The
Company limited by shares has to be entered in the Commercial
Register in order to come into existence.
The net worth (share capital, reserves, profit brought
forward) is liable for obligations of the company. The
shareholders are entitled to the profit and the assets
remaining after liquidation.
The company’s object has to be determined in the
Articles of Association and shall reflect the activity
of the company.
The minimum capital amounts to CHF 50’000.– or
equivalent value in any other legal currency. Bearer
or registered shares are admissible; no minimum par value
is regulated.
Authorities of the Company limited by shares are
1. General assembly of shareholders
2. Board of directors
3. Auditing authority
The General assembly of shareholders is the supreme
authority. At least once a year it must be summoned to
approve the annual account.
The company business is being conducted and management
by the Board of directors, which may consist of one or
more members. At least one member must be resident in
Liechtenstein and must be a lawyer, trustee, accountant,
or recognized by the government in any other way. Additionally,
any number of natural or juridical persons with domicile
in Liechtenstein or abroad may be co-opted.
The appointment of an auditing authority is compulsory.
The auditors have to examine the annual account and report
to the general meeting.
Click here to order more information about the Liechtenstein Company limited by shares
|
