Although there is a national bank in Liechtenstein, the Swiss National Bank performs the duties of the central bank, due tot the currency union with Switzerland. Having a strict bank secrecy, thousands of foreign business are nominally headquartered in Liechtenstein.
In Liechtenstein, the main taxes levied on businesses are corporate taxes, the capital tax, the VAT and the coupon (withholding) tax. There is no separate capital gains tax. Capital gains are treated as taxable income unless they come from real estate, in which case a property profits tax is levied.
Concerning work and residence permits, Liechtenstein has a very strict policy regarding foreigners who wish to enter the country, and residence permits are very difficult to obtain.
Just like in any other European country, Liechtenstein has a taxation system divided into corporate taxes, for legal entities, and individual taxes.
