Comparative Guides

Welcome to Mondaq Comparative Guides - your comparative global Q&A guide.

Our Comparative Guides provide an overview of some of the key points of law and practice and allow you to compare regulatory environments and laws across multiple jurisdictions.

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4. Results: Answers
Talent acquisition
What is the applicable employment regime in your jurisdiction and what specific implications does this have for fintech companies?

Answer ... Labour law in Liechtenstein is mainly regulated in the Civil Code (in particular Section 1173a, Articles 1 and following), as well as in the Labour Code, in addition to supplementary statutes. The specific implications for fintech companies will depend on the individual case and whether special rules apply. In particular, major considerations in this regard include the kind of business model adopted or business activities pursued, and the area in which the player is active.

For more information about this answer please contact: Thomas Nägele from NAGELE Attorneys at Law LLC
How can fintech companies attract specialist talent from overseas where necessary?

Answer ... As a general rule, immigration to Liechtenstein is highly restricted. It is generally possible to obtain short residence permits for a one-year stay, which can be extended in exceptional cases for a further six months. Longer residence permits are more easily obtained by Swiss/EU/European Economic Area nationals than by citizens of so-called ‘third countries’. These permits are generally reserved for specialists and/or upon showing an urgent need that cannot be satisfied by a Liechtenstein citizen or a cross-border commuter.

For more information about this answer please contact: Thomas Nägele from NAGELE Attorneys at Law LLC