If you're thinking of
registering a company in Switzerland, you are making a good choice. The country
is ranked 81st in the Doing Business 2020 survey. As a result, more foreign
entrepreneurs are moving to Switzerland to launch their businesses. Despite the
bureaucratic requirements, Switzerland's low costs and excellent business
environment make the country an attractive choice for a new business.
The most common form of
business in Switzerland is the Swiss company. This legal entity is separate
from its owners and is completely independent. It is also governed by a board
of directors, each of which is a resident of Switzerland. There is a minimum
amount of shareholders' equity, which must be CHF 100,000. You will need to
comply with a number of formal incorporation procedures, including the
submission of documents and filing annual reports. The registration process can
take from two to four weeks, depending on the size of the business and the
nature of the products or services you are planning to sell.
Among the various forms
of company in Switzerland, the sole proprietorship and limited liability
company are the most popular. A sole proprietorship is the simplest and most
inexpensive option. After receiving a first customer order, it is a legal
entity. A sole proprietorship will have to enter the commercial register if
annual revenues reach CHF 100,000. A company number will be issued and will be
publicly visible. You can also choose a name for your business using your
surname.
There are many reasons
why you should register a company in switzerland. There are countless
opportunities, particularly if you're looking to expand abroad. If you're
planning to expand your business, registering a company in Switzerland is a
wise move. While you'll be required to select the most suitable legal structure
for your business, it's worth noting that there are several different types of
business forms available in Switzerland. Some are more appropriate for foreign
companies than others.
When you're ready to
register a company in Switzerland, you'll need to choose the name of your
company. It should be legally distinct from other companies in the same sector.
If you're planning to use the same name as a Swiss-based company, make sure
that the two words don't conflict with each other. Then, you'll have to choose
a name that's unique in switzerland.
While most companies
have to choose a legal form, they can choose a name that is easy to remember. A
Swiss company must be a registered entity in the country before they can be
incorporated. Its charter capital must be at least two hundred CHF. The legal
form of the company will determine the exact type of management and how many
directors and officers there will be. Once you've chosen a name, the next step
is to set up the corporate structure.
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