During the last year, the Liechtenstein government in collaboration with the Financial Market Authority (FMA) have agreed on several facilities for financial technology companies, shortly referred to as fintech companies. Among these facilities are tailored share capital requirements and various business models recommended by the FMA. As a result, the number of foreign investors establishing fintech companies in Liechtenstein has increased since the beginning of the year.
Our company formation agents in Liechtenstein can offer information on the legislation related to the financial industry in the Principality.
Registering a fintech company in Liechtenstein
Liechtenstein is one of the most renowned financial centers in Europe and in the world and this is one of the main reasons for which foreign investors are invited to explore the opportunities offered by the financial industry in association with the latest technological breakthroughs.
The company formation process of a fintech business in Liechtenstein remains the same as for any other type of company. The most employed structure is the limited liability company which requires a minimum share capital of 30,000 euros. The documents of incorporation must be filed with the Trade Register in Liechtenstein following which the approval of the FMA will be required.
Our Liechtenstein company formation advisors can assist with the fintech company registration procedure.
Types of activities for fintech companies in Liechtenstein
Fintech companies in Liechtenstein can carry out various activities in the Principality, among which:
- – electronic payment services;
- – robo-advisory services;
- – cryptocurrencies transaction services;
- – certain insurance services.
Apart from the local legislation covering the fintech industry, Liechtenstein has also implemented various EU directives related to this sector in order to allow EU-based financial companies to operate here, but also to enable local fintech companies to offer their services in other EU countries.
For full information on how to set up a financial technology company in Liechtenstein, please contact our local agents. Our company registration consultants in Liechtenstein can also assist with the company formation process.