Accounting in Liechtenstein: A Gateway to Financial Clarity and Compliance

Dari Podhur, Counsel
7 March, 2025, updated 28 March, 2025

Table of Content

Liechtenstein is widely recognised as an investment-friendly jurisdiction and a free economic zone, offering a highly favourable business climate. This advantageous environment is one of the key reasons why the number of companies registered in Liechtenstein significantly exceeds the number of its citizens.

In this context, accounting in Liechtenstein has developed into a prominent and steadily growing sector, offering professional financial services through experienced agencies and international experts.
The accounting system in Liechtenstein is aligned with the applicable European Union directives and the European Economic Area (EEA) directives.

Additionally, for international companies and investment structures, financial reporting may be conducted in accordance with the International Financial Reporting Standards (IFRS).
Therefore, it is crucial to engage a qualified accounting provider that is proficient in both local regulations and global standards of financial reporting.

Why Maintain Accounting in Liechtenstein?

Reasons to maintain accounting in Liechtenstein. Choosing a company to maintain your accounting in Liechtenstein. A company experienced in accounting in Liechtenstein
Outsourcing bookkeeping functions to a company might be a reasonable step for non-resident companies with virtual offices in Liechtenstein.
There are numerous compelling reasons for companies, both resident and non-resident, to maintain their accounting operations in Liechtenstein.

These advantages apply whether you are managing a local company or operating a virtual office established in the country:

  • Focus on strategic priorities – Delegating financial reporting and bookkeeping tasks allows business owners and management to concentrate on business development, market growth, and operational strategy.
  • Cost-effective and efficient – Outsourcing your accounting in Liechtenstein can significantly reduce administrative expenses, especially for foreign-owned or remotely managed businesses. Maintaining a full in-house accounting team is no longer a necessity.
  • Compliance with local and EU law – All bookkeeping services rendered in Liechtenstein are conducted under the legal framework of the Liechtenstein Persons and Companies Act (PGR) and in accordance with EU financial directives. This ensures regulatory compliance and transparency across borders.
  • Professional risk management – In cases of irregularities, document errors, or emergencies, experienced accountants in Liechtenstein are well-equipped to take immediate action. They can correct documentation, communicate with regulatory authorities, and avoid legal complications.
  • Confidentiality and transaction safety – Liechtenstein is well known for its rigorous banking secrecy laws, which guarantee the confidentiality and protection of all financial transactions processed by authorised professionals.
  • Attractive tax environment – With a corporate tax rate of just 12.5%, Liechtenstein remains one of the most competitive jurisdictions in Europe for businesses looking to optimise their international tax structure.
It is important to note that accounting in Liechtenstein, while comparable to systems in other European countries, may differ in certain procedural and technical aspects. Therefore, cooperation with professionals familiar with the specifics of Liechtenstein’s financial and legal ecosystem is strongly recommended.

Choosing the Right Partner for Accounting in Liechtenstein

With the increase in company registrations and the emergence of new industries—including fintech, crypto-assets, and family offices — accounting services in Liechtenstein have become more competitive. Numerous agencies now offer a wide array of financial services, but not all providers are created equal.

When choosing a firm to manage your bookkeeping and financial reporting in Liechtenstein, consider the following:
  • Proven track record and market resilience – The most reliable firms are those that have proven themselves during turbulent economic periods, including the 2008 global financial crisis. Their experience ensures that your company is in capable hands.
  • Full-spectrum legal and financial services – The ideal accounting partner is not limited to basic bookkeeping. It should also offer legal advice, tax planning, compliance monitoring, and dispute resolution to provide full support under any circumstances.
  • Knowledge of international regulations – Given the cross-border nature of many businesses operating in Liechtenstein, your accounting firm should possess solid experience in international financial reporting, multinational compliance standards, and tax treaties.
  • Support for non-residents and virtual companies – If your business maintains a virtual office in Liechtenstein, the accounting provider should understand the nuances of reporting for non-resident companies, including communication with banks, public registries, and tax authorities.

Law Support: Experts in Accounting in Liechtenstein

At Law Support, we pride ourselves on offering a full range of accounting and legal services for businesses operating in Liechtenstein and across the European continent. Our firm works with both seated offices and letterbox (virtual) companies, providing tailored solutions based on the specific needs of each client.

Our services include:
  • International bookkeeping – Fully compliant with Liechtenstein laws and optionally aligned with IFRS, for companies with cross-border or international operations.
  • Tax and legal consulting – Strategic advisory on optimising tax liability, navigating EU regulations, and planning for long-term corporate sustainability.
  • Legal representation and dispute resolution – Our attorneys are ready to assist in resolving financial and legal conflicts, both locally and abroad.
  • Company formation and compliance – From founding your entity to maintaining ongoing accounting and audit compliance, we ensure full regulatory adherence.
We value transparency, confidentiality, and flexibility.
Our international team is ready to guide you through the accounting requirements in Liechtenstein, making sure your business remains compliant, protected, and positioned for long-term success.
If you're interested in outsourcing your accounting in Liechtenstein, establishing a business presence, or learning more about your compliance obligations, we are here to help. Our firm is open to collaboration on various terms and always ready to deliver exceptional-quality services.
📩 Contact us today to receive a detailed consultation and request your personalised accounting proposal. You can also speak to your dedicated manager or request a full presentation about accounting and financial services in Liechtenstein.

Questions and Answers

Yes. Liechtenstein’s accounting rules comply with EU directives and the Liechtenstein Persons and Companies Act (PGR). IFRS is also permitted for international reporting.

BUSINESS INSIDER

SHOW MORE