Page "Economy of Liechtenstein" Paragraph 0

Low business taxes-the maximum tax rate is 20 %-and easy incorporation rules have induced about 73, 700 holding or so-called letter box 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 85 % of its energy requirements.

Liechtenstein has been a member of the European Economic Area ( an organization serving as a bridge between European Free Trade Association ( EFTA ) and EU ) since May 1995.

The government is working to harmonize its economic policies with those of an integrated Europe.