Startups in Vaduz, Liechtenstein: 2027 guide
#460 of 1,000 startup cities · MeanCEO Index 68/100 · all startup cities in Liechtenstein
City Scores
City Total Score
0.423
Overall ranking score
Quality Score
0.04
Ecosystem quality rating
Quantity Score
0.06
Ecosystem size rating
Business Score
0.33
Business environment rating
Score Distribution
Score Comparison
How to read these scores. The total score and its three parts come from the StartupBlink Global Startup Ecosystem Index (2024 edition): quantity (how many startups, accelerators and coworking spaces), quality (traction of the best startups, unicorns and exits) and business environment (national conditions). Higher means a stronger ecosystem. The MeanCEO Index (0 to 100) is our own score of how livable and welcoming Vaduz is for women founders: ten factors rated 1 to 10, explained at the end of this page.
MeanCEO Index Click to scroll to details
Startups in Vaduz: the short answer
Startups in Vaduz grow in the capital of one of the smallest countries in Europe, with a profit tax of 12.5%, Swiss-level VAT and a token and blockchain law dated 3 October 2019. Vaduz ranks #460 of 1,000 cities in our startup city ranking (StartupBlink 2024 ecosystem scores). The scene is small and tied to the Rhine valley: the University of Liechtenstein and the Liechtenstein Technopark sit in Vaduz, and Liechtenstein pays for its founders to use the Swiss Innosuisse coaching program. Here is the catch: Liechtenstein has no startup visa, and non-EEA founders have no permit for self-employment.
Is Vaduz a good place to start a startup in 2027?
Vaduz suits EEA founders in fintech, wealthtech, tokenization and B2B services for banks and trust companies, plus industrial tech teams that sell to manufacturers in the Rhine valley. Liechtenstein passed its Token and VT Service Provider Act (TVTG) on 3 October 2019 (Lilex), and the Financial Market Authority runs a Fintech Unit that answers questions from new market players (FMA). Industrial partners sit close by: Hilti Corporation has its seat in neighboring Schaan (Hilti), and banks such as Liechtensteinische Landesbank have their offices on Vaduz’s Städtle (LLB).
It suits you less if you are a non-EEA founder, if you need a large home market, or if you want a dense startup community with daily events. EEA founders also face a cap on residence permits, part of which are drawn by lottery.
What does the Vaduz startup ecosystem look like?
- University of Liechtenstein: on Fürst-Franz-Josef-Strasse in Vaduz, with 677 students in degree programs (15 November 2025) and 9 degree programs. Its MSc Entrepreneurship, Innovation and Leadership (120 ECTS, taught in German) includes an Innovation Lab, the chance to found your own startup, and access to pitch events, mentoring and startup networks through START Vaduz. The university also offers an MSc Innovative Finance.
- Liechtenstein Technopark: at Schaanerstrasse 27 in Vaduz, it hosted the first Liechtenstein Innovation & Startup Forum on 11 September 2026, organized by the Office of Economic Affairs with the University of Liechtenstein, OST, Switzerland Innovation Park Ost and Startfeld to connect students, startups and established companies (Switzerland Innovation Park Ost).
- Startfeld: the startup support of Eastern Switzerland, run by Switzerland Innovation Park Ost, has a location in Buchs, across the Rhine in the canton of St. Gallen. It offers advice, coworking, a non-dilutive package of CHF 18,000 and seed financing of up to CHF 500,000. Check eligibility first, since its programs target Eastern Swiss startups.
- FMA Fintech Unit: the regulator’s contact point for fintech questions, reachable at fintech@fma-li.li.
Where do founders in Vaduz find funding?
- Innosuisse Start-up Coaching: since 28 March 2022, startups based in Liechtenstein and people planning to found one can apply on the Swiss platform for Initial, Core and Scale-up Coaching. Liechtenstein bears the program costs, and coaching vouchers across all three programs can reach CHF 130,000. The Office of Economic Affairs answers Liechtenstein-specific questions.
