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Comparison of selected legal systems
AttributeLiechtensteinReviewedIcelandReviewed
Legal familyCivil lawCivil law (Nordic)
System of governmentSemi-constitutional hereditary monarchy with direct democracyUnitary parliamentary republic
ConstitutionConstitution of the Principality of LiechtensteinConstitution of the Republic of Iceland
In force since19211944
CapitalVaduzReykjavรญk
Official languagesGermanIcelandic
CurrencySwiss Franc (CHF)Icelandic krรณna (ISK)
Population40,000390,000
Division of powersA unitary state of eleven communes, which retain a constitutional right of secession. Power is shared between the Prince, the Landtag and the electorate: 1,000 citizens can demand a referendum on a law and 1,500 can initiate a constitutional amendment. EEA membership adds a supranational layer supervised by the EFTA Surveillance Authority and the EFTA Court.Parliamentary government with a directly elected President who holds a suspensive veto that can trigger a referendum, and an independent three-tier judiciary.
How law is madeA bill is debated and adopted by the Landtag, then requires the sanction of the Reigning Prince, whose refusal is absolute and not overridable. Statutes may be subjected to a referendum on the demand of 1,000 citizens or of the Landtag itself, and are published in the Landesgesetzblatt.Bills pass three readings in the Althingi and are signed into law; if the President withholds signature the act still takes effect but must be put to a referendum.
Legal professionRechtsanwรคlte are admitted by the Liechtenstein Bar Association after a law degree, a supervised traineeship and the bar examination; qualifications from Austria and Switzerland are widely recognised. Trustees (Treuhรคnder) are a distinct and significant regulated profession given the importance of foundations and asset structures.Lawyers qualify through a law degree and practical requirements; rights of audience are tiered from district court up to the Supreme Court.

A comparison table flattens nuance by design. Where a difference matters to a decision you are making, open both portals and read the section in full โ€” the constitutional detail behind a one-line summary is often the part that governs the outcome.