Home Economy
Home  |  News  |  Service  |  Legal notice  |  Sitemap  |  Help  |  Contact  |  Deutsch
    Start search
Recommend this page Print this page
Economy
all topics
Principality of Liechtenstein
>> Path: Portal / Economy / Taxes / Value added tax
Value added tax 

In general, value added tax is imposed on five types of economic transactions, namely:

  • deliveries of objects in Liechtenstein subject to payment
  • services rendered in Liechtenstein subject to payment
  • in-house consumption
  • the use of services from abroad
  • the import of objects

Value added tax applies if commercial or professional self-employment generates earnings and the total annual turnover of domestic deliveries, services, and private consumption exceeds 75,000 Swiss francs.

In accordance with the nature of the value added tax as a consumption tax paid by the consumer, the business subject to value added tax is eligible to deduct previously paid value added tax. This deduction entails that the business must only pay tax on its “added value”, i.e., the business can in general apply all value added tax paid to its suppliers and contractors as previously paid value added tax.

The deduction of previously paid value added tax therefore reduces the tax due to the Liechtenstein Tax Authority. Strongly export-oriented businesses may even generate a credit with the Liechtenstein Tax Authority, since the law exempts foreign transactions from tax.

The tax rate is in general 7.6% for all transactions subject to value added tax. This general tax rate always applies if the transaction is not subject to the reduced rate of 2.4%. A special tax rate of 3.6% applies to lodging services. Certain transactions are exempt from value added tax, especially charitable, cultural, educational, and religious transactions.

The value added tax is to be assessed by the taxpayer, i.e., the taxpayer must account for all transactions and previously paid value added tax and must pay the assessed tax to the Liechtenstein Tax Authority without being requested.

Value added tax

Added value / Employment
Economic history
Liechtenstein in Figures
Business environment
Founding of businesses
Economic promotion
International memberships
Structure
Significance
Orientation
Special features
Advisory Council for Research and Technology
International aspects
Legal framework and authorities
Significance
Structure
International aspects
Combating financial crime
Banking center
Fund center
Insurance center
Liberal professions
FMA Financial Market Authority Liechtenstein
Authorities
Structure
Legal framework and authorities
Legal framework and authorities
Property and income taxes of natural persons
Company taxes of legal entities
Real estate profits tax
Estate, inheritance, and gift tax
Value added tax
Stamp duties
Coupon tax
Liechtenstein Chamber of Commerce and Industry (LCCI)
Liechtenstein Chamber of Trade and Commerce
Bankers' Association
Chamber of Lawyers
Investment Fund Association
Employees Association
Association of Engineers and Architects
Association of Patent Attorneys
Association of Professional Trustees
Insurance Association
Association of Auditors
Speeches
Newsletter
Press releases
EEA
EFTA
Bilateral relations with Switzerland
WTO
Implementation of economic sanctions of the United Nations
Moneyval committee of the Council of Europe
International assessments
What is financial crime?
How is financial crime combated in Liechtenstein?
How effective is the Liechtenstein approach in an international comparison?
Laws and norms for combating financial crime
Legal forms
Types of investment undertakings
Statistics
Supervisory authority
Laws, ordinances, and international treaties
Establishment / Licensing
Lawyers
Professional trustees
Patent attorneys
Auditors