Liechtenstein
Europe
How are Giftcards treated for tax purposes in Liechtenstein (VAT, single-purpose / multi-purpose)?
Liechtenstein follows EU Directive 2016/1065, although it is not an EU member state. Single-purpose Giftcards are taxed at the time of issue, while multi-purpose Giftcards are taxed upon redemption.
Is there a legal rule in Liechtenstein on the validity period of Giftcards?
In Liechtenstein there is no explicit legal regulation on the validity period of Giftcards. Under general contract law, a limitation period of three years applies. Merchants may freely set the validity period, but must clearly indicate it.
What consumer rights apply in Liechtenstein for expired Giftcards?
Under Liechtenstein law, a Giftcard expires on the stated expiry date. If no date is stated, the consumer may request a reasonable validity period.
What special rules apply in Liechtenstein to the sale, issuance, or redemption of Giftcards?
Giftcard sales in Liechtenstein are governed by general trade and consumer protection laws. Electronic Giftcards must be issued in compliance with the GDPR.