Monday, January 10, 2022

How to Open a Company in Switzerland Even If You're Not a Swiss Resident

 

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. open a company in switzerland non resident

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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