The Protected Cell Company (PCC) under Liechtenstein law – Issuance of Segment Shares

The PCC is not an actual legal form, but an organisational form, by means of which companies can be divided into different segments ...

The PCC is not an actual legal form, but an organisational form, by means of which companies can be divided into different segments (also called cells). The assets of the individual segments are separated from each other and from the core assets. A PCC is particularly recommended for the acquisition, management and disposal of investments in other companies (subsidiaries).

If the PCC is a stock corporation, own shares may be issued for individual segments, so-called segment shares. Since the legal basis with regard to the issue of segment shares is ambiguous, Dr. Scheiber is currently in contact with the Liechtenstein Commercial Register in order to find a common understanding.

The relevant legal provisions on the PCC can be found in the Liechtenstein Persons and Companies Law (PCL) and are available at www.gesetze.li.