Liechtenstein To Offer Protected Cell Companies

The government of Liechtenstein announced that on July 8, 2014, it amended its company law to offer a protected cell company (PCC) structure.

The PCC structure allows a company to limit its exposure to legal and financial risks by separating its assets and liabilities into different classes of shares.

Liechtenstein's adoption of the PCC structure will allow it to compete more effectively with other financial centers that already have the structure in place, such as Ireland, Luxembourg, Jersey, Guernsey, and Bermuda.

The use of the PCC structure in Liechtenstein will be limited to certain non-profit or charitable activities.