The underlying legal code in SWITZERLAND is civil law (swiss) law. You will want to get some local advice as to how to best structure a company in SWITZERLAND. E-signatures are allowed.
The country code CH is for SWITZERLAND and the most common company type type in SWITZERLAND is an AG (plc), GmbH (LLC).
The amount you'll have to wait is about 7 Days to put together the paperwork and file an AG (plc), GmbH (LLC) in CH. The types of cash you can use to setup your business is most commonly any legal currency.
Yes, one is allowed to re-domicile an AG (plc), GmbH (LLC) from CH. You are usually allowed to change the jurisdiction of the company, pending certain procedures.
There must be at least This means it is not possible for you to own an AG (plc), GmbH (LLC) in SWITZERLAND as a sole shareholder. You must have other shareholders, they can be nominees or de facto shareholders. Corporate Shareholders are encouraged, which means you can have a corporate shareholder. Foreign ownership is tolerated, up to 100% of the total equity of the company.
A legal entity is only required to have one director. Moreover, corporate directors are not permitted. Directors can have some expectation of privacy, as they are not disclosed publicly. There is a requirement to have annual meetings of shareholders.
A registered office is a requirement, whom the company will pay yearly, for a legal services company which can receive a service of process on behalf of the registered legal entity. Furthermore, a corporate secretary is not always necessary, at least not by law.
There is a legal obligation to file accounts on a yearly basis. On that note, there is no requirement that these accounts be audited.
Thin capitalization rules are in effect. A company is thinly capitalised when there is a greater proportion of debt than equity. The minimum capitalization for a Switzerland Civil law (Swiss) is 20,000.
A corporate director is not permitted, meaning this country is not a good option if you are setting up a structure where you want to protect director liability.
The directors are not disclosed in the public registry of Switzerland, Federal Commercial Registry Office. Shareholders are not disclosed in the Federal Commercial Registry Office.
Typically companies take 7 days to setup and there are 1 director(s) required and 2 shareholder(s) required at the time of incorporation.
Overall we think Switzerland is a good option and have given it a score of 79 as an IO score, using the Incorporations.IO proprietary formula.
7 Daysto form