Joint Stock Company (Aktiengesellschaft - AG)

If the slightly higher tax burden and the stricter formal regulations in certain cases are accepted it is suitable for all commercial purposes, in particular for active international trading business, as an umbrella organisation of subsidiaries, etc. However, other organisational structures are to be preferred for the regulation of private asset circumstances and the pure asset management / hedging of assets.

Capital stock

The minimum capital is CHF 50,000.–; EUR 50,000.– or USD 50,000.–.

Shares

Bearer shares or registered shares are permitted whereby a minimum nominal value is not stipulated. It is also possible to issue voting stocks. The transfer of bearer shares is not bound to any form. The law does not stipulate any mandatory share for the management.

Bodies

The General Meeting is the highest body and must be convened at least once a year to adopt the annual accounts and settle the other statutory duties and duties of the statutes. The supervisory board manages the business of the company. The revision department must audit the annual accounts and submit a report to the general meeting.

Submission of a balance sheet

The annual accounts which have been audited by the revision department are to be submitted to the tax authorities in Liechtenstein.

Taxes

With this corporate form principally the special corporation tax (capital tax) of 1‰ on capital and open reserves, at least however CHF 1,000.– per annum and the coupon tax of 4% on profit distributions, are to be observed. The generated profits themselves are not subject to any taxation.