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Switzerland is a highly developed country located in western Europe, surrounded by mountains and landlocked. Switzerland is a federal republic that consists of 26 autonomous cantons. This particular country is an international financial center in which enterprises operating in the international market are opened. Why Switzerland is the center of business, and how profitable is it to do business there? Find out more at https://www.swisscompanyformation.ch/.
Benefits of registering a company in Switzerland:
good reputation and undisputed authority in international markets;
rapidly developing economy
stable currency
high level of personal data protection;
transparent legal system;
normal taxation;
reliable service industry.
Why is it worth starting a business in Switzerland?
In just 3 months, you can apply for a residence permit, having received a place of residence at a very high level. To obtain a residence permit, you need a small package of documents and it is not necessary to pass exams for knowledge of the language or history.
For residents, the country offers favorable taxes. The tax system can seem complicated because each canton has its own taxation. Individuals in Switzerland pay income tax based on their income. For example, in Geneva from .8% (income up to 21 thousand Swiss francs) to 21% (income over 614 thousand).
There are two types of companies operating in Switzerland. You cannot open a company without a residency in Switzerland. If this problem is solved, one of the registration forms should be chosen: Limited Liability Company, GmbH, Srl (Gesellschaft mit beschrankter Haftung, Societe a responsabilite limitee) or Joint Stock Company, AG, SA (Aktiengesellschaft, Societe anonyme).
Limited Liability Company (GmbH, Srl)
company with a registered capital of 20,000 francs
this form of legal entity is in demand among small and medium-sized businesses.
registration is easier and cheaper than for JSC.
Joint Stock Company (AG, SA)
company with a registered capital of at least 100,000 francs
one person can become a founder of a society.
with an amount of authorized capital of 1 million francs, the company pays a stamp duty (1%) of the registered amount.
   4. Ease of registration.
To begin with, you need to collect documents and solve several issues:
choose a name,
determine the location of the company,
prepare a charter and an organizational agreement,
open a bank account and deposit funds to
register your company with the state register.
Company registration costs approx. CHF 10,000 francs. If you think that you will not be able to cope with all the cases, you can contact the specialists who will take over most of the cases and will reduce your participation in registration to a minimum. It will save you, time, nerves and money.
   5. The working conditions are very simple.
the office must be located in Switzerland.
the minimum share capital is 100 thousand Swiss francs. francs
one person must live in Switzerland and have a residence permit status
the minimum number of directors and shareholders in the company is 1
What business is profitable and in demand in Switzerland?
If you are wondering in which field to start, then tourism, or rather the hotel business, is a good choice. Switzerland, due to its wonderful climate, fabulous nature, attracts wealthy tourists, therefore the profitability of hotels and companies is at a high level.
Foreigners often open enterprises in the fields of pharmaceuticals, the production of luxury goods, for example. clothing, accessories, catering (restaurants, bars, coffee shops), agriculture, financial services or technology and innovation.
Starting a business in Switzerland will require a lot of investment and a good preparation of a business plan. Another thing is to come up with ideas for innovation. Then it is possible that you will be interested in one of the foundations that are looking for people who are ready to learn and with bright minds.