Many advantages as a business location, liberal and stable economic policies, a head of state passionate about enterprise, a position in the heart of Europe and to top it all off a stunning natural landscape. That is simply Liechtenstein.
Liechtenstein is one of the world’s smallest countries. Situated in the heart of Europe, between Austria and Switzerland, its surface area of just 160 km² makes it officially the sixth smallest state in the world. However, when it comes to entrepreneurship, the country is anything but a minnow. Liechtenstein is home to global market leaders and international industrial companies, a professional and innovative financial centre, and a multitude of commercial enterprises.
39`444 (as of 31.06.2022)
|Form of government
Constitutional hereditary monarchy on a democratic and parliamentary basis
|Head of state
Prince Hans-Adam II. / Prince Alois as his representative (sinde 2004)
25 Members of Parliament with four-year legislative terms
Collegial government with 5 members
41'352 (as of 2021)
|Percentage of cross-border commuters
56% (as of 2021)
|Number of companies
5'295 (as of 2021)
Detailed figures in "Liechtenstein in Figures" from the Office of Statistics.
Economy, Industry, Finance
Companies in Liechtenstein benefit in particular from access to two economic areas: the European Economic Area (EEA) and Switzerland. Liechtenstein has formed a customs and monetary union with Switzerland since 1924, and access to the EU/EEA internal market has existed since 1995. The Principality is also a member of the European Free Trade Association (EFTA) and benefits from one of the largest networks of free trade agreements in the world.
More than 5`100 companies have settled in Liechtenstein and offer more jobs than the country has inhabitants. In addition to a few large businesses, Liechtenstein’s many small and medium-sized enterprises form the backbone of the country’s economy.
Liechtenstein has a diverse economy with a high proportion of industrial production. Over 40% of the gross value added is generated by industry and the goods-producing sector. The most important branches of the strongly export-oriented industry are mechanical and instrument engineering, plant construction, manufacturing of precision instruments, the dental industry and the food industry. In all of these areas, Liechtenstein stands for high-tech goods of the finest quality.
Like its industry, Liechtenstein’s financial sector is highly diversified. Banks, insurance companies, asset managers, funds and trustees as well as fintech and blockchain companies are among those which appreciate the advantages offered by Liechtenstein's location and business-friendly conditions. They are supervised by the internationally recognised Financial Market Authority (FMA). More information about the financial sector here.
Zurich (CH), Munich (D) and Innsbruck (A) airports can be reached within two hours or less. Buses run regularly to Liechtenstein from Feldkirch (A) and Sargans and Buchs SG (CH) railway stations.