LIECHTENSTEIN - A. G.

Status	Principality of Liechtenstein
Area, sq.km:	160
Population:	35 528 (2001 July)
Capital:	Vaduz
Business language:	German
Currency:	Swiss franc (CHF)
Location:	Central Europe, between Austria and Switzerland
Time zone:	GMT

INCORPORATION DATASHEET
Advantages:	High level of confidentiality, Uniquely high-prestige territory, Has its own system of laws regulating trust activity, Long term political stability with banking secrecy
Disadvantages:	High incorporation and administrative fees
Company status:	Exempt company
Corporate legislation source:	The PGR Code of 20 January 1926
Company name:	All names must end with 'Aktiengesellschaft' or 'A.G.'
Time required for incorporation:	4-5 weeks
Minimum number of directors:	1 (but 1 must be resident)
Usual minimum capital:	50 000 CHF - paid up
Are accounts required::	Yes
Minimum number of shareholders:	1
Type of shares:	Bearer or Registered
Annual tax and duties:	0,1% of the capital, minimum 1000 CHF + 800 CHF stamp duty (one time fee) and 4% on dividends
What information is available on the public file:	Registered office and local representative, directors
Non-public information:	Shareholders
Registered office:	Local registered office is required by law.
Registered secretary / agent:	Local registered representative is required by law.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee:	1790 CHF
Notarial certification:	300 CHF
International authentication (Apostille):	300 CHF
Legal expenses, filing fees and stamp duties:	2160 CHF
Issuing of share certificates and initial minutes and forms:	300 CHF
Corporate seal:	70 CHF
Courier fees:	70 CHF
Subtotal:	4990 CHF
ANNUAL FEES*
Registered office and registered agent:	5990 CHF
Annual tax and duties:	1000 CHF
Subtotal:	6 990 CHF
Total:	11 980 CHF

* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 6 6 990 CHF is payable annually beginning from the 1st January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 11 980 CHF includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and local representative for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person):	3500 CHF
Nominee Director (corporate body):	-
Nominee shareholder:	695 CHF
Power of Attorney:	395 CHF
Notarial Certification:	300 CHF
Certificate of Good Standing:	595 CHF
Apostille:	{#Liechtenstein AG – Apostille#}