Liechtenstein
[Last updated: 01/06/23]
Regulatory contact:
André Hoffmann
Address of regulator: Financial Market Authority Liechtenstein Landstrasse 109 9490 Vaduz Liechtenstein
Telephone Number +423 236 6183
Email Address andre.hoffmann@fma-li.li
Website www.fma-li.li
Name of Captive Legislation
Law on the Supervision of Insurance Undertakings (ISA)
Ordinance on the Law on Supervision of Insurance Undertakings (ISO)
Year Legislation Passed
2016
Recent Amendments
No amendments
Do you allow Cell Captives?
No
Total Number of Licenced Captives
8
Number of Cell Captives
0
Number of licences granted in the past year (2022 calendar year)
0
Approximate (or Average) length of time to process a new captive
3-6 month
Captive tax rates
12.5% EBT, 4% notional interest income on modified equity.
Minimum capitalisation rate
Minimum Capital Requirement (absolute floor):
Non-life: EUR 2.5 Mio. (Classes 10 to 15 EUR: 3,7 Mio.)
Life: EUR 3.7 Mio.
Captive Reinsurance: EUR 1.2 Mio.
Licencing fees
CHF 40,000 for registration
Industry sectors best represented in the domicile
Diversified market
Total premiums received by the Captives
approx.: CHF 112’000’000
Total value of assets under management
approx.: CHF 1’040’000’000