which offers car rental and leasing services for clients in Liechtenstein, however, the business owner must comply with the Companies Law and the commercial and contract legislation which provides for the conditions for operating such business.
The company registration process of a rental and leasing business is completed with the Public Register and can be entirely handled by our company registration consultants in Liechtenstein through power of attorney.
Services offered by rental and leasing companies in Liechtenstein
In order to determine the type of services offered, the Liechtenstein company must first have a car fleet, based on which it will create its services list. Among the services offered by a car rental and leasing business are:
- – short-term and long-term rental services for tourists or Liechtenstein residents;
- – operational or financial leasing services for those interested in buying an automobile in these conditions;
- – chauffeur rental services for special events, such as private parties and weddings;
- – truck rental services for individuals or companies seeking to transport goods in Liechtenstein.
It must be noted that a car rental and leasing company cannot offer taxi services.
Obligations of car rental and leasing companies in Liechtenstein
The Liechtenstein company supplying car rental and leasing services is required to conclude a contract with the client and have individual insurance policies for each car in its fleet. Also, the contract must contain information about the rates and the terms and conditions of use of the car.
For assistance in setting up a car rental and leasing company in Liechtenstein, please contact us.