iCalculator™ LI: Liechtenstein Tax Calculators

Welcome to iCalculator™ LI, your comprehensive suite of free tax calculators for Liechtenstein. iCalculator™ has provided free tax calculators for Liechtenstein since 2019. Since those early days we have extended our resources for Liechtenstein to includes Tax Guides, Tax Videos and enhanced the tax calculators and supporting tax information. The Liechtenstein Tax Calculator and salary calculators within our Liechtenstein tax section are based on the latest tax rates published by the Tax Administration in Liechtenstein. In this dedicated Tax Portal for Liechtenstein you can access:

Liechtenstein Tax Calculator 2024/25

The Liechtenstein Tax Calculator below is for the 2024 tax year, the calculator allows you to calculate income tax and payroll taxes and deductions in Liechtenstein. This includes calculations for

1. Employees in Liechtenstein to calculate their annual salary after tax.
2. Employers to calculate their cost of employment for their employees in Liechtenstein.

Discover Liechtenstein

Liechtenstein is a small, landlocked country located in Central Europe, nestled between Switzerland to the west and south, and Austria to the east and north. Despite its diminutive size, covering just about 160 square kilometers, Liechtenstein boasts a strategic location in the heart of the Alps, contributing to its unique cultural and economic landscape. The country's official language is German, and it is renowned for its medieval castles, alpine landscapes, and villages linked by a network of trails.

The economy of Liechtenstein is highly industrialized and diversified, with a strong focus on innovation and high-value manufacturing. Notable economic sectors include precision manufacturing, high-tech industries, pharmaceuticals, and electronics. Additionally, Liechtenstein has a robust financial services sector, benefiting from the country's political stability, favorable tax regime, and membership in the European Economic Area (EEA). The country's financial services industry is particularly well-regarded for its banking and wealth management services, attracting investors from around the globe.

Culturally, Liechtenstein melds influences from its neighbors, offering a rich tapestry of traditions and modernity. It celebrates a variety of festivals and events throughout the year, showcasing its heritage and contemporary artistic achievements. Liechtenstein's commitment to culture and the arts is also evident in its museums, galleries, and the Liechtenstein National Museum, which provide insights into the country's history, natural environment, and art.

Neighboring countries include Switzerland and Austria. These nations are not only geographical neighbors but also important economic and cultural partners, contributing to Liechtenstein's vibrant international community and its role as a bridge between various European regions.

Tax overview of Liechtenstein

Liechtenstein's tax system is known for its simplicity and attractiveness to both individuals and businesses. The principality offers a competitive tax environment, which is one of the pillars of its economic prosperity. Corporate taxation features a low uniform tax rate on profits, making it a favorable location for international companies. Personal income tax, while progressive, is capped at a rate that is considered low compared to European standards, thereby supporting both residents and expatriates living in Liechtenstein.

Additionally, Liechtenstein does not levy any estate taxes, gift taxes, or wealth taxes, which adds to its appeal as a financial hub. The VAT system in Liechtenstein is aligned with Switzerland, given their customs union, ensuring that businesses face a straightforward process when it comes to indirect taxation. Another notable aspect of Liechtenstein’s tax regime is the absence of capital gains tax on private sales of securities and real estate, under certain conditions, which encourages investment and financial growth.

The country has also established a comprehensive network of double taxation agreements, enhancing its attractiveness for international businesses and investors seeking to minimize tax liabilities. Liechtenstein's commitment to financial transparency and compliance with international standards is evident in its participation in the Automatic Exchange of Information (AEOI) and adherence to OECD guidelines.

For those interested in deeper insights into Liechtenstein's tax system, including the latest tax tools and tables to aid in financial planning and compliance, our tax hub offers a comprehensive array of resources. These tools are designed to help navigate the complexities of taxation in Liechtenstein, ensuring individuals and businesses can make informed decisions.