Liechtenstein
Vat Registration Thresholds No threshold; mandatory registration for all businesses performing taxable supplies.
Vat Rates Standard rate of 7.7%, with reduced rates for some goods (e.g., 2.5% for certain items).
Vat Registration Process Liechtenstein requires VAT registration via the Office for Economic Affairs. Online registration is available.
Taxable Transactions Goods and services, including cross-border services and e-commerce, are taxable.
Registration Exceptions No exemptions for small businesses; VAT registration is mandatory.
Vat Filing Frequency Monthly or quarterly filing depending on the business's turnover; annual returns are also possible.
Intra Community Transactions Liechtenstein applies the same VAT regulations as Switzerland and follows the EEA rules for intra-EEA transactions.
Exemption Schemes Liechtenstein offers no VAT exemption for small businesses; all taxable supplies are subject to VAT.