- Innosuisse projects: under the agreement renewed on 26 January 2021, companies based in Liechtenstein stay eligible for Innosuisse projects, also without Swiss partners, and Innosuisse can support Liechtenstein startups with a science and technology focus case by case.
- Startfeld seed money: up to CHF 500,000 as a convertible loan or equity, for startups that fit its Eastern Swiss focus.
We found no public startup fund or founder grant run by Liechtenstein itself, and the National Administration’s website blocked our checks, so ask the Office of Economic Affairs directly.
How do you register a company in Liechtenstein?
Startups use the limited liability company (GmbH). Minimum capital is CHF 10,000, or €10,000 or US$10,000, fully paid in, and a stock corporation (AG) needs CHF 50,000 (Persons and Companies Act, Art. 122). At least one board member with authority to manage and represent the company must be an EEA national (or a person with equal status by treaty) holding a license under the Trustee Act. Companies that must appoint a business manager under the Trade Act are exempt (Persons and Companies Act, Art. 180a). Founders without such a license fill that seat with a licensed trustee. The company is entered in the Commercial Register; we could not confirm current registration fees.
What taxes does a startup pay in Liechtenstein in 2026?
- Corporate income tax: 12.5% of taxable net profit (Tax Act, Art. 61).
- Minimum tax: CHF 1,800 a year, credited against the income tax. It is waived for companies that run a commercial business and whose balance sheet total averaged no more than CHF 500,000 over the last three years (Tax Act, Art. 62).
- Notional interest deduction: companies deduct a standard return on modified equity, set at 4%, as a business expense. The deduction cannot create or increase a loss (Tax Act, Art. 5 and 54).
- VAT: 8.1% standard, with a reduced rate of 2.6%, matching Switzerland’s rates (VAT Act, Art. 25, Swiss Federal Tax Administration). Swiss voters decide on 29 November 2026 on raising Swiss VAT by 0.4 points from 2028 at the earliest (admin.ch); watch whether Liechtenstein follows.
Which visa can a foreign founder use to move to Vaduz?
Liechtenstein is in the EEA and Schengen and has a special arrangement that limits who can settle (Free Movement of Persons Act). There is no startup or founder visa.
- EEA nationals can get a residence permit for self-employment if they meet the professional and business requirements for the planned activity. Permits last up to 5 years (Free Movement of Persons Act, Art. 19 and 20).
- Permit caps: the government can cap the number of permits, and part of the permits for EEA nationals are handed out by lottery in a two-stage draw (Free Movement of Persons Act, Art. 10 and 37).
- Non-EEA nationals: the Foreigners Act admits them for paid employment only, as managers, specialists or qualified workers, after proof that no suitable worker is available locally. We found no permit for self-employment in the act (Foreigners Act).
Pros and cons for founders in Vaduz
Pros
- A flat 12.5% profit tax, and no minimum tax for small commercial companies.
- Liechtenstein pays for Innosuisse coaching worth up to CHF 130,000.
- A token law since 2019 and a regulator with a dedicated Fintech Unit.
Cons
- No startup visa, no self-employment permit for non-EEA founders, and a lottery for part of the EEA permits.
- Every company needs a licensed EEA trustee on the board.
- A small home market, so customers and investors come from Switzerland, Austria and beyond.
What does Vaduz offer women founders?
We found no women-founder program in Liechtenstein with 2026 dates. The Innosuisse coaching that Liechtenstein pays for is open to every founder based in the country, and the University of Liechtenstein’s Innovation Lab and START Vaduz are open to its students. Across the border, the Female Founders Initiative Switzerland runs a free community for female founders in Switzerland with 600+ members on its map, monthly online sessions and the FF+ Accelerator, a fit for founders who also have a Swiss base.
FAQ about startups in Vaduz
Can a non-EU founder start a company in Vaduz?
Not with a founder permit. Liechtenstein has no startup visa, and the Foreigners Act admits non-EEA nationals only for paid employment. A non-EEA founder can own a Liechtenstein company, which still needs a licensed EEA trustee on its board.
What is the corporate tax rate in Liechtenstein?
