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Your guide to the employment landscape, working customs and local labor laws in Liechtenstein.
Capital
Vaduz
Currency
Swiss franc (CHF)
Languages
German
GDP per Capita
$185,083.30
Employer Tax
7.4%
Payroll Frequency
Monthly
Liechtenstein is a European microstate located near Switzerland, to which the country shares the same national currency. They are characterized as having a prosperous, free-enterprise economy and have been a member of the European Free Trade Association (EFTA) and European Economic Area (EEA) since the 90’s. Their strategic location and active participation with the European organizations have brought forth many small to large businesses in the country, thereby, resulting in the country having one of the highest per capita income worldwide.
Major economic hubs:
Schaan, Vaduz, Triesen
Skills in demand:
Local: 1
World : 3960
Local: 2
World : 8915
Local: 3
World : 9082
OstJob.ch ; TopJob ; Jobscout24
20,110
Top Local Job Boards:
Top Local Job Boards
Number of LinkedIn users:
Number of LinkedIn users
Top Recruitment Agencies:
Below are average monthly salaries for some positions in Liechtenstein:
Job Title | Average Monthly Salary (in CHF) | Average Monthly Salary (in USD) |
Accountant | 3,750 | 4,060 |
Software Engineer | 5,100 | 5,521 |
Financial Analyst | 7,240 | 7,838 |
Graphic Designer | 3,380 | 3,659 |
Project Manager | 6,380 | 6,907 |
Sales Manager | 8,970 | 9,711 |
Customer Service Representative | 1,940 | 2,100 |
Liechtenstein’s labor law empowers employers to provide the best for their employees and business. But it also requires that businesses observe the minimum requirements indicated in their employment code. The following section will guide you through the country’s employment provisions.
Employment contracts in Liechtenstein must be written in the German language. The contract must contain the complete details of the employee’s job description, duties and responsibilities.
The probation period for new employees in Liechtenstein is generally one month
Date | Name | Type |
1 Jan | New Year’s Day | National holiday |
6 Jan | Epiphany | National holiday |
2 Feb | Candlemas | National holiday |
19 Mar | St Joseph’s Day | National holiday |
10 Apr | Easter Monday | National holiday |
1 May | Labour Day/May Day | National holiday |
18 May | Ascension Day | National holiday |
29 May | Whit Monday | National holiday |
8 Jun | Corpus Christi | National holiday |
15 Aug | Liechtenstein National Day | National holiday |
8 Sep | Nativity of Our Lady | National holiday |
1 Nov | All Saints’ Day | National holiday |
8 Dec | Feast of the Immaculate Conception | National holiday |
25 Dec | Christmas Day | National holiday |
26 Dec | St Stephen’s Day | National holiday |
Type of Leave | Time Period | Mandatory |
Annual Leave | 4 weeks | Yes |
Sick Leave | 360 days | Yes |
Maternity Leave | 20 weeks | Yes |
Payroll cycle
Salaries in Liechtenstein are released monthly.
Minimum wage
There is no minimum wage rate required for employees in Liechtenstein.
Overtime pay
Overtime work in Liechtenstein must be compensated with an additional 25% on the employees’ regular hourly rate.
Type of Contribution | Tax Rate |
Old age, survivors’, and disability insurance | 4.9% |
Family compensation fund | 1.9% |
Unemployment insurance | 0.5% |
Occupational accident insurance | 0.1% |
Type of Contribution | Tax Rate |
Old age, survivors’, and disability insurance | 4.7% |
Unemployment insurance | 0.5% |
National tax rate | Single person’s income (CHF) | Deduction from result (CHF) | Single parent’s income (CHF) | Deduction from result (CHF) | Married couple’s income (CHF) | Deduction from result (CHF) |
Personal exemption | 15,000 | – | 22,500 | – | 30,000 | – |
1% up to | 20,000 | 150 | 30,000 | 225 | 40,000 | 300 |
3% up to | 40,000 | 550 | 60,000 | 825 | 80,000 | 1,100 |
4% up to | 70,000 | 950 | 105,000 | 1,425 | 140,000 | 1,900 |
5% up to | 100,000 | 1,650 | 150,000 | 2,475 | 200,000 | 3,300 |
6% up to | 130,000 | 2,650 | 195,000 | 3,975 | 260,000 | 5,300 |
6.5% up to | 160,000 | 3,300 | 240,000 | 4,950 | 320,000 | 6,600 |
7% up to | 200,000 | 4,100 | 300,000 | 6,150 | 400,000 | 8,200 |
8% above | 200,000 | 6,100 | 300,000 | 9,150 | 400,000 | 12,200 |
The general VAT in Liechtenstein is 7.7%
A 13th month pay is not mandatory in Liechtenstein.
Below are some of the benefits for employees in Liechtenstein:
Employment contract under an indefinite period may be terminated by either the employer or employee. In both cases, a notice period must be observed. However, a notice may not be necessary if the decision to terminate is due to a just cause or when an employment contract is under a definite period.
The Notice Period for employees under the trial period is seven days. For employees outside probation, the notice period will be 1 to 3 months.
Severance Payment will be based on what is agreed upon in the severance contract. An employee’s outstanding benefits such as leaves and bonuses will be included in the calculation.
Foreign employees must secure a work permit from the Liechtenstein’s Migration Office to legally work in the country. The work permit will be valid for a year and can be renewed.
Additionally, a residence permit must also be obtained to be able to stay in the country. Liechtenstein has an annual quota of 72 residence permits being issued every year, of which, 56 are allotted for foreigners who have gained rightful employment. Residence permit is valid for 5 years.
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