Sele Frommelt & Partner Rechtsanwalte AG
The triangle is the symbol employed by NEGELE SELE FROMMELT & PARTNER, a company that has its roots in the three sectors investment management, trust/corporate business and legal counsel/litigation.The NEGELE SELE FROMMELT & PARTNER Trust Enterprise has built up a well founded and wide-ranging knowledge base relating to partnerships, Foundations, corporations, trusts and investment management. The legal counsel and litigation services provided by the SELE FROMMELT & PARTNER Law Firm focus in particular on commercial and corporate law, international contracts and expert opinions, legal aspects of banking, investment funds and insurance as well as media and telecommunications law. The partners' long years of professional experience are the key to competent advisory support. The territory of Liechtenstein as it exists today was acquired by the Princes of Liechtenstein in 1699 and 1712. Liechtenstein was first a vassal principality under the Holy Roman Empire before becoming an independent state in 1806. In 1921 the constitutional hereditary monarchy was given a democratic and parliamentary basis, with state authority vested equally in the Prince and the people. Liechtenstein became a member of the Council of Europe in 1978 and the United Nations in 1990. Liechtenstein's active approach to foreign policy is also reflected in the decision to join EFTA in 1991 and the European Economic Area (EEA) in 1995. The EEA comprises the countries of the European Union and the EFTA countries Norway, Iceland and Liechtenstein. The agreement gives Liechtenstein access to the Internal Market without being a member of the European Union with its goal of political integration. Questions of taxation are explicitly excluded from the EEA agreement.Economic importance must also be attached to Liechtenstein's affiliation to the World Trade Organization (WTO) in 1995. After the First World War, Liechtenstein terminated the 1852 Customs Union with Austria and established close economic and foreign policy ties with Switzerland. In 1923 a customs agreement was signed with Switzerland, and one year later the Swiss franc was introduced as the official currency.The decision to co-operate with the Swiss Confederation was one of the keys to the economic upturn in Liechtenstein along with such factors as political stability, favorable taxation laws, a liberal economic system and modern provisions in the field of partnership, trusts and corporate and holding company law.Today the Principality of Liechtenstein is one of the most highly industrialized countries in the world. In addition, the country has a modern banking system with extensive links worldwide and a legally enshrined banker's duty of secrecy. That has helped establish Liechtenstein's international reputation as a center of finance and has also contributed to the above-average rates of growth enjoyed in the service sector in the last few years. Liechtenstein is now the only sovereign financial center of its type on the European continent. The country's political stability, based as it is on a balance of democratic and monarchist elements, has always been the key to a system that permits proven traditions to be effectively combined with innovative ideas.Liechtenstein has modern laws, which are in full compliance with EU requirements in the field of financial services in particular. That is a further advantage for the establishment of insurance companies and investment management companies (unit trusts) in an attractive location with full access to the EU internal market. That is the basis for our service offering:- Investment management and advisory services- Establishment, domiciliation and administration of foundations and companies- Establishment of trusteeships and fiduciary management services- Commercial, financial and taxation advisory services- Legal counsel and litigation

practice areas

General Practice

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