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News on the VAT Act – net tax rate method
Net tax rate method The partially revised VAT Act will enter into force in Switzerland on 1 January 2025. Due to the treaty obligation for parallel VAT legislation, the partial revision of the Liechtenstein VAT Act will take effect at the same time. A significant change to the new VAT Act concerns the net tax … Read more
What is IFRS 16?
IFRS stands for “International Financial Reporting Standards” and are international accounting standards. These standards are used to standardize the annual and consolidated financial statements of companies worldwide and make them comparable. There are several key aspects of IFRS: In principle, IFRS financial statements are a must for capital market-oriented entities. Liechtenstein financial service providers have … Read more
What is IFRS?
IFRS stands for “International Financial Reporting Standards” and are international accounting standards. These standards are used to standardize the annual and consolidated financial statements of companies worldwide and make them comparable. There are several key aspects of IFRS: In principle, IFRS financial statements are a must for capital market-oriented entities. Liechtenstein financial service providers have … Read more
PGR size criteria – raising the thresholds
Increase in the thresholds for company sizes for financial years from January 1, 2024 On March 7, 2024, Parliament held a final debate on the government’s statement no. 15/2024 on the issues raised during the first reading regarding the amendment of the Persons and Companies Act and other laws and unanimously adopted the bill. Among … Read more
Liechtenstein financial center
PERFECT CONNECTION BETWEENSUSTAINABILITY AND INNOVATION The Liechtenstein financial center thinks in terms of generations. The focus on the long term, quality and stability is just as important as keeping up with the latest trends. The financial center presents itself in the annual brochure.
TWO BECOME ONE
We are pleased to inform you that Accurata Wirtschaftsprüfung Ltd. is merging with LIREX Ltd. Since the merger of the two companies three years ago, we have grown together as a unit. This cooperation has had a positive influence on the development of both companies and promises a WIN-WIN situation for you as a customer … Read more
Interim dividends in Switzerland and Liechtenstein (CH / LI)
SwitzerlandThe new provisions on interim dividends apply to both stock corporations and limited liability companies. The revised company law allows the Annual General Meeting to distribute interim dividends under the following conditions: The audit of the interim financial statements may be waived if all shareholders or partners agree and the creditors’ claims are not jeopardized … Read more
