Liechtenstein, a land of registered companies, industrialized free-enterprise economy, Industries, Tourism and wine

+ 300 people live in Liechtenstein, one of the few countries in the world with more registered companies than citizens.

Liechtensteinbilled as taxes paradise has developed a prosperous, highly industrialized free-enterprise economy and boasts a financial service sector as well as a living standard.

Liechtenstein participates in a customs union with Switzerland and employs the Swiss franc as the national currency. The country imports about 85% of its energy.

Industries include electronics, textiles, precision instruments, metal manufacturing, power tools, anchor bolts, calculators, pharmaceuticals, and food products.

Liechtenstein produces wheat, barley, corn, potatoes, dairy products, livestock, and wine.

Tourism accounts for a large portion of the country's economy. Since 1923, there has been no border control between Liechtenstein and Switzerland.

The government of Liechtenstein taxes personal, business income, and principal (wealth).

The foundation is registered in the name of a Liechtensteiner, often a lawyer. This set of laws used to make Liechtenstein a popular tax haven for extremely wealthy individuals and businesses attempting to avoid or evade taxes in their home countries.