The trust enterprise, often called a "Trust reg.", is an Anglo-American corporate form which has found its way into Liechtenstein law.
It may be deployed for commercial or asset management purposes.
The structure used in Liechtenstein brings together elements of the stock corporation with those of the foundation. The trust company is a legally independent company run by a trust council under a dedicated company name, with its own dedicated assets. The supreme organ is the trustor or his legal successor, whereby their rights are inheritable and transferrable, or can be assigned. The business activities are run by the trust council.
In the case of the trust company, assets are transferred from a trustor to a trustee. The latter administers the assets in an independent legal entity in the interest of the beneficiaries.
A trust company may select any purpose permitted by law. The trust articles must specify whether the trust company is to pursue a commercial purpose or not. In this conjunction, pure holding or asset management activities are not deemed to constitute an activity pursued on a commercial basis.
The minimum capital of the trust company is CHF 30,000.00. Only the assets of the trust company are liable for its debts. The liability of the members of the company is excluded.