Switzerland Company Formation | Legislation
┬áSwitzerland Company Formation Key Points
- Directors ÔÇô Only a single resident director is needed for┬áSwitzerland company formation
- Time ÔÇô Just 3 weeks to commence your company
- Shareholders ÔÇô there have to be 2 shareholders of any nationality, you should hire two shareholders. If needed you can provide with nominee shareholders.
- Share Capital – the requirement of share capital is CHF 20,000 for┬áSwitzerland company formation
- Corporate Document Language ÔÇô In some of the districts German, Italian, or French.
- Support – We assist you all through in each and every step of Switzerland company formation using our valuable experience and AbroadBiz will also guide you with a step-by-step process to open your corporate bank.
To begin Switzerland company formation we will require the following:
- Information of the shareholders marital status, as well as spouses names
- The citizenship and address of each director of the company, their birth date, and complete name
- Name of your organization
- Shareholders address and full name
Documents you are required to provide:
- Plan of business
- Residential address proof (credit/debit card bank statement dated within the last 3 months or gas/electricity bill)
- Identity proof (photographic driving license, national identity card, and passport).
Registered Office Requirement
The company should have a registered office where documents may be officially served to every GmbH/Swiss S├árl; this should be a real address in Switzerland. However, as a part of our Standard Incorporation Package, we offer a registered office.
In Switzerland company formation, at least one director should be a citizen and there are no restrictions on citizenship, and just one director is required; to bind the organization the resident director should have solitary signatory control. A registered director has to be filed, however, this is not accessible for the public check. For purposes of tax, all Swiss citizen has to reveal their interest in the organization.
Switzerland company formation requires at least two shareholders to commence, however, there are no constraints on the citizenship or residency of the shareholders. Registers of Shareholder have to be stored, although these are not available for civic inspection.
Share Capital Requirement
- Simultaneously while conducting Switzerland company formation, the least share principal is CHF twenty thousand (┬ú13,300) and this has to be completely paid, however, once the organization is registered this fund is free to be used and the certificate is to be seen by the notary.
- The formal share cost is CHF hundred each.
We can offer you with nominee shareholders if necessary; you have to employ two shareholders.
Annual Audit and Financial Requirement
In Switzerland, it is necessary to prepare accounts; however about auditor’s appointing it is possible and if in case, organizations chose not to audit, then it should apply for ┬Ę opting out. Besides, in Switzerland, it is compulsory to file accounts and yearly return.
Switzerland Company Formation Procedure
- Provide the organization name and address
- An appeal that the Federal Commercial Registry Office find out that your organization name is exclusive
- Availability of name should be confirmed
- Submit an application at the Commercial Register office in the region of Appenzell Ausserrhoden or Zug Zurich, specifying the reach of your company
- Employ shareholders and we can give you with aspirant shareholders
- Draft Association of Articles to be drafted
- At Swiss bank open a capital deposit account
- CHF twenty thousand is the least share capital
- Board of Directors to be elected
- EU nationals or Swiss nationals, who are citizens of Switzerland should cover a greater part of the board and directors
- One of the directors should hold Swiss residency but can be of any citizenship.
Complete preliminary particulars of the company must be produced to the Commercial Register, and this will consist of particulars regarding the directors and shareholders of the company to be incorporated.
The details of the transfer of shares of the company are not displayed in a public record:
- Beneficiaries details of the organization required to be revealed to banks which holds the account of the company
- The interest of the organization administrators in the company’s shares should be revealed to the auditors, only if the company decides to choose audit
- Any resident of Swiss will have to reveal their interest in the organization for the district tax returns
- Through a notary in Swiss, any sale or purchase of shares done via a notarial deed, whilst not public, will be maintained in the notary set of rules records. Generally, any authority will only be permitted to view notarial records, if there is a case of criminal activity.