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Doing business & staying in touch

Personal visits and the following of all business formalities are very important. Times to avoid business visits include the Easter holiday, the second half of July and August, and the week after Christmas.

Office hours: 

Generally Mon-Fri 0800-1830.

Economy: 

The population of Liechtenstein is amongst the world's most prosperous. Financial services are the main component of the economy. Dairy and arable farming account for the bulk of agriculture. The manufacturing industry processes and recycles metals, producing machine tools and precision instruments.

The country has vital economic links with Switzerland, based upon a customs union, and uses the Swiss Franc as currency. Liechtenstein joined the European Free Trade Association (EFTA) in 1991 and the European Economic Area (EEA) in 1995. The unemployment rate was a mere 1.3% in 2002.
Although there is no conference association in Liechtenstein, a number of hotels have conference facilities and can organise conventions: Löwen in Vaduz, Schaanerhof in Schaan, Meierhof in Triesen, Kulm in Triesenberg, Gorfion and Malbuner-Hof in Malbun/Triesenberg.

GDP: 

US$3.5 billion (2004).

Main exports: 

Small speciality machinery, dental products, connectors for audio and video, parts for motor vehicles, and hardware.

Main imports: 

Agricultural products, raw materials, energy products, machinery, and metal goods.

Main trading partners: 

EU and EFTA countries, and the USA.

Staying in touch in Liechtenstein

Telephone: 

Swisscom payphones are widely available, where payment can be made by card and sometimes cash.

Mobile phone: 

Handsets can be hired at the Telecom shops in Vaduz and Eschen. Roaming agreements exist with most international mobile phone operators. Coverage is good.

Internet: 

Internet access is available in phone booths operated by Swisscom. Charges are payable by phonecard or credit card. Public access is also available at the Telecom shops in Vaduz and Eschen.

Post: 

Post to European destinations takes four to seven days, although can be delivered in one to two days if posted with the urgent service.

Post office hours: 

Mon-Fri 0730-1200 and 1345-1830, Sat 0800-1100, (Mon-Fri 0745-1800, Sat 0800-1100 in Vaduz).

Media: 

Liechtenstein's media scene is diminutive. The newspaper circulation figures barely hit 10,000.

Press: 

All are published in German.
• The two daily newspapers are Liechtensteiner Vaterland and Liechtensteiner Volksblatt.
• The two weekly papers are Apotheke und Marketing and Liechtensteiner Wochenzeitung.

Television: 

• Viewers rely on foreign and satellite broadcasters for most services.

Radio: 

• Radio Liechtenstein.

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