Switzerland
Swiss Company Registration: A Step-by-Step Guide for Entrepreneurs
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- Swiss Company Registration is an excellent strategic choice for the entrepreneur and the investor due to Switzerland’s stable economy and robust financial system. Known to all for its favorable business climate, the country stands out highly in all global indices, while the 2023 World Bank report gives it an impressive ease of doing business score of 81.5. Several businesses choose to register company in Switzerland to take advantage of Switzerland’s successful fintech and technology industries, which experienced foreign direct investments in excess of CHF 100 billion in recent years. With the Swiss Federal Commercial Registry ensuring compliance, the incorporation processes a minimum share capital set at CHF 20,000 for a Limited Liability Company (Sàrl) or CHF 100,000 for a corporation (SA). This blog provides a comprehensive overview to navigate the process of registration in Switzerland with confidence.
Steps to proceed with Swiss company registration
Step 1: Choosing the right business structure
- Prior to registering a company in Switzerland, it is quite imperative to choose an appropriately suitable business structure. The choice should be according to your business model and long-term goals. At Tetra Consultants, we provide expert advice to find the most optimal choice for the type of company, determine the amount of paid-up share capital, define the corporate structure, and identify any necessary business licenses. We at Tetra Consultants highly suggest having a Limited Liability Company (Sàrl) since it is one of the most popular and versatile forms of business in Switzerland.
Step 2: Reservation of your business name
- To ensure a seamless incorporation process, your company name’s reservation is a critical requirement. Tetra Consultants will perform an exhaustive search in the Central Business Name Index, to establish that your name is available. Once that is established, we will reserve your name for the company, paving the way for incorporation.
- Additionally, we will also provide international trademark registration services for securing your brand name globally.
Step 3: Preparing and submitting required documents
- Further, we will proceed with the collection of and submission of all the documents necessary for registering your Swiss company. Essential information on KYC, comprising names of directors, company resolution, and identification documents, will be provided in this respect.
- Subsequently, Tetra Consultants shall draft and notarize key documents like the Memorandum and Articles of Association and the business plan. Once your company is successfully registered with the Swiss Commercial Registry, we will send you all the relevant documents including your Certificate of Incorporation and corporate articles via courier to the preferred address.
Step 4: Corporate bank account opening
- The corporate bank account opening is one of the essential steps after incorporating your company. The Tetra Consultants team would help you aggregate the necessary documentation and liaise with reputable banks in Switzerland or worldwide. In the majority of cases, directors and shareholders will not need to travel to Switzerland. Should it be necessary, we will arrange for a representative to accompany you or obtain alternatives such as a conference call or waiver.
- Our wide network of banks will help connect you with the best institutions in Switzerland and other countries like Hong Kong, USA, and New Zealand. Usually, the account gets opened in a period of 4 weeks. We shall then send your internet banking tokens and access codes securely to your preferred address.
Step 5: Maintaining continuous compliance
- Once your company is established and the corporate account is opened, it becomes essential to keep up with all requirements of Swiss regulatory compliance. Tetra Consultants provides ongoing support, including accounting and tax services, in relation to ensuring that your business meets all legal obligations.
- Our team will manage your bookkeeping, prepare financial statements, and get corporate tax returns submitted on or before their deadline dates. Although Switzerland does impose an income tax, the other taxes that the business must face include the 7.7% Value-Added Tax. Tetra Consultants shall take care of these for you to ensure smooth compliance while you can run your business on the rise.
- Partner with us and have the complexities of Swiss company registration and all compliance matters carried out efficiently while enjoying your business in safe hands.
Conclusion
- Swiss company registration is a smart business choice for companies who want to benefit from the stable economy, advanced financial system, and world reputation as a business hub of Switzerland. With Tetra Consultants at your side, it turns out to be easy and efficient. From choosing the most suitable business structure and reserving your company name through essential document preparation and opening a corporate bank account, our team executes each step with precision and professionalism.
- We also offer follow-up accounting and tax obligation compliance, and regulatory obligations to ensure all functions of your company are smooth and Swiss compliant. Start your strong foundation in one of the world’s most business-friendly countries by partnering with Tetra Consultants for smooth Swiss company registration.
- Contact us to know more about Swiss company registration. Our team will revert back in 24 hours.
Tetra Consultants
Tetra Consultants is the consulting firm that works as your advisor and trusted partner in your business expansion. We tell our clients what they need to know, instead of what they want to hear. Most importantly, we are known for being a one-stop solution for our valued clients. Contact us now at enquiry@tetraconsultants.com for a non-obligatory free consultation. Our team of experts will be in touch with you within the next 24 hours.
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