COMPANY FORMATION IN SWITZERLAND

 

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Switzerland is one of the most attractive jurisdictions for doing business in Europe. It benefits from a stable economic climate and has one of the most developed financial systems in the world. It also known for its pharmaceutical, watchmaking or tourism industries, but it has also recently positioned itself as an important hub for startup businesses in the fields of fintech or cryptocurrency. 
 




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As a general rule, the registration of a business follows the same steps, regardless of the canton where the business is incorporated, but various differences may appear; thus, when starting the procedure of company formation in Switzerland it is recommended to address to a professional team of specialists, who can ease the process of starting a business in a new location. 

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In this sense, our company is prepared to assist foreign businessmen in any of the matters that are involved in the steps of opening a company in Switzerland, regardless of the canton selected for incorporation. The company can provide legal representation during the company formation process, but it can also assist investors in matters that have to be performed once the company becomes active (audit, tax advice, tax compliance, corporate administration). 



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The team representing SIG Fiduciaire also has the necessary expertise in helping investors apply for and obtain work permits in Switzerland. Investors can request the accounting services of the SIG Fiduciaire team; our services are available for both natural persons and companies wishing to start business activities in this country and currently, investors can contact our offices set up in Geneva, Zug, Zurich and Lugano. 
 




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The procedure of company formation in Switzerland is comprised of several steps that include drafting the articles of association, completing the forms required by the company registration office, specimen signatures, passport copies and other relevant documents. It is important to know that most of the procedures regarding company formation in Switzerland must be concluded through a public notary registered in this country. Finding a registered office, opening a bank account, register for taxation purposes and hiring an accountant in Switzerland are also part of the company formation process in this country.
 



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One of the ways to start a business in Switzerland is by incorporating a Gesellschaft mit beschränkter Haftung (limited liability company). A limited liability company in Switzerland is formed by at least two shareholders with a minimum share capital of CHF 20,000, and with the liability of the members limited by their contribution to the capital. The management of the Swiss company is established by the general meeting of the shareholders and one or more directors; it is necessary that at least one of the directors to be a resident in Switzerland.




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The stock corporation in Switzerland (Aktiengesellschaft) or the Swiss SA can be establish by at least three shareholders who will provide a share capital of CHF 100,000. In a stock corporation, the liability of the members is also limited by their contribution to the company's capital; the company's management is established by the general meeting of the shareholders and by a board of managers, which is set up as prescribed by the general meeting of the shareholders. The investors must be aware that the managers must be Swiss residents and also be the shareholders of the entity.





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The general partnership in Switzerland can be set up by minimum two members, who associate in a business created for reaching a certain purpose. Prior to entering a general partnership, the members have to sign a partnership agreement which states the conditions under which the business will be developed. There is no need to submit a minimum share capital but the liability of the members on the entity’s debts is unlimited. The management decisions are taken by the members during partnership meetings.





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A limited partnership in Switzerland is formed by at least one partner who has full liability (general partner) and at least one partner with liability only up to the contribution initially brought to the entity (limited partner). Our team of specialists in company registration in Switzerland can further advise on the legal entities presented above. 



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  1. c

    hoose the most suitable type of company for your business objectives;
  2. choose a unique name for the company’s trading name -  prepare at least 3 business names for your future company out of which one will be your trading name;
  3. open a corporate bank account for future transactions - the minimum share capital of a Swiss GMBH or AS has to be deposit here;
  4. draft the articles of association and the public deed of incorporation;
  5. sign the articles of association and the public deed of incorporation at a public notary in Switzerland;
  6. fill out the Stampa Declaration Form and the Lex Friedrich Declaration Form;
  7. register your company by submitting all the documents at the Swiss Trade Register.



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