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pnc: Content
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The foundation consists in self-contained assets dedicated to a specific purpose (e.g. maintenance of members of a particular family, or charitable purposes), and is endowed with its own legal personality. These assets are to be managed and used for the intended purpose by the Foundation Board. The Liechtenstein Foundation is suited, in particular, to establishing succession regulations and guaranteeing the maintenance of a family (family foundation).
There is no mandatory requirement for a Liechtenstein foundation to be entered in the Companies Register . It can be legally established simply by depositing the foundation deed, if the beneficiaries have been or can be defined (deposited foundation)
- legal entity
- share capital: at least CHF 30’000.–
- no obligation to certify deeds
Organisation:
In general, the Foundation Board is the supreme and only organ of the foundation.
The founder has only the rights explicitly reserved.
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