MIRA INFORM REPORT

 

 

Report Date :

26.04.2014              

 

IDENTIFICATION DETAILS

 

Name :

LEGACON TREUHAND ANSTALT

 

 

Registered Office :

Landstrasse 99, Postfach 532 9494 Schaan, Liechtenstein

 

 

Country :

Liechtenstein

 

 

Date of Incorporation :

13.01.1998

 

 

Legal Form :

Establishment

 

 

Line of Business :

Subject is engaged in Accounting, bookkeeping and auditing activities; tax consultancy and also provides financial service activities, except insurance and pension funding.

 

 

No. of Employees

01 to 09

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

Limited with full security

 

Status :

Moderate

Payment Behaviour :

Unknown

Litigation :

Clear

 


 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

Liechtenstein

B2

B2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

 

B2

Moderate High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 


 

LIECHTENSTEIN ECONOMIC OVERVIEW

 

Despite its small size and limited natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and likely the second highest per capita income in the world. The Liechtenstein economy is widely diversified with a large number of small businesses. Low business taxes - the maximum tax rate is 20% - and easy incorporation rules have induced many holding companies to establish nominal offices in Liechtenstein providing 30% of state revenues. The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency. It imports more than 90% of its energy requirements. Liechtenstein has been a member of the European Economic Area (an organization serving as a bridge between the European Free Trade Association (EFTA) and the EU) since May 1995. The government is working to harmonize its economic policies with those of an integrated Europe. Since 2008, Liechtenstein has faced renewed international pressure - particularly from Germany - to improve transparency in its banking and tax systems. In December 2008, Liechtenstein signed a Tax Information Exchange Agreement with the US. Upon Liechtenstein's conclusion of 12 bilateral information-sharing agreements, the OECD in October 2009 removed the principality from its "grey list" of countries that had yet to implement the organization's Model Tax Convention. By the end of 2010, Liechtenstein had signed 25 Tax Information Exchange Agreements or Double Tax Agreements. In 2011 Liechtenstein joined the Schengen area, which allows passport-free travel across 26 European countries

 

Source : CIA

 

 

 


NOTE

 

In absence of financials, no credit limit could be recommended.

 

 

Company name

 

LEGACON TREUHAND ANSTALT

 

 

ADDRESSES

 

Main Address:                            Landstrasse 99, Postfach 532

Zip code/City:                             9494 Schaan, Liechtenstein

Telephone:                                  +43 423 2361911

Fax:                                           +43 423 2361915

 

Web site:                                    http://www.ospelt-law.li

E-mail:                                        info@legacon.li

WIN Worldbox No.:                     LI0000364531

 

 

Profile

 

Established:                               2010

Line of Business:                        Consulting/Auditing, Financial services

Industry Division:                        Services

Industry-code (NACE):                 6910 Legal activities

                                                  6920 Accounting, bookkeeping and auditing activities; tax consultancy

                                                  6499 Other financial service activities, except insurance and pension funding n.e.c.

Banks:                                        unknown

Employees:                                1-9

 

CNPJ:

 

                                                  -

DIRECTORS/MANAGEMENT

 

Board of Directors:

General Manager                         lic.iur.HSG Alexander Wolfgang Ospelt, Origin: Liechtenstein, Residential address: 9495 Triesen, Liechtenstein, single signature, Registered since: 13.01.1998

 

 

Official Administration:

Director                                      Patrick Fuchs, Origin: Liechtenstein, Residential address: 9494  Schaan, Liechtenstein, single signature, Registered since: 13.10.2004

Director                                      lic.iur.HSG Alexander Wolfgang Ospelt, Origin: Liechtenstein, Residential address: 9495 Triesen, Liechtenstein, single signature, Registered since: 13.01.1998

Director                                      Dr.iur. Thomas Wiedl, Origin: Austria, Residential address: 6890 Lustenau, Austria, joint signature of two, Registered since: 02.09.2013

 

 

SHARE & SHARE CAPITAL INFORMATION

 

State Register:                            FL-0001.541.407-7

Legal form:                                 Establishment

Incorporation date:                      13.01.1998

Balance sheet filing date:            -

Tax Contributor Number (CNPJ):  -

Legal status:                               active

Responsible Register:                 Öffentlichkeitsregisteramt Liechtenstein

History:                                      Date of Statutes: 14.07.2009

                                                  Date of Statutes: 06.05.2008

                                                  Date of Statutes: 18.08.2003

                                                  Date of Statutes: 25.08.1999

                                                  Date of Incorporation Statutes: 13.01.1998

 

