Our services related to the LDF

Kaiser Ritter Partner was actively involved with the development and implementation of the LDF. The group has developed a range of services designed especially for UK clients wishing to take advantage of the LDF and all offer:

• A single point of contact LDF specialist.
• Fair and transparent pricing.
• Fast track execution.

Establishing a “footprint” in Liechtenstein

In order to take advantage of the LDF you must have a “connection” to Liechtenstein. The easiest way to do this is to open a Bank or Custody Account with our Private Bank:

• Multi currency current, fixed deposit and custody accounts.
• No minimum balance requirement, except to cover the fees.
• Same day account opening.

Alternatively, if you do not want to open a new account, you could transfer title of an existing non Liechtenstein, e.g., Swiss bank account to our Trust Company to hold either on Bare Trust or as Nominee:

• Hold existing non Liechtenstein bank or custody account.
• No minimum balance requirement, except to cover the fees.

If you already hold your account through a trust or foundation, our Trust Company also provides a Bespoke Trust Service:

• Temporary appointment as co-trustee or board member of an existing non Liechtenstein trust or foundation structure.
• So far as is permitted by the relevant proper law, the existing service provider may continue to deal with the day-to-day management of the structure.

Completing the Application

In order to complete the LDF application you will need to determine taxable income and realised capital gains from April 1999. We have a tax reporting and accounting package especially for this:

• Multiyear determination of income and realised capital gains.
• Reporting format tailored to your requirements or those of the lawyer making the LDF application on your behalf.
• Thorough understanding of Swiss style private bank/investment manager reporting.
• Excellent understanding of UK tax reporting requirements.

 

We can provide the guidance and assistance UK taxpayers need to resolve their tax situation. more