The first step in
establishing a company in Switzerland is to obtain a C permit. This permit is
required for foreign companies without local presence. You can apply for the C
permit by filling out the application form and depositing the authorized share capital
in a Swiss bank account. Once your application has been accepted, you should
prepare the corporate documents and the Commercial Register entry. You can use
the services of experts to assist you with the process.
Once your business is
ready to begin, you must choose a legal structure for your business. The Swiss
Commercial Register requires that you have a domicile address, but you don't
need a share capital. If you plan to hire employees, it is best to hire Swiss
employees. This procedure can take anywhere from two to six weeks. However, if
you are starting a new business in a hurry, you can use an express procedure
offered by the commercial register. You can also use a virtual bank account in
Switzerland for faster transfers.
If you plan to use the
company for commercial purposes, you'll need to register it with the tax
authorities. A partnership has a tax regime that applies to personal income, so
you'll have to file for tax on your personal income as well as on the profits
and losses of the partners. If your company will have a turnover of CHF 500,000
or more, you'll need to register it with this government body. There are
specialized firms in Switzerland that can help you set up your business in
Switzerland.
Creating a company in
Switzerland is relatively easy. Unlike in other countries, there are no
residency requirements or specific licensing requirements. All you need is an
idea and a prospective market. After deciding on a legal structure, you'll need
to choose an employment permit. You'll also need to register your company in
the canton where you intend to work. All documentation must be prepared in the
local language. You can choose an SARL and a Gmbh. The former requires less
capital but does require more. The SARL has shareholders listed on the public
registry.
If you're not a
resident of Switzerland, you can still set up a company in the country. EFTA
citizens can register as a sole proprietorship in Switzerland. As long as they
are EU citizens, they don't need a C permit to work in Switzerland. The process
is usually completed within 10 days. You can consult a consultant to help you
choose the best structure for your business.
In Switzerland, it's
possible to establish a company without becoming a resident. It's important to
understand the law before starting a business. A good legal structure will make
it easier for your company to be recognized by the government. Moreover, Swiss
companies are subject to VAT, which is a tax on the provision of goods and
services in the country. As long as you're not a Swiss resident, you may still
be able to register a company as a sole proprietorship.
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