Switzerland is a jurisdiction in Central Europe with a high standard of living and a stable economy. Jurisdiction is known for its innovative spirit, high level of technological development, large financial and pharmaceutical companies, as well as a rich cultural heritage.
Benefits of Swiss
Here are some reasons why country can be an attractive choice for setting up a company:
- Stable economy: Jurisdiction has a stable and developed economy with a high standard of living and income.
- Business surroundings: Jurisdiction has a very attractive biz surroundings with a high level of competition and an efficient labor market.
- Tax system: Switzerland has relatively low taxes and also has many tax favors for businesses.
- Easy biz enrollment: Enrolling a firm in Switzerland is a fairly easy and quick procedure.
How to set-up company?
Setting up a business-company in country requires a Swiss director by Swiss laws, and the preparation of memorandum and articles. Opening a Swiss bank account and filing with the Registrar of Companies are also necessary steps. Country is divided into 26 different Cantons, with Zugge, Zurich, Geneva, Fribourg, and Lucerne being the most popular for firm registrations.
Swiss authorities ensure that business regulation is as light as possible, but firms are subject to canton (state) as well as federal laws. Cantons have regulatory and taxation powers of their own, and expert advice is necessary. Swiss banks are heavily regulated and face strict regulations to guard against money laundering and ensure compliance and co-operation with international pressures.
Types of companies in Swiss
Switzerland has several types of companies that can be incorporated in the state. Here are some of the most common company forms in state:
- Joint Stock Company: This is the most common form of company in country. It can be founded by one person or a group of persons and has a charter fund divided into shares. AG has its own owners, who are not responsible for the company’s obligations beyond their fee to the authorized capital.
- Collective firm: This is a form of partnership in which two or more partners share liability for all the company’s obligations, even if this exceeds their fee to the share capital. Each partner is liable for the actions of other partners within the company’s activities.
- Limited partnership: This is a form of fellowship in which there are two types of partners: limited partners who contribute money to the business-company but do not participate in the administration of the firm , and limited partners who contribute money and participate in the administration of the company.
You can enroll a company in state in a few steps:
- Choosing the type of firm: Each type has its own capital, director and documentation requirements, so you should carefully research all options and choose the one that best suits your business.
- Choosing a location: To enroll a business-company in country, you will need to choose a location. Each canton has its own documentation and capital requirements, so you should choose a location where you can meet all the demands.
- Company Enrollment: After selecting your company type and location, you will need to fill out a enrollment form and submit it to the relevant Cantonal Business Administration. In the form, you will have to enter the firm name, type of biz, fund, directors and other necessary info.
- Obtaining a registration certificate: If your firm successfully passes the registration process, you will receive a registration certificate that confirms your company’s legal status in country.
- Obtaining the necessary permissions and permits: Depending on your industry, you may need additional licenses.
Requirements for obtaining
In order to open a business-company in country, certain demands must be met. Here are the most important of them:
- Legal address: The corporation must have a legal address in state.
- Fund: Depending on the type of firm, a minimum capital of 20,000 to 100,000 Swiss francs is required.
- Enrolling of business-company owners: All company owners must be enrolled in the company accounting system.
- Register the company: The organization must be enrolled with the registry office and the relevant registry.
- Documentation: It is necessary to provide a number of documents, such as the firm charter, powers of managers, list of directors, sharers, etc.
- Taxes: Companies must pay taxes according to Swiss law.
- Insurance: Firms must have some level of liability insurance for damage they may cause to third parties.
These demands can vary depending on the type of firm and other factors, so it is important to get legal advice and learn more about the procedure of forming a firm in country before starting the enrollment process.
Documents that need prepare
Getting a business-company in country can depend on the type of firm you want to set up. Below are the general demands and papers that are usually required to register a company in country:
- Company Articles of Association: A document that describes the company’s structure and the distribution of rights and liabilities among sharers, directors, and other employees.
- Share capital documents: This can be a shareholder conformity that will be used to finance the company’s operations.
- Ownership documents: List of firm owners and details about them.
- Managers’ documents: These can be documents that prove the identity and experience of the company’s directors.
- Request for enrollment : This is a document that describes the purpose of the company, the type of company and other details about the company.
- Company address documents: These can be papers that prove the location of the firm, such as a lease agreement or property documents.
- Tax information: These can be documents that show how the company will be taxed.
- Licensing documents (if required): If your business requires licensing, you will need to provide the relevant documents.
- Documents that confirm the enrollment of the authority: If you are creating a legal entity, you may need additional documents that confirm the enrollment of the authority.