The developed internet infrastructure allows many business owners to also establish their presences in the online environment, especially when it comes to different types of stores. Liechtenstein has invested a lot in the internet infrastructure in the last several years because the government is trying to transform the country into a smart nation.
Foreign investors who want to explore the developed internet infrastructure put at their disposal by the Liechtenstein authorities can open e-commerce businesses which have a high rate of success all over Europe.
In order to set up an online business in Liechtenstein one must comply with the E-commerce Law. Our company formation consultants in Liechtenstein can assist with the registration of an online business.
The main laws related to opening an e-commerce company in Liechtenstein are the Telecommunications Act and the E-commerce Law. The last one is actually the European Commission’s Directive 2003/31 which was transposed into the national legislation in order to ease the access of local companies to the European market.
Local and foreign enterprisers who want to open e-commerce businesses in the Principality must also comply with the Commercial Code as they have the obligation of registering a legal entity in order to start their activities.
There are several steps to follow when creating an e-commerce business in Liechtenstein. These are:
The business owner has the duty to ensure the protection of clients. Among the measures to be implemented for the protection of customers are setting up merchant accounts and ensuring a good customer support service.
All products sold by the online business must be accompanied by electronic contracts. Also, the company must display its registered address, the phone number and e-mail address.
For full information or assistance in registering an e-commerce company, please contact our Liechtenstein company formation advisors.