If you’re considering setting up a business in Switzerland, you should be aware of the requirements for company formation. There are a number of steps involved in the process, and these can vary depending on the type of business you want to start.
First, you must choose a canton. Switzerland is a very business-friendly country. You can conduct legal activities in a wide variety of ways, and the government does not restrict the types of businesses you can start.
The next step involves presenting the articles of association to the public notary. These documents will give information about the shareholders, the purpose of the company, and the governing bodies. In addition, they must include the name and address of the business’s registered office. This is a very important part of the company’s legal structure.
After obtaining the required documents, you’ll have to sign the application and register the company. Once you’ve registered, your business will become a legal entity, and you will need to open a bank account. Usually, you can set up a corporate bank account with a Swiss bank, and this is a necessary step.
Depending on the type of company you’re starting, you may need to pay an incorporation fee. Most companies cost between 500 and 2000USD, but there are also special fees for certain services. Besides paying the registration fees, you will also have to pay stamp duty and legal advice.
Next, you will need to make a partial capital deposit in order to establish your company. For the stock corporation, you’ll need a minimum of 20,000 CHF, and for the limited liability company, you’ll need to pay a minimum of 20,000 CHF as well. Regardless of the amount of money you’re putting into the company, you’ll need to deposit it in a corporate bank account.
Finally, you will need to submit your company’s documents to the Tax Register. Unless you’re a limited liability company, you’ll have to pay tax on the money you earn, so it’s very important to have a tax-efficient structure.
As a business owner in Switzerland, you’ll need to register your company with the Cantonal Commercial Registry. To do so, you’ll need to fill out a Stamp Declaration Form. It’s a quick and easy procedure.
In fact, you can swiss company formation in a day, and the process is straightforward. However, there are some things to consider, so you should consult with an expert to ensure you have everything in place before you launch your new business.
For instance, you’ll need to have at least one director who is a resident of Switzerland. A foreigner who is permanently living in the country can also serve as a director.
While the Swiss government doesn’t limit the kinds of businesses you can set up, you should be sure to adhere to all laws. Any errors in your company formation will hinder your chances of opening an account. And if you do end up in trouble,