Company registration in Switzerland - COREDO

Company registration in Switzerland

Switzerland is located in Central Europe and consists of 26 cantons. Despite not being an EU member, it actively engages with the European Single Market and the Schengen Area through bilateral treaties. The official currency here is the Swiss franc.

Internationally recognized as one of the most developed countries, Switzerland consistently ranks within the top ten for GDP per capita, quality of life, and economic competitiveness. The local economy is underpinned by key sectors including the banking industry, pharmaceutical and chemical sectors, mechanical engineering, high-precision mechanics, and tourism. In recent years, Switzerland has also asserted itself as a prominent hub for fintech and cryptocurrency startups.

ADVANTAGES OF REGISTERING A COMPANY IN SWITZERLAND

Switzerland stands as one of the world’s foremost financial centres, concentrating up to 40% of the global capital. This makes the country an exceptionally prestigious jurisdiction for company registration. However, the advantages extend beyond its financial prominence, including:

  • Political and economic stability.
  • Favourable geographical location in the centre of Europe.
  • Legislation that is businessmen-friendly.
  • Well-developed financial infrastructure and a highly advanced banking sector.
  • High level of protection for investor assets.
  • The possibility to register a company remotely.
  • The possibility of obtaining significant tax benefits.

AVAILABLE TYPES OF BUSINESS ORGANISATION IN SWITZERLAND

The following organisational and legal forms are among the most popular in Switzerland:

  • AG — an open joint stock company. Requires a minimum of three shareholders for establishment. The authorised capital must be at least CHF 100,000 (approximately 103,000 euros), with at least half deposited into the account before registration activities commence. The company is allowed one director, who must be a resident of Switzerland. If there are multiple directors, at least half must have local citizenship.
  • GmbH, SARL, or SGL — a private limited liability company. Requires a minimum of two shareholders for establishment. The minimum authorised capital is CHF 20,000 (with a maximum of CHF 2,000,000). Requirements for directors are similar to AG.
  • Kollektivgesellschaft and Kommanditgesellschaft — partnership (general or limited liability). Can be organised by at least two partners, with no specified capital amount. The majority of managing partners must be Swiss citizens.

Additionally, foreign companies have the right to open a branch in Switzerland, but it will not be considered a separate legal entity.

FEATURES OF COMPANY REGISTRATION IN SWITZERLAND

Registering a company in Switzerland involves preparing a standard package of documents (including data of all founders, application, constituent act, and charter), which must be certified by a local notary. An official local legal address is also mandatory. If the chosen organisational and legal form requires a minimum authorised capital, a certificate from the bank confirming the required amount’s deposit is necessary. Typically, the registration process spans approximately 2 weeks.

For a seamless company registration experience in Switzerland, it is recommended to turn to the assistance of COREDO specialists. They will also assist you in navigating all the intricacies related to reporting and offer personalised consultations on any topics of your interest.

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