Swiss Ltd. Company Formation
Incorporate your company in SwitzerlandGmbH
Limited Liability Company
- Minimum capital: CHF 20000
- 1x Managing Director
Company Formation without Court Registration Fee:
4950 €
AG
Joint-Stock Company
- Minimum capital: CHF 50.000
- 1x Board of Directors
Company Formation without Court Registration Fee:
6950 €
Virtual Office Basic Package
- Basic Package
- Own phone number
- Forwarding letters
- Postal address
149 € per month
12 months minimum
Virtual Office Premium Package
- Premium Package
- Own phone number
- Personal answer in your name
- Business address
- Post receveid and Forwarding
299 € per month
12 months minimum
Contact us
Time required
- Clarification – acceptability of company name: 1 to 5 days
- Preparation of foundation documents with annexes (foundation document, Articles of Association, application to Commercial Registry, etc.): 1 to 5 days
- Clarification of domicile and auditors
- Paying in of capital
- Meeting of founding shareholders/members: less than ½ day
- Entry in Commercial Register: 5 to 10 days
The management
A corporation is usually managed by the Board of Directors as well as the managers appointed. The people authorized to sign on behalf of the company need to be entered in the Commercial Register. The management must prepare an annual report, providing information on the progress of business, the economic as well as the financial situation and any capital increases. The General Shareholder´s Meeting must be held at least once a year.
Accounting
According to the law a certain minimum structure is required when it comes to the balance sheet and income statement. It needs to comply with the principles of orderly presentation of accounts, including the completeness, clarity, materiality, prudence, continuity, etc. The company´s position shall “be able to be assessed with as much reliability as possible”.
A holding company, which exercises control over one or more companies by majority voting rights or any other way, are obliged to prepare consolidated financial statements – if it meets two of the following criteria:
- total assets of more than CHF 10 million
- turnover of more than CHF 20 million or more than 200 employees
Besides the general principles of orderly presentation of accounts, the “International Accounting Standards” or the “Generally Accepted Accounting Principles”, there are no particular consolidation rules.
Financial Management
We manage the financial and bank affairs of your business in Switzerland on your behalf.
Foundation & Trust
Trust: General Information
A trust is a business entity which is founded on the base of the trust founder’s property which is given to the trustee to manage it the way to acquire maximum income and the profits from the trust’s activity are obtained by the beneficiaries. The founder is allowed to be a beneficiary himself. All assets which a founder passes into the trust possession become a trust assets and a founder cannot be liable by them.
Trust in Switzerland
Many wealthy people prefer to establish trusts in Switzerland for the purposes of saving their assets as the state has a clear and friendly legislation and taxation with a stable financial situation.
A trust in Switzerland has some distinct advantages
- A trust incorporator stays anonymous as the constituent documents have no data of the founder
- No annual report is required for the trust activity
- No state financial control for international Swiss trusts is required
Trusts in Switzerland became more popular since 2007 when The Hague Convention about trusts was affirmed by the Swiss government.
Foundation: General Information
A foundation is the kind of a profitless organization which is incorporated by private individuals or legal entities. It can donate funds acting in interests of some other organizations or to provide its own activity to get its earnings for charity aims. A foundation can be created for support of another institutions, it can have various non-commercial goals: social, cultural, educational, charitable, etc.
There are no shareholders at foundation. The founders get no income for the foundation activity. A foundation becomes a legal entity since it is founded. Being legal entity, it is allowed to open corporate bank accounts, to create companies and to do any other business activity.
A Foundation in Switzerland
An offshore foundation in Switzerland is quite similar to a trust; the difference is that a foundation is a corporation by its legal form. A foundation can be used for protection of assets as well as trust. A foundation in Switzerland can be incorporated by private individual, a family or a group of people or a company. Foundation contributions can be not taxable; all participants of a Swiss foundation may expect the high level of confidentiality.
There are such kinds of foundation in Switzerland: public, state, private and mixed ones. Foundations can be incorporated quite easy and fast, they can be setup for a certain period of time.