Liechtenstein: enterprise foundations in Liechtenstein

ABSTACT

The most popular Liechtenstein legal form is the Liechtenstein foundation. There are several reasons why a Liechtenstein foundation is an attractive legal vehicle. Above all, mainly because of its asset protection qualities and its flexibility. The “beating heart” of every foundation is its purpose. The Liechtenstein legislator foresees only two purpose types: private or charitable. Despite the wide range of flexibility for a Liechtenstein foundation, it is controversial amongst legal scholars whether a pure enterprise (holding) foundation is permissible under Liechtenstein law. This shall be examined here.