Understand the Jurisdictions Setup Requirement Before Proceed Your Company Registration in Switzerland
Also known as the Swiss Confederation, Switzerland is in West-Central Europe with Austria, Italy, Germany, and France being its immediate neighbours. It is one of the most developed countries in the world and ranks very highly when comes to different terms. These terms are to a quality of life, literacy, human development, economic competitiveness, and public transparency. As such, it is understandable why so many people would be interested in company registration in Switzerland. They want to form successful ventures. They also wish to enjoy the quality of life that exists in the country.
Why Start a Company in Switzerland
There are many reasons why investors are considering company registration in Switzerland, and in case you have any doubts if this a good idea, then here are some of the benefits that come with company incorporation in Switzerland:
- Switzerland has one of the most business-friendly and liberal economies in the world, and the government is pro direct foreign investments.
- The banking systems and policies in Switzerland offers incredible protection to foreign investors.
- The country is highly developed concerning infrastructure, and investors can expect to find state-of-the-art amenities to help them succeed with their investments.
- Switzerland is the headquarters of several international organizations, and this signifies security and stability in the long run.
Types of Legal Entities in Switzerland
There are various legal entities you may consider when you want to do business in and considering company formation in Switzerland. Here is a brief look at some of them:
In Switzerland, a single person owns a sole proprietorship. A sole proprietorship also bears all the liabilities of the business. For you to register this kind of entity, you must be a Swiss resident, and not necessarily a citizen. No registration with the Chambers of Commerce of Switzerland is necessary unless the business makes more than CHF 100,000 per year.
They require two or more people to form a general partnership in Switzerland. The partners will bear unlimited liability for the debts and obligations of the business. The partners must be Swiss nationals, and the Chambers of Commerce must register the business.
This is similar to a general partnership, only that the liability of the partners is limited to a certain extent.
Limited Liability Company
This is another legal entity and the most common one for investors interested in company registration in Switzerland. They require a minimum of two shareholders for incorporation, and they limit the liability of the shareholders. The minimum share capital needed for registering a limited liability company in Switzerland is CHF 20000.
Joint Stock Company
A minimum of three shareholders and share capital of CHF100, 000 needs to incorporate a joint-stock company in Switzerland. With this entity, they limit the liability of the shareholders to their contributions towards their share capital.
This is a legal entity operating in Switzerland but has affiliations with a foreign company. It may operate as a corporation or a limited liability company.
Foreign companies may also have branch offices in Switzerland which they may use for expansion purposes. With branch offices, the parent company will bear all the liabilities, though the branch offices are like Swiss companies under the law and will be under every obligation just like any other Swiss company.
This is a registered entity for non-commercial purposes in Switzerland. It can be used for research and marketing activities, but it can never be used for any profit-generating activity. In Switzerland, they are not considered as legal entities, though they operate under the rules and regulations of the domicile legislations.
Why Use Our Services
Company registration in Switzerland is a great option if you desire to establish a flourishing business in Europe. 3E Accounting is dedicated to helping global investors, corporates, and businessmen to establish various legal entities that will enable them to do business in Switzerland.
We have a team of business consultants, attorneys, and tax experts to help you take care of your banking, legal, and visa and licensing formalities during the incorporation process. We make it easy for you to set up your company in the correct manner and within a short time. Contact us today for more information about our company registration services in Switzerland.