Liechtenstein eVAT Portal 2025: Key Changes to VAT Compliance

December 2, 2024

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Beginning in 2025, Liechtenstein's Value Added Tax (VAT) rules and regulations will change. The newly adopted and published amendments to the VAT Law include several significant changes and novelties for all taxable persons participating in the VAT system.

Moreover, the adopted amendments to the E-Government Act (E-Gov) affect the VAT system, should increase VAT collection efficiency, and eliminate uncertainties and complex practices.

Electronic Registration and Other VAT Rules

From January 1, 2025, all VAT transactions in Liechtenstein, including registration, deregistration, billing, and returns, will be submitted and processed through the government eVAT portal. Once the eVAT portal is launched, all previous systems in place will cease to exist and will no longer be operating.

Those who authorized other persons to settle all matters through Power of Attorney (PoA) will have to sign and issue a new PoA, as the one stored in the current system will no longer be valid.

Regarding VAT returns, the current paper forms will be replaced with electronic ones, and electronic submission of VAT returns will be the only acceptable method. The first VAT return covered by the new submission form and method will be the Q4 2024 VAT return. In addition, M12/2024 and S2/2024 VAT returns will also be submitted electronically instead of in paper form.

The Liechtenstein National Administration also issued guidelines for registering and using the new eVAT portal, including necessary steps to authorize others to use eVAT and eDelivery services. Regarding eDelivery, it is a service developed to verify received digital documents with information on legal remedies.

Conclusion

Ensuring a smooth transition from paper to digital can be challenging sometimes, but it usually represents a relief for all stakeholders in the long run.

As the implementation of new mandatory VAT requirements approaches, taxable persons should familiarize themselves with the VAT portal and its functionalities and prepare necessary in-house procedures to comply with the latest rules and regulations.

Source: Liechtenstein National Administration

What is the new eVAT portal in Liechtenstein?

The eVAT portal is a digital platform introduced by Liechtenstein's government for managing all VAT-related processes, including registration, billing, and returns. It will fully replace the existing VAT systems starting January 1, 2025.

When will the new eVAT portal go live?

The eVAT portal will be operational from January 1, 2025. From this date, all VAT transactions must be conducted electronically through the portal.

What happens to the current VAT registration and return systems?

The current VAT systems will be discontinued when the eVAT portal goes live. Paper forms and previous methods for submitting VAT returns will no longer be accepted.

Will I need a new Power of Attorney (PoA) for the eVAT portal?

Yes, any previously issued PoAs will no longer be valid in the new system. Taxable persons must issue a new PoA specifically for the eVAT portal.

How will VAT returns be affected by the eVAT portal?

From Q4 2024 onwards, VAT returns must be submitted electronically via the eVAT portal. Paper submissions will no longer be accepted, and forms such as M12/2024 and S2/2024 will also transition to the digital format.

What steps should businesses take to prepare for the eVAT portal?

Businesses should familiarize themselves with the eVAT portal's functionalities, register on the platform, update any PoAs, and adjust their internal processes to ensure compliance with the new electronic VAT requirements.

Liechtenstein

Europe

Tax Compliance

VAT Compliance and Reporting

VAT

Retail

Digital

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