Liechtenstein's IP regime is in some ways similar to those of Cyprus and Luxembourg (Cyprus IP regime, Luxembourg IP regime). It has also been approved by the European Free Trade Association (EFTA) Surveillance Authority (ESA) and is applicable from 1 January 2011.
The main benefits of the Liechtenstein IP regime are the following:
Coupled with Liechtenstein's low corporation tax of 12.5%, the above exemption of 80% leads to an effective tax rate of 2.5% calculated as [(100% - 80%) x 12.5%].
Qualifying IP rights - patents, trademarks, models, and utility models, which must be protected by registration in a national, foreign, or international Register, as well as software and technical/scientific databases.
Date of acquisition - the IP rights must have been acquired or created after 1 January 2011.
The information provided in this article is for general information purposes only. The information is not intended to be comprehensive or to include advice on which you may rely. You should always consult a suitably qualified professional on any specific matter.
Maastricht University - 5th Global Tax Policy Conference: Tax Policy after BEPS, what can be expected? On 6 September 2019 at the Royal Museums of Arts and History in Brussels, Prof. Dr Hans van den Hurk, chairman of the Annual Global Tax Policy Conference of the Maastricht Centre for Taxation (Maastricht University) with his esteem speakers are addressing the above question.Read more