RESERVATIONS BY LIECHTENSTEIN Sample Clauses

RESERVATIONS BY LIECHTENSTEIN. LIECHTENSTEIN Sector: All sectors Sub-sector: Legal source or authority of the measure: Gewerbegesetz (Act on Commercial Law) of 10 December 1969, LR (Systematic Collection of Liechtenstein Law) 930.1, and relevant laws as mentioned in Article
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RESERVATIONS BY LIECHTENSTEIN. Sector: All sectors Sub-sector: Level of Government: National Legal source or authority of the measure: Gewerbegesetz vom 10. Dezember 1969 (Act on Commercial Law of 10 December 1969), LR (Systematic Collection of Liechtenstein Law) 930.1 and the relevant laws with regard to categories mentioned in Article 2, paragraph 1 of that Act as well as relevant Parliament or Government decisions. Succinct description of the measure: The establishment of a commercial presence by a juridical person (including branches) is subject to the requirement that no objection for reasons of national economy (balanced proportion of national and foreign capital; balanced ratio of foreigners in comparison with the number of resident population; balanced ratio of total number of jobs in the economy in comparison with the number of the resident population; balanced geographic situation; balanced development of the national economy, between and within the sectors) exists.
RESERVATIONS BY LIECHTENSTEIN. Sector: All sectors Sub-sector: - Legal source or authority of the measure: Gewerbegesetz (Act on Commercial Law) of 10 December 1969, LR (Systematic Collection of Liechtenstein Law) 930.1, and relevant laws as mentioned in Article 2, paragraph 1 of that Act, as well as relevant Parliament or Government decisions. Succinct description of the measure: The establishment of a commercial presence by a juridical person (including branches) is subject to the requirement that no objection for reasons of national economy is made (balanced proportion of national and foreign capital; balanced ratio of foreigners in comparison with the number of resident population; balanced ratio of total number of jobs in the economy in comparison with the number of the resident population; balanced geographic situation; balanced development of the national economy, between and within the sectors). Purpose or motivation of the measure: To ensure a balanced development of the national economy taking into account the specific geographic situation of the country, its limited resources and the small labour market.

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