Switzerland Company Formation
- Stable economy and financial institutions
- Low taxes and the possibility of their optimization
- Easy company registration procedure
Popular company types:
- Joint Stock Company (Aktiengesellschaft, AG)
- Limited Liability Company (Gesellschaft mit beschränkter Haftung, GmbH)
Tax Rates in Switzerland
Corporation Tax in Switzerland: 16.55%
Income Tax in Switzerland: 22.5% (Kanton Zug, Gemeinde Walchwil) to 46% (Kanton Geneve), average rate 34%. These taxes do not include social security that is private and not income based.
VAT Tax in Switzerland: 7.7% / 2.5% from 01.01.2018
Region: Country in Central Europe
Language: Swiss, English
Currency: Swiss frank (CHF)
Time Zone: GMT+1
Dial Code: +41
What we can do for your Company in Switzerland
- We do all paperwork on forming the company in Switzerland
- Formation is completely remote and do not need to go to Switzerland
- Can act as a Secretary or Treasury in you Company in Switzerland
- Provide local, Swiss nominee Directors/Shareholders
- Assist with opening a bank account in Switzerland
- Registration for Swiss Taxes, VAT & EORI
- Develop a website for your business
- Create a logo of your brand
- Provide with full company administration services in Switzerland
- Arrange a mailing address for your business in Switzerland
- Arrange a virtual office for your company in Switzerland
- Telephone answering service
- Book keeping, audit & reporting to Swiss tax authority
- Preparing and submitting VAT return
- Dealing with local authority in Switzerland
- Trademark registration in Switzerland
Switzerland company formation. Switzerland International Company Registration (GmbH)
Main Characteristics and the basic rules of a Company registration in Switzerland
Like any ambitious entrepreneur, you may have desires to take your venture to zenith of success. For this, expanding company operations to foreign countries is prerequisite. However, you should choose the business expansion destination carefully. If exploring the European market is on agenda, starting business operation in a country like Switzerland is prudent. You should not get deterred by the fact that Switzerland is not a large country. It has several factors that are favored by business investors. However, to ensure you do not face much hurdle is the process, check out our Switzerland Company Formation services.
Before thinking of expanding business in any country, understanding its socio economic scene and cultural milieu is very important. The same is applicable for Switzerland. It has a multicultural and multi linguistic population. Because of this cultural diversity a lot of companies choose Switzerland as the prime test market before launching services and products in Europe.
You may choose Switzerland as business destination for its location and political stability as well. It serves as a gateway to many major countries in Europe. After starting the venture in the country and analyzing market response you can expand the operations in neighboring countries. You can easily start operation in countries like Austria, Germany and Italy later.
Switzerland has free trade agreements with more than 35 countries outside the EU, which can be favorable for you for business needs. The govt is in the process of negotiation with more countries, as it is.
The govt of Switzerland is keen on developing infrastructure, transport and communication services in the country on high priority. The 2014 – 2015 World Economic Forum Global Competitiveness Report puts the country in top 5 list for best infrastructure globally. It is a reason top pharmaceutical, tech and IT companies operate here. The well-trained workforce is another reason Switzerland attracts business investments from foreign companies.
The majority of workforce can speak English and literacy rate is high. Swiss employment laws tend to be liberal and taxation is not steep. This can be helpful for business expansion here but you may still require assistance of expert agencies. Our Switzerland Company Formation services can be of great help.
The aforesaid factors make Switzerland ideal for business startup or expansion. However, the aid of veteran agencies like BRIS group can be pretty useful for these needs. Call us today to obtain details on Switzerland Company Formation services.
- The joint stock company (Aktiengesellschaft, AG) is the most commonly used legal form of Swiss companies. Joint-stock companies have priority in obtaining funding and signing major contracts. This form of registration is beneficial for large and medium-sized companies.
The amount of the authorized capital is 100,000 Swiss francs (at the time of registration of the company, at least 20% of the shares (but not less than 50,000 CHF) must be paid).
The minimum number of shareholders to establish a company is one person.
It is possible to issue registered shares and to bearer.
The liability of shareholders for the obligations of the company is limited by their contribution to the authorized capital.
All directors, shareholders and members of the management team are appointed by the founder. There must be a majority on the board of directors of residents of the country.
