Switzerland, renowned for its stability, innovation, and favorable business environment, continues to attract entrepreneurs and investors from around the globe. If you’re considering establishing a Firmengründung in der Schweiz in this economically vibrant country, here’s what you need to know about the process and requirements involved.
Types of Companies
Switzerland offers several types of legal entities, each with its own advantages and specific requirements:
- Sole Proprietorship (Einzelunternehmen):
- Suitable for small businesses operated by a single individual.
- The owner bears unlimited liability for all business debts.
- Partnerships (Personengesellschaften):
- Includes general partnerships (Offene Handelsgesellschaft, OHG) and limited partnerships (Kommanditgesellschaft, KG).
- Partners share responsibilities and liabilities according to the partnership agreement.
- Limited Liability Company (Gesellschaft mit beschränkter Haftung, GmbH):
- A popular choice due to limited liability for shareholders.
- Requires at least one shareholder and one director, who can be the same person.
- Stock Corporation (Aktiengesellschaft, AG):
- Suitable for larger businesses with multiple shareholders.
- Requires a minimum share capital of CHF 100,000.
Steps to Establish a Company
- Choose a Business Structure:
- Select the type of legal entity that best suits your business needs and goals.
- Reserve a Company Name:
- Verify the availability of your desired company name with the Commercial Register.
- Prepare the Articles of Association:
- Draft and notarize the Articles of Association, outlining the company’s purpose, structure, and governance.
- Deposit Share Capital:
- Transfer the required share capital (if applicable) to a Swiss bank account.
- Register with the Commercial Register:
- Submit all required documents to the local Commercial Register where your company will be headquartered.
- Obtain Necessary Permits and Licenses:
- Depending on your business activities, you may need specific permits or licenses from Swiss authorities.
Tax Considerations
Switzerland’s tax system is attractive for businesses, with low corporate tax rates and various tax incentives available in different cantons (states). It’s advisable to consult with a tax advisor to optimize your tax structure based on your company’s operations and location.