Liechtenstein

Due to its EEA membership and its special relationship with Switzerland, Liechtenstein is the only insurance centre that offers insurance undertakings direct access both to the countries of the European Economic Area and to Switzerland.

[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