The fast-moving consumer goods (FMCG) sector is one of the most prolific industries in the economy of Liechtenstein because of the high living standards people here have. The FMCG industry also triggered the development of the trading industry, because of the large number of products which must be imported by Liechtenstein companies. Also, these companies benefit from various agreements which guarantee the access to EU and other large markets to companies in Liechtenstein. Also, the Principality has signed numerous customs treaties in order to facilitate the import and export of FMCG products.
If you are interested in starting a business in the FMCG industry, our company formation agents in Liechtenstein can offer more information on the facilities granted by the authorities when importing goods in this category.
The Commercial Law is the most important act providing for the registration of a company in Liechtenstein. Foreign and local investors can choose to open all kinds of shops of smaller or larger size in which they can retail products from the FMCG industry.
The first step to take is to prepare the incorporation documents of the company, followed by their filing with the Companies Register in Liechtenstein. Our company registration consultants can recommend the best type of structure to use for your FMCG business based on the products you intend to sell and the size of the company.
After the company formation process is completed, a business operating in the FMCG sector in Liechtenstein must obtain the approvals and licenses related to the premises of the company and the FMCG goods intended for sale.
Approvals from the municipality will be required, as well as import licenses for the goods brought into the country. Retail licenses will also be requested in order for a FMCG company to sell its products in Liechtenstein.
One should be aware of the fact that alcohol and tobacco are also considered FMCG goods, however special licenses are needed when selling them.
For full information on how to set up a company in the FMCG sector, please feel free to contact our Liechtenstein company formation representatives.