Switzerland Company Formation Tel: 0755-82148419/13823131503
Switzerland is located in the heart of Europe, gifted with a low corporate tax re-gime and a steady and reliable economy, Switzerland offers the ideal conditions for foreign investors who wish to establish a reliable and tax-effective presence.
The government favours foreign investments through a series of financial incentives - and the attention to confidentiality combined with an ideal fiscal climate make Switzerland a location particularly appealing not only for carrying on ordinary business activities - but for more so-
phisticated tax planning operations.The Swiss legal framework has also evolved since 2008 to make it easy for foreign companies to incorporate in Switzerland. A company’s board of directors is now open to any foreign participant and joint-stock companies and LLCs can be registered by a sole founder.Switzerland offers a wide range of business structures - the most common forms being the Joint-Stock Company (AG, SA) and the Limited Liability Company (GmbH, Sarl). Joint-Stock companies prove to bea particularly advantageous option, as the possibility to issue bearer shares ensure full anonymity to the shareholder.
Foreign entities also have the choice to open a branch office - a formwhich benefits from relative organizational autonomy and fiscal exemptions.
Sole Proprietorship
Anyone can start a Sole Proprietorship in Switzerland. This is probably the simplest legal form for starting a business. There are no requirements with regard to the residence, however, registration in the Trade Register is necessary when the turnover exceeds CHF 100’000 per annum. Simple income and expenditure accounts are required, together with double bookkeeping only if the revenue is above CHF 100’000. Sole Proprietorship has low running costs and is not subject to double taxation.
It must be noted, however, that the sole proprietor is personally responsible for all the debts. The name of the proprietorship should contain the name of the owner. Although there are no residence requirements,a valid working permit for Switzerland is necessary.
General Partnership (Kollektivgesellschaft-SNC)
General Partnership can be registered by natural persons who wish to carry on a commercial activity. Partnerships must be registered in the Trade Register, however, no minimum capital is required. Although partnerships can act as a legal entity, acting in court and collecting debts,
the owners are personally and collectively responsible for the debts.Taxation is also personal. Residence in Switzerland is not required and the partnership should indicate the name of one of the partners.
Limited Partnership (Kommanditgesellschaft-SCS)
This form is similar to the General Partnership - with the difference that not all founders are personally liable for the debts - the liability is limited to their investment in the partnership, with the exception of the general partner, who is personally and unrestrictedly liable. The limited partnership has the advantage, over the general partnership, to be subject to the Collective Investment Schemes Act, making it easier to collect capital for the business.
For more information about Switzerland Company Service , please do not hesitate to contact us by calling 86-755-82148419 or mailing to susiehu@citilinkia.com.