The General Assembly is the supreme governing body of the society. The General Assembly is responsible for the adoption of the company’s charter, making decisions regarding the distribution of profits, for the election of the board, etc.
The Board is the executive body of the company and is formed from one or more members.
The auditing company is responsible for checking the annual financial statements and provides the board and the general meeting with an appropriate opinion.
- A limited liability company (Gesellschaft mit beschränkter Haftung, GmbH) is a simpler form of company registration.
The minimum authorized capital is CHF 20,000 (must be paid in full at the time of registration) and cannot exceed CHF 2 million.
Shareholders can be individuals and legal entities. Residence status does not matter.
The board of directors can consist of several people (one of the members must be a resident of the country).
Number of directors – at least 1 person (must be a resident of Switzerland).
The liability of the founders for the obligations of the GmbH is limited to their contribution to the charter capital.
The annual meeting of shareholders is mandatory.
The governing bodies of the company are: general meeting, management, supervisory board.
The company is required to submit financial statements, while an independent audit is not required.
|Switzerland Company Formation||Financial Advantages|
|Double Taxation Treaty Access:||Yes, Treaty Access|
|Switzerland Tax Information Exchange Agreements:||Yes, Switzerland signs Exchange Agreements|
|Account Filing Requirements:||Yes accounting / reporting requirements|
|Annual Return Filing Requirements:||No annual return/ reporting requirements|
|Audit Requirements:||Yes audit required.|
|Switzerland Company Formation||Registration Requirements|
|Share Capital:||CHF20,000(for GmbH) CHF 100,000(for AG) Minimum paid up share capital: CHF 20,000(for GmbH) CHF 100,000(for AG)|
|Classes of Share Available for Switzerland company formation:||Equity participation (for GmbH)Registered shares, preference shares (for AG)|
|Bearer Shares:||Not Allowed|
|Registered Office Required:||Yes required and must be maintained in Switzerland|
|Shareholders:||Minimum number is one|
|Directors:||Minimum number is one. Can be any nationality and need not be resident in Switzerland (however majority must be resident). Corporate directors are not allowed.|
|Your Company language:||Latin alphabet|
|Name of your Company must be ended:||“Limited”/”Ltd”, “Société Anonyme”/ “SA” , “Aktiengesellschaft”/”AG”|
|Documents required for Switzerland company formation:||A certified copy of your passport or ID and proof of your residential address dated less than 3 months.|
|Switzerland Company Formation||Restrictions|
|For Switzerland company formation you cannot use words in your company names without justification:||“Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc.|
|Restrictions on Trading:||None|
|Not permitted without a licence:||Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.|
|Switzerland Company Formation||Confidentiality and Security|
|Publicly Accessible Records:||Yes, accessible|
|Nominee Shareholders and Nominee Directors:||Yes, Allowed|
|Disclosure of Beneficial Ownership to Authorities:||No|
|Meetings of Directors and Shareholders to be held:||Anywhere|
|Stability:||Protected jurisdiction and especially great reputation.|
Switzerland – Protected jurisdiction and especially great reputation.
Popular company types: Switzerland GmbH/ SARL/ LLC/ AG/ SA/ LTD.
Time of a Switzerland company formation takes 2 weeks.
Personal presence is not required.
Documents we need from you:
PROOF OF IDENTITY
Current Valid Full Passport or Current Valid National ID Card
The copy must be certified by any of the following:
- A notary public A lawyer
- A banker Another professional person.To validate the home address of all parties mentioned in your application, please provide ONE of the following dated within the last three months, for each party:
- Original utility bill (a telephone bill [mobile telephone bills are not acceptable], electricity etc.).
- Original bank or mortgage statement from a recognised bank.
- Original credit card statement.
- Original bank reference, confirming the home address, from a recognised ban. If you are unable to supply any of these documents you should contact us.
|Region:||Country in Central Europ|
|Governing corporate legislation:||Bundesgesetz über die direkte BundessteuerBundesgesetz über die AnlagefondsBundesgesetz über die Internationale Privatrecht|
|Type of Law:||Civil|
|Currency:||Swiss frank (CHF)|
|Language of Legislation and Corporate Documents:||Swiss, English|
This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.
BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.