Entry          Deleted      Name

06.05.2008                    LEGACON TREUHAND ANSTALT

06.05.2008                    LEGACON TRUST ESTABLISHMENT (Name translated)

13.01.1998  06.05.2008  LEGACON ANSTALT

 

Entry          Deleted      Legal domicile

25.08.1999                    Schaan, Liechtenstein

13.01.1998  25.08.1999  Vaduz, Liechtenstein

 

Entry          Deleted      Address

27.07.2006                    Landstrasse 99, 9494 Schaan, Liechtenstein/LI

14.10.2004                    Landstrasse 99, 9494 Schaan, Liechtenstein/LI (Business address)

 

Entry          Deleted      Capital

13.01.1998                    Establishment Capital CHF 100,000, paidup CHF 100,000

 

Entry          Deleted      Activity (original Language)

22.07.2009                    Übernahme von Übersetzungen englisch/deutsch und deutsch/englisch; Beratungen; Vermittlung von Handelskommissionsgeschäften; Erbringung von Bürodienstleistungen; Handel mit Immobilien; Erwerb und kommerzielle Verwertung von Patenten, Lizenzen und anderen Schutzrechten; Übernahme von Vertretungen. Gründung von Verbandspersonen, Gesellschaften und Treuhänderschaften für Dritte, im eigenen Namen und für fremde Rechnung und damit verbundene Interventionen bei Behörden und Amtsstellen. Übernahme von Verwaltungsmandaten gemäss Art. 180a des Personen- und Gesellschaftsrechts sowie Übernahme von Treuhänderschaften.

20.08.2003  22.07.2009  Übernahme von Übersetzungen englisch/deutsch und deutsch/englisch; Beratungen; Vermittlung von Handelskommissions- und Finanzgeschäften; Erbringung von Bürodienstleistungen; Handel mit Immobilien; Erwerb und kommerzielle Verwertung von Patenten, Lizenzen und anderen Schutzrechten; Übernahme von Vertretungen. Gründung von Verbandspersonen, Gesellschaften und Treuhänderschaften für Dritte, im eigenen Namen und für fremde Rechnung und damit verbundene Interventionen bei Behörden und Amtsstellen. Übernahme von Verwaltungsmandaten gemäss Art. 180a des Personen- und Gesellschaftsrechts sowie Übernahme von Treuhänderschaften.

13.01.1998  20.08.2003  Uebernahme von Uebersetzungen englisch/deutsch und deutsch/englisch; Beratungen; Vermittlung von Handelskommissions- und Finanzgeschäften; Uebernahme von organschaftlichen Mandaten bei Verbandspersonen und Gesellschaften; Erbringung von Bürodienstleistungen; Handel mit Immobilien; Erwerb und kommerzielle Verwertung von Patenten, Lizenzen und anderen Schutzrechten; Uebernahme von Vertretungen.

 

Entry          Deleted      Remarks (original Language)

14.10.2004                    Publishing authority: Landeszeitungen.

13.01.1998  14.10.2004  Board of directors: Ein oder mehrere Mitglieder.

13.01.1998  14.10.2004  Proclamations: Erfolgen in gesetzlicher Form.

13.01.1998  14.10.2004  Signing authority: Bestimmt der Gründer.

 

 

PAYMENT INFORMATION

 

Import and Export:

-

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Owners/-s:

Owner:                                        The company is privately owned.

 

 

FOREIGN EXCHANGE RATES

 

Exchange rate:

US$ 1,00  =  (currency)                        -  Official rate on (actual date)

 


 

ADDITIONAL INFORMATION

 

Main Activities:

The company offers services in the following areas:

- Formation and management of Liechtenstein and foreign companies, foundations and trusts

- Succession and estate planning

- Asset protection

- Asset planning

- Family office

- International trading transactions

- Establishment of holding structures

 

Staff:

1-9

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.12

UK Pound

1

Rs.102.71

Euro

1

Rs.84.52

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

NIS

 

               

RATING EXPLANATIONS

 

RATING

STATUS

PROPOSED CREDIT LINE

 

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

 

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

 

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

 

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

 

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

 

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

 

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

Credit not recommended

 

--

NB

New Business

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                  Payment record (10%)

Credit history (10%)                   Market trend (10%)                                Operational size (10%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.