Company formation in Switzerland
Want to do business in Switzerland but don’t know how to start? Then we’ve got you covered. Starting up a business in the Swiss territory comes with some requirements.
Most foreign businesses thinking of starting a franchise or setting up a branch office in this part of Europe spend a lot of time and money because they don’t understand the procedure. We’ve been helping companies get registered and incorporated in Switzerland for close to a decade. Our company looks to ease the burden of these lengthy procedures.
We will handle all the complex procedures from registering the business name to securing your license, getting a corporate account with a Swiss bank, choosing a business form, registration with the Swiss commercial register, tax Identification, accountancy, and bookkeeping fees.
Considering Switzerland
With a small government, low taxes, an enviable safety record, efficient bureaucracy, and access to the largest free trade area in the world, Switzerland is an excellent location in which to do business.
It is known for its wealthy citizens, its mountainous countryside, and its chocolate. It’s also one of the wealthiest countries globally and one of the most politically stable economies in Europe.
So, if you’re thinking of uprooting your business and moving it to Switzerland, I’d say that’s a brilliant and commendable idea.
Form a company in Switzerland
Switzerland is one of the best places to start a business or set up a company even if you’re not a citizen of any EU member state.
Since the country embraces the principles of a free economy, citizens and foreigners can set up any form of business in Switzerland. The best thing about setting up a company here is that it takes less than a month to complete the incorporation process.
Form a business in Switzerland reliably
Even if you are a Swiss resident, we can provide you with legal advice and business recommendations that you’ll need to run a successful business in the Swiss territory.
Business formation steps
There are a few procedures that potential investors need to know to have/set up a successful company in the Swiss Territory. This list is just a highlight of the process.
For a more detailed or personalized approach, send us an email, and we’ll schedule a 30 minutes call with you. With that said, here’s a simple step-by-step process to set us a company in this part of Europe.
1st
Market research
Inquiring about the marketplace is a very crucial step to consider, especially if you’re a non-EU business. Switzerland is like other EU countries; it is an amazing place to search for business opportunities. The country boasts of 26 cantons where you can get access to more than 7 million customers.
Doing Business In Switzerland is complicated only because finding good market research data is difficult. Numerous websites claim to have information about doing business. Still, many of them are outdated, focus on insurance, are for international lawyers, are nothing more than directories, include only one canton, etc.
2nd
Choosing the company name
Investors who want to open a company in Switzerland need to choose unique company name. Prepare at least 3 variations of business names for your next business, one of which will be your company’s name.
3rd
Document preparation
Switzerland is known for its efficient administrative procedures. However, to do business here, you need to provide documents that prove the existence and nature of your business.
Companies in Switzerland are obliged to register with the commercial register by submitting some legal documents.
4th
Corporate bank account
Limited Liability Companies and other corporate businesses structures would need a corporate bank account to deposit the minimum share capital.
Corporate Bank Account (CBA) is one of the most important legal requirements for companies planning to establish a subsidiary in the Swiss Territory. If you plan on internationalizing your business, several regulated processes are required to be completed at certain stages of company development in line with Swiss laws.
5th
Tax identification number
Resident companies are levied taxes both on Federal and canton levels. Tax Identification Number (Nummer d’identification fiscale, NIF) is used by individuals and businesses to identify themselves on tax documentation.
Companies are obliged to register their business for tax Identification via the Federal Tax Administration.
6th
License acquisition
When you are conducting business in Switzerland, it is compulsory to acquire a license to conduct business. There are different types of permits for different kinds of companies.
After submitting all the required documents to the Swiss Trade register and getting your tax identification approved, you’ll be issued a business license.
Our team of professionals will offer you services to make all the registration procedures easy.
Consultation about company formation
Company formation requires some procedures that are accustomed to specialists and Professional teams. Here’s where our services come to the forefront; we offer legal assistance to individuals and corporate organizations willing to start a Company/Business.
Doing Business In Switzerland is now easier than ever with the right tools and support. Whether you want to start a business or expand your operations in Switzerland, our consultants will help you do it right.
Form a company by one of the following types of business structure:
Limited Liability Company
A Gesellschaft mit beschränkter Haftung (GmbH) is a limited liability company and the second most popular company structure in Switzerland after Public Company in Switzerland.
It is a choice for many businesses and investors because the incorporation and administration of a GmbH are straightforward to fulfill.
Public Company
A public company, or “Aktiengesellschaft” (AG), is one of the best structures for multinational corporations looking to enter the Swiss market. Foreign nationals are allowed to open an AG since there are no restrictions on the nationality or residency of the company’s shareholders.
The shareholders of the AG may be individuals or legal persons, and the use of nominee shareholders is allowed. The liability of the shareholders of an Aktiengesellschaft is limited to the unpaid amount of shares they hold within the company.
If you’re looking to go public in Switzerland but still don’t know how to get started, we’ve been helping big brands with this same issue for more than 13 years. So give us a call and watch your business go live with ease and speed.
Other formation solutions
Branch Office
There are two easy ways for a foreign entity to establish its presence in this profitable European market. They can either set up a branch in Switzerland or open a subsidiary.
Opening a branch office in Switzerland comes with fewer burdens than anyone would have thought. They are few obligations such as Taxes, minimum share capital, and other restrictions.
Companies looking to open branch offices can get assistance from Our professional team of experts who can help in satisfying all the requirements.
Every branch needs to be registered at the Swiss Companies Register. In addition, the parent company needs to provide several relevant documents, including the parent company’s identification details, its certificate of incorporation, and numbers of share capital.
Holding Company
Holding Companies do not participate in commercial activities in Switzerland. However, they own investments in other corporations and are obliged to less tax.
These types of entities require an experienced legal advisor to handle their partnership with other Corporations. Investors and business developers can contact our consultants for more information on forming a holding company and understand the tax and entitlement benefits they can receive for owning one.
Starting and establishing a Company in the Swiss Territory would require a good service from an agency with the best professionals, specialists, and legal personalities.
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