Liechtenstein private asset structure (PVS): sourced answers
1 answer to specific questions — each with a verbatim quote from an official source and a link to it.
Every answer is checked against a verbatim quote from a stored copy of its source and has passed an independent review. This is reference information, not legal advice: rules change, and the outcome depends on your circumstances.
Legal form in a country
May the structure carry on commercial (trading) activity
a Privatvermögensstruktur must not carry on economic activity
«Private asset structures shall be all legal persons: a) who in the pursuit of their objective do not perform any commercial activity, in particular if they exclusively acquire, hold, manage and sell financial instruments as referred to in Art. 4 (1) no. 10 of the Asset Management Act and holdings in legal persons, liquid funds and bank balances;97 b) whose shares or units have not been offered publicly and are not traded on a stock exchange and the possession of which is reserved for the investors referred to in (3), or in respect of which no investors other than those referred to in (3) have a beneficial interest; c) that do not advertise for shareholders or investors and do not receive remunerations or reimbursement of costs from them, or from third parties, for their activity referred to in a); and d) whose articles of incorporation indicate that they are subject to the re- strictions applying to private asset structures. 2) A private asset structure may hold holdings as defined in (1) a) only on the condition that it, or its shareholders or beneficiaries, do not exercise actual control over the management of these companies through direct or indirect influence. …»
Source: regierung.li · source copy as of 2026-10-03
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