Switzerland is a federal republic and officially it is known as the Swiss Confederation: each Canton (26) is managed autonomously. Switzerland has one of the world’s most stable economies. Its political stability has made this jurisdiction a safe destination for investors, creating an economy that is increasingly dependent on a steady tide of foreign investment. Country’s small size and high labor specialization, industry and trade are the keys to Switzerland’s economic livelihood. The service sector has also come to play a significant economic role. Basically Switzerland company formation ensures and creates an internationally renowned financial center in which to live, work and run a business.
It has a variety of specialized corporate forms which can be used by international investors and multinational companies to decrease their tax bills to a considerable extent.
Who and for what should choose Switzerland Company formation:
- Entrepreneur;
- Consultants;
- International trade;
- Commerce on the Internet;
- Stockbrokers;
- For the protection of movable and immovable property;
- For inheritance purposes;
- Intellectual property holding rights.
There are different type of companies in Switzerland for foreign investors:
- The limited liability company (S.A.R.L.).
- The public limited company (S.A.).
- The partnership (S.N.C.).
- The Partnership.
- The cooperative society.
- The branch.
- The representative office.
The S.A.R.L. is the most common choice for medium and large companies.
See more information: Steps how to register your Switzerland company?
Time schedule for company incorporation in Switzerland:
Establishment | Days |
Incorporation of the company | 10 |
Delivery of original company documents | 10 – 15 |
Offshore bank account opening | 15 – 20 |
Advantages of Switzerland company formation:
- Premier Location, highly respectable;
- Sophisticated infrastructure;
- Many Cantons (Swiss counties) can have negotiable rates;
- No Disclosure of Beneficial Ownership to Authorities;
- Advance tax rulings easily obtained;
- Tax treaty network.
Disadvantages of a company formation in Switzerland:
- Relatively high cost;
- Need Swiss Resident Directors;
- For Switzerland SA 50% of authorized share capital must be paid up on incorporation;
- For Switzerland SARL authorized share capital must be paid up fully on incorporation.
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Discover also:
– The main characteristics of Switzerland company,
– What are the different types of bank accounts you can use for your Switzerland company,
– Discover other international and offshore companies,
– See the Prices for Switzerland company formation and bank account opening.