S/C/N/841  
1 December 2015  
(15-6338)  Page: 1/3  
Council for Trade in Services  Original: English  
 
  NOTIFICATION OF THE PRINCIPALITY OF LIECHTENSTEIN'S PREFERENCES PURSUANT 
TO PARAGRAPH 2 OF THE DECISION ON PREFERENTIAL TREATMENT TO SERVICES AND 
SERVICE SUPPLIERS OF LE AST-DEVELOPED COUNTRIES 
 
The following notification from the delegation of the Principality of Liechtenstein, dated 
30 November 2015, is being circulated to the Members of the Council for Trade in Services. 
 
 
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The Permanent Mission of the Principality of Liecht enstein to the World Trade Organization has the 
honour to notify to the World Trade Organization Council for Trade in Services the preferential 
treatment which the Principality of Liechtenstei n will make available to services and service 
suppliers of least-developed countries in accordance with paragraph 2 of the Ministerial Decision on Preferential Treatment to Services and Serv ice suppliers of Least-Developed Countries 
(WT/L/847, 19 December 2011) and in accordance with the Bali Ministerial Decision on the 
Operationalization of the Waiver Concerning Preferential Treatment To Services And Service 
Suppliers Of Least-Developed Countries (WT/L/918) . 
 
Preferential treatment pursuant to GATS Article XVI is granted as of the date of the notification 
and is intended to be maintained for the dura tion of the LDC Services Waiver, subject to 
limitations set out in the Horizontal Commitments section  of the Schedule of Specific Commitments 
(GATS/SC/83-A) of the Principality of Liechtenstein. 
 
 
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  S/C/N/841 
- 2 - 
  Description of preferential treatment to LD C services and service suppliers related to 
General Agreement on Trade in Services (GATS) Article XVI measures in response to the LDC Collective Request submitted on 21 July 2014:  
Sector or sub-sector Limitations on Market 
Access Limitations on National 
Treatment 
Basic telecommunication services 
 (a) Voice telephone services 
 (CPC 7521)  
(b) Packet-switched data  transmission (CPC  7523**) 
(c) Circuit-switched data 
 transmission (CPC  7523**) 
(d) Telex services 
 (CPC 7523**) (e) Telegraph services 
 (CPC 7522) 
(f) Facsimile services  (CPC 7521** + 7529**) (g) Private leased circuit 
 services (CPC 7522** + 
 7523**)   
 
1) None  
2) None 
 3) None  
4) Unbound except as 
indicated in Part I of the Schedule of Specific 
Commitments (GATS/SC/83-A) 
of the Principality of Liechtenstein. 
  
 
1) None  
2) None 
 3) None  
4) Unbound except as 
indicated in Part I of the Schedule of Specific 
Commitments (GATS/SC/83-A) 
of the Principality of Liechtenstein. 
Library services (CPC 96311)  1), 2), 3)  None 
 
4) Unbound except as 
indicated in Part I of the Schedule of Specific Commitments (GATS/SC/83-A) 
of the Principality of 
Liechtenstein. 1), 2) None 
 
3) Unbound for subsidies, tax 
incentives and tax credits.   4) Unbound except as 
indicated in Part I of the 
Schedule of Specific Commitments (GATS/SC/83-A) 
of the Principality of 
Liechtenstein.  
Translation and interpretation services (CPC 87905)  1), 2), 3) None 
 4) Unbound except as 
indicated in Part I of the 
Schedule of Specific Commitments (GATS/SC/83-A) 
of the Principality of 
Liechtenstein. 1), 2), 3) Unbound for 
translation for official purposes   
4) Unbound except as 
indicated in Part I of the Schedule of Specific 
Commitments (GATS/SC/83-A) 
of the Principality of Liechtenstein) and for subsidies, 
tax incentives and tax credits. 
 
 S/C/N/841 
- 3 - 
  Description of preferential treatment  to LDC services and service suppliers related to 
General Agreement on Trade in Services (GAT S) Article XVI measures  in sectors or sub-
sectors committed in the Schedule of Spec ific Commitments (GATS/SC/83-A) of the 
Principality of Liechten stein. In the sector or sub-sectors and the modes listed below the 
following preferential treatment applies : 
  
Sectors or sub-sector Limi tations on Market Access 
Insurance and insurance related 
services 3) Insurance companies incorporated in Liechtenstein 
must be organized as public limited company 
(Aktiengesellschaft) or as co-operative/mutual association (Genossenschaft).  
If a third-country insurer wishes to become active within 
Liechtenstein, an agency or  branch office must be 
established in Liechtenstein. The third-country insurer must 
be authorized to conduct insurance activities under the law 
of its country of incorporation.  
To be recognized for participation in the basic health 
insurance scheme, health insurance suppliers must be organized in the form of mutual associations (Genossenschaft, Verein: Versicherungsverein auf 
Gegenseitigkeit or Hilfskasse ) or foundations (Stiftung). 
 
Banking and other financial services (excluding insurance) 3) Banks and financial companies must be organized in 
the form of a limited company.  
Financial institutions other than banks and financial 
companies according to the Liechtenstein Banking and Companies Act are subject to the following licensing requirements: foreign equity ceiling of 49 per cent; foreign 
voting rights may not exceed 49 per cent; at least one 
member of the administrative body authorized to manage 
and represent must be a Liechtenstein citizen domiciled in 
Liechtenstein, be in possession of the professional license to 
act as an auditor or trustee and must work full time for the juridical person. 
 
Commercial presence of foreign financial institutions is subject to licensing requirements relating to the name of firm, duties toward the Swiss national bank and regulations 
on financial institutions in the country of origin. 
 
Hotels and restaurants (including catering) (CPC 641 - CPC 643)  3) None 
 
 
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