The UFL is a non-profit foundation (Art. 552ff of the Liechtenstein Law of Persons and Companies) and has its headquarters in the municipality of Triesen. The final approval by the Government of Liechtenstein in a letter dated 14 February 2007 was preceded by various stages of a regularly reviewed establishment and expansion process. Following the "Authorization to establish and manage the University of Human Sciences in the Principality of Liechtenstein" on 29 August 2000, the University was opened on 3 October 2000. On April 4, 2003, it was recognized by the government. The recognition was granted on the basis of a "peer review and in consideration of the remarkable pioneering achievements". In the summer of 2004, the university underwent a fundamental reorientation. The former teaching and research emphases in the fields of psychology and philosophy were replaced by medical, scientific and legal studies. As a result of this reorientation, in August 2006 the then University Council submitted an application to the Government of the Principality of Liechtenstein for a change of name. In a letter dated April 2, 2008, the change of name to "Private University in the Principality of Liechtenstein" was finally accepted.
The quality audit of the UFL by the accreditation agency ACQUIN was completed in 2017 and a corresponding report was submitted. The quality audit covered the study organization, the teaching materials and the teaching staff of UFL. In their published report, the evaluators confirm the strategy of the UFL and highlight the opportunities, while at the same time making numerous valuable recommendations, particularly with regard to personnel, infrastructure and organizational issues, for the further sustainable development of the UFL. Our University sees itself as a learning organization and will incorporate the corresponding suggestions and valuable input into the further development of the University.