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Registration of a company in Switzerland
- Price:25 000 CHF
- Term:1 month
Switzerland is a reliable repository of all global financial flows. The richest country, which is famous for its neutrality, high economic stability, banking sector. Establishing a company in Switzerland is not a cheap procedure, but it is a high-profile and beneficial in tax planning, with the right approach. The jurisdiction has a high image, close trade and economic ties with Europe, which makes it attractive to foreign investors. For several years in a row, it deservedly leads the ranking of the best countries in the world for business. In recent years, the country has also begun to actively develop in the fintech and crypto direction.
It is profitable to open your business in Switzerland in such areas as financial companies, agricultural activities, IT, Fintech, international trade, holdings.
- identification of the client according to the KYC procedure
- selection of a unique name
- registration procedures
- payment of the registration fee
- services of a legal address for a year
- services of a local director - a citizen of Switzerland for 1 year
- power of attorney under notarization and apostille
- notarization of director's documents for opening an account
- preparation of a package of corporate documents
- legal and tax advice
- one courier delivery
- verification of the company's compliance with all compliance and KYC criteria
- legal support of the company
- services of a legal address for a year
- services of a local director - a citizen of Switzerland for 1 year
- payment of state annual fees
- legal and tax advice
- 1Switzerland is not an offshore zone, but a prestigious status jurisdiction
- 2High security and stability of the country
- 3Ideal for large holdings and multinational corporations
- 4More than 100 signed tax agreements, including with Ukraine
- 5Possibility to have a company and an account in one jurisdiction
- 6Support for IT and fintech activities at the state level
- 7One of the lowest VAT rates in Europe
- 8Information on AG shareholders of the company is confidential
- 9Establishment of a company in Switzerland is possible without visiting the country (by proxy)
The Swiss tax system is very different from the classic European one. The country is divided into 26 cantons, which in turn are divided into municipalities, so there is a three-level taxation. Corporate tax rates are paid at 3 levels of administrative units: federation, canton, municipality. The single federal rate is 8,5%. It is also supplemented by rates at other levels, their total set often does not exceed 25%, and in some cases it can be about 12%. Each canton is independent, has its own constitution, legislation and taxes. Accordingly, the general corporate tax of the company will differ from canton to canton. Holding structures do not pay corporate tax at the cantonal level, but are subject to a supply of 8,5%.
For tax purposes, we recommend considering the cantons of Zug, Nidwalden, Lucerne. Zug is popular among crypto investors for its stakes, the so-called Crypto Valley is located here with more than 50 start-up projects in the field of ICO.
Tax rates on passive income (dividends and interest) can be optimized through double taxation agreements, in the case of Ukraine it can be reduced to 5%.
Mandatory VAT registration by the payer is required if the company has a turnover of more than
100 000 CHF/year.
Opening a business in Switzerland is possible in such forms as: private entrepreneur, partnership, joint-stock company, limited liability company, cooperative, branch.
For non-residents of Switzerland, the most suitable options for opening a company are Limited Liability Company (GmbH) and Joint Stock Company (AG). The first is used for small and medium-sized businesses, and the AG form is suitable for large business structures and projects.
- Capital - the minimum amount is set at 20 000 CHF. The entire amount must be paid before registration.
- Shareholder (participant) – at least one private or corporate person of any residency.
- Director - at least one private person with Swiss residency. Subsequent directors may be non-residents. We provide support in corporate management to comply with local legal requirements.
- Secretary - the legislator does not require, if desired.
- Auditor – position and availability is mandatory.
- The register of beneficiaries - planned to be created in 2023, information will be disclosed only to the competent authorities.
- Available information - about the name, legal address, amount of the authorized capital, director, participants.
- Substance requirements – not applicable.
- Legal address - must be located in the country of incorporation, where the company's accounting records will be kept.
- Capital - the minimum amount is set at 100 000 CHF. At least 50% must be formed on a temporary account before the incorporation procedure. Full payment of the authorized capital is recommended.
- Shareholder – at least one private or corporate person of any residency.
- Director - at least one private person with Swiss residency. Nominee service provided. Subsequent directors may be non-residents.
- Secretary - the legislator does not require, if desired.
- Auditor – position and availability is mandatory.
- The register of beneficiaries - planned to be created in 2023, information will be disclosed only to the competent authorities.
- Available information - about the name, legal address, amount of authorized capital, director. Shareholder data is confidential.
- Substance requirements – not applicable.
- Legal address - must be located in the country of incorporation, where the company's accounting records will be kept.
All Swiss companies of the form GmbH and AG are required to keep accounting records and submit annual financial statements to the tax authorities.
Large enterprises are also subject to mandatory audit if they meet any two criteria from the list for two years in a row:
- annual turnover over 40 000 000 CHF;
- the value of the assets exceeds 20 000 000 CHF;
- more than 250 employees.
Companies that are registered as VAT payers also prepare quarterly VAT returns.
- 3 desired company names
- description of directions for future work
- business plan
- national and foreign passports of the shareholder, translated into English under notarization
- confirmation of the address of registration of the shareholder (for example, a utility bill receipt)
- certificate from the bank where the personal account is opened, in English, indicating the name, surname and address of the shareholder
- CV-resume in English