12.5% of taxable net profit. The CHF 1,800 minimum tax is waived for commercial companies with an average balance sheet of no more than CHF 500,000.
Where can startups get support in Vaduz?
Through Innosuisse coaching, which Liechtenstein pays for, the University of Liechtenstein, the Liechtenstein Technopark and Startfeld across the Rhine in Buchs.
Sources (checked October 2026)
- University of Liechtenstein and MSc Entrepreneurship, Innovation and Leadership
- Switzerland Innovation Park Ost: Liechtenstein Innovation & Startup Forum
- Switzerland Innovation Park Ost: Startfeld
- liechtenstein.li: Innosuisse coaching for Liechtenstein startups
- liechtenstein.li: renewed Innosuisse agreement with Switzerland
- FMA: Fintech contact
- Token and VT Service Provider Act (TVTG)
- Hilti Group
- Liechtensteinische Landesbank
- Female Founders Initiative Switzerland
- Persons and Companies Act (PGR)
- Tax Act (SteG)
- VAT Act (MWSTG)
- Swiss Federal Tax Administration: VAT rates
- admin.ch: Swiss VAT vote of 29 November 2026
- Free Movement of Persons Act (PFZG)
- Foreigners Act (AuG)
MeanCEO Index for Vaduz, Liechtenstein 🇱🇮
Vaduz is a small capital with a strong finance sector, an Alpine setting and a young startup scene. Here is how it scores for female entrepreneurs on the ten factors of the MeanCEO Index.
1. Weather ☀️
- Score: 6/10
- Vaduz has a temperate climate with a fair number of sunny days, especially in summer. Winters are chilly, which moves networking indoors.
2. Location 🏔️
- Score: 5/10
- Vaduz is far from the ocean, and its Alpine backdrop offers beautiful nature and outdoor sports. Beach access is missing, unlike in coastal startup hubs.
3. Women Friendly 👩💼
- Score: 8/10
- Liechtenstein’s culture is respectful toward women and supports gender equality. Support aimed at women founders is still thin, and the general climate is friendly.
4. Foreigners Friendly 🌍
- Score: 7/10
- Vaduz welcomes foreigners, though settling in takes time. The slow pace and the weight on personal relationships help and slow new friendships at the same time.
5. English as a Business Language 📚
- Score: 8/10
- English is widely spoken in business, above all in finance, which helps expatriates, female entrepreneurs included, find their way. Official procedures run in German.
6. Delicious Cuisine 🍷
- Score: 6/10
- Local food mixes Swiss and Austrian influences and leans hearty more than light. Local wines and regional produce add variety.
7. Ease of Getting Married and Starting a Family 💍
- Score: 7/10
- The social environment is friendly, with many hardworking people. The small population limits options, and the slow pace of life slows dating down.
8. Medicine 🏥
- Score: 8/10
- Healthcare in Vaduz works well, with reasonable access to appointments and tests. Costs stay manageable thanks to the country’s social safety net.
9. Ease of Transportation & Traveling 🚍
- Score: 6/10
- Buses connect Vaduz with the rest of the country, with fewer options than in larger cities. There is no airport in Vaduz, so international flights mean a trip to Switzerland or Austria.
10. Startup Mindset 💡
- Score: 7/10
- Local culture supports startups, though the high-risk, high-reward mentality of bigger tech hubs is rare. Understanding of new ideas and of learning from failure keeps growing.
MeanCEO Index Score: 68/100 🎉
Vaduz offers female entrepreneurs a charming, niche base. Its friendly culture, low taxation and beautiful surroundings bring real opportunities, while the small market, strict permit rules and limited transport hold it back. EEA founders in finance and tech who want a calm base in the Alps will find a good home here.
Here’s to budding entrepreneurs finding their place in this picturesque capital! 🚀
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Resources for founders in Vaduz
- Fe/male Switch: a startup game for women entrepreneurs: build and test your startup step by step.
- Mean CEO blog: Violetta Bonenkamp on bootstrapping a startup in Europe as a female founder.
- Founder Mode On: founder mode for startup execution: tools and playbooks for running the company yourself.