Business Bank Account in Liechtenstein: Opening Guide

Published on October 2, 2025 and written by Cyril Jarnias

Liechtenstein, a small principality nestled between Switzerland and Austria, is renowned for its political and economic stability as well as its sophisticated banking system. Opening a corporate bank account in Liechtenstein can offer numerous advantages to entrepreneurs and international companies. Here is a detailed guide on the procedure to follow and the available options.

The Strengths of the Liechtenstein Banking System for Your Business

Before delving into practical details, it’s important to understand why Liechtenstein attracts so many businesses for their banking services:

– Economic and Political Stability: Liechtenstein benefits from a strong economy and a stable political environment, offering security and predictability for business.

– Financial Expertise: Liechtenstein banks are recognized for their expertise in wealth management and corporate banking services.

– Confidentiality: Although banking secrecy has evolved in recent years, Liechtenstein maintains a high level of discretion while adhering to international standards.

– Access to the European Market: As a member of the European Economic Area, Liechtenstein offers privileged access to the European market.

– Favorable Taxation: The country offers an attractive tax regime for businesses, notably with a corporate tax rate of 12.5%.

Prepare Your File: Essential Documents for Opening

To open a corporate bank account in Liechtenstein, you will need to provide several documents. Here is a list of the generally required items:

• Company statutes
• Commercial register extract (less than 3 months old)
• Passports or identification documents of directors and beneficial owners
• Proof of address for directors and beneficial owners (less than 3 months old)
• Detailed business plan
• Financial statements from recent years (for existing companies)
• Proof of funds origin
• Company ownership structure
• Duly completed KYC (Know Your Customer) forms

Key Steps to Create Your Bank Account in Liechtenstein

The procedure for opening a corporate bank account in Liechtenstein generally follows these steps:

1. Choose Your Bank: Compare offers from different Liechtenstein banks to find the one that best suits your needs.

2. Initial Contact: Contact your chosen bank to express your interest and obtain detailed information on their specific requirements.

3. File Preparation: Gather all necessary documents mentioned previously.

4. Application Submission: Send your complete file to the bank, usually electronically at first.

5. Thorough Verification: The bank will conduct in-depth due diligence, analyzing your company and its activities in detail.

6. Personal Interview: In many cases, an in-person or video conference interview will be required with a bank representative.

7. Approval and Opening: Once your file is approved, you can proceed with the actual account opening and initial deposit.

Main Banks in Liechtenstein: Choose Your Financial Partner

Here is an overview of the main banks in Liechtenstein offering corporate services, along with their respective strengths:

LGT Bank: – Largest private bank in Liechtenstein – Recognized expertise in wealth management – Wide range of services for international businesses

VP Bank: – Strong international presence – Innovative and digital banking solutions – Specialization in services for financial intermediaries

Bank Frick: – Pioneer in banking services related to cryptocurrencies and blockchain – Flexible and customer-oriented approach – Custom solutions for fintech and innovative companies

Kaiser Partner Privatbank: – Wealth management specialist for entrepreneurs – Holistic approach combining banking services and advice – Strong expertise in international succession planning

Tips to Maximize Your Chances of Account Opening

To increase your chances of successfully opening a corporate bank account in Liechtenstein, follow these recommendations:

– Be Transparent: Banks appreciate clarity and honesty. Clearly explain your activities and the origin of your funds.

– Prepare an Impeccable File: Ensure all your documents are up to date, well-organized, and translated if necessary.

– Demonstrate Your Seriousness: A detailed business plan and solid financial projections will demonstrate the seriousness of your business.

– Be Patient: The process can be lengthy. Remain courteous and responsive to the bank’s requests.

– Consider an On-Site Visit: If possible, plan a trip to Liechtenstein to personally meet with bank representatives.