Foundation in Poland or in Vaduz? What is the real price of the founder's peace?
The article discusses the consideration of Polish founders looking for foreign foundations in jurisdictions like Liechtenstein for better asset protection and stability amidst geopolitical uncertainties.
The introduction of family foundations into Polish law in 2023 marked a significant milestone, yet many founders are still eyeing foreign jurisdictions that offer greater stability, predictability in rulings, and asset protection not available in Poland. Geopolitical instability has made jurisdictions such as Liechtenstein, Malta, Luxembourg, and the Netherlands appear as 'safe havens' for asset protection. The article raises questions about the effectiveness of these jurisdictions and the true costs associated with ensuring peace of mind for founders.