Main Characteristics and the basic rules of 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.
|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.|
|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.