in Liechtenstein

Initial Coin Offering (Token Generation Event) in Liechtenstein as a method of crowdfunding in or through Liechtenstein does not require a license per se.

But an official authorization or approval by the competent authority (Liechtenstein Financial Market Authority, FMA) must be obtained. FMA’s fact sheets on ICO’s.

Moreover, the FMA, like the Swiss financial market authority FINMA in its ICO guidelines differentiates between utility tokens. such as those granting access to software and security tokens similar to traditional securities. The latter are subject to financial markets statutes.

Utility Token Offering will not require a license, which to be confirmed by the FMA.

Before launching your ICO you should consider and get an overview of the FMA’s requirements 
concerning your token, company structure, tax, migration, and other issues.


Preparation of your White Paper from A to Z / Review of your White Paper 

Review on 5 to 10 jurisdictions for your ICO / TGE / STO

Advice on your formation and authorization of your token prior to application with the FMA 

Receipt of approval by the FMA on your pre-ICO (private pre-sale, crowdfunding) / utility token offering

Management of your Security Token Offering

Preparation of your Terms & Conditions and internal policies


Advice on the ideal tax structure

Receipt of a written statement on your individual ICO taxation from local tax authorities 

(in the absence of a law on ICO and token taxation, a written statement on the taxation which would be applicable to your structure can be obtained from tax authorities)

of bank accounts

compliance providers


Local office



White Paper Review

from 5.000 CHF

White Paper 


Getting ruling from FMA on pre ICO (private pre-sale, crowdfunding) / utility token offering

from 10.000 CHF

Getting ruling from FMA on pre ICO
(private pre-sale, crowdfunding)
/ utility token offering

Security Token Offering Package

from 30.000 CHF

Security Token Offering 


In light of the global economic recession, we decided to provide unprecedented support 
for startups and SMEs with a 

FREE intro-consultation
and further project review

After such a review, the project receives a customized legal cost and a map with the following steps.

Schedule an e-meeting with a lawyer.


Email us to get a detailed offer.

We look forward to answering your request.