As in all other sectors, entrepreneurs wishing to start a company in the field of industry or manufacturing must first of all apply for permission to do business. Once this has been granted for the specific sector required, the main obstacle on the road to setting up a new company has been overcome.
In the fields of industry and manufacturing, persons wishing to create a company must first receive permission to do business. This, in turn, generally requires the owner and/or managing director of the future company to provide proof that they hold the necessary qualifications to run a business in the respective field.
This proof of qualification is particularly important for applicants who intend on founding an industrial or manufacturing business operating in what is known as a qualified trade. This is because qualified trades have special protection requirements. Therefore, applicants must prove that they have the necessary training, apprenticeship certificate, master craftsmans certificate or proof of work experience in the respective field.
Certain trades are considered similar due to the tools and machines they use, the type of work completed and the specific knowledge required. If the applicant intends on performing two or more similar trades within a single company (allied trades), this is possible in Liechtensteinprovided the managing director has the knowledge necessary to perform at least one of these trades.
Applicants wishing to perform individual trades (e.g. commerce, procurement, consulting, etc.) must meet more stringent requirements than those wishing to perform allied trades.