As of 1 January 2024, Liechtenstein groups and companies (incl. trusts, establishments or foundations), with gross revenue of more than 750 million EUR, are subject to the global minimum tax (GloBE) of 15%, more precisely a Qualified Domestic Minimum Top-up Tax (QDMTT) and the Income Inclusion Rule (IIR) (see PwC Pillar Two Country Tracker).
In this regard, the Liechtenstein tax authority has uploaded a form for the registration of domestic business units of a multinational group of companies or a large domestic group on 9 January 2025. The registration using this “GloBE Registration Form” must be completed unsolicited within twelve months after the end of the financial year after the group enters the scope of the GloBE Model Rules. A company that falls under GloBE by the end of the financial year on 31 December 2024, must be registered by 31 December 2025.
The first Liechtenstein QDMTT and IIR return, as well as the first OECD GloBE information return (GIR), is due within 18 months (15 months for following years) following the financial year end. An extension of the deadline is available upon written request.
Further information can be found here.
