Guide to Company Incorporation in Switzerland

 1. What is the minimum share capital for a Limited Liability Company (GmbH) in Switzerland?

In order to set up a Limited Liability Company (GmbH) in Switzerland, a minimum share capital of 20.000 CHF is required, which is about 16 500 EUR which must be paid up in a closed account at a Swiss bank before registration.

2. What is the minimum share capital for a  Joint Stock Corporation (AG/SA) in Switzerland?

A minimum capital share is required for establishing a Joint Stock Corporation in Switzerland, that is 100.000 CHF or approximately 90 000 EUR. Half of this amount has to be paid prior to registration.

3. Are there any special requirements for establishing a GmbH in Switzerland (Limited Liability Company)?

As a special requirement, the name of the company has to end in AG/SA or GmbH, according to the type of company it stands for. A company registered in Switzerland also needs to have a registered address in the country. Any company needs to have at least one director, who has to be a resident in Switzerland. 

4. How can I register for VAT in Switzerland?

A company has to register for VAT only of its annual sales are over 100 000 CHF, but it can also apply for registration if the sales are below this sum. The procedure can start after the company is registered in the Commercial Registry by filling out an application at the Local Federal Tax Administration office.

5. How can I open a bank account in Switzerland?

Banks in Switzerland are considered to be the most secure. In order to open a bank account, several documents are required together with some information.  The bank needs to know your banking needs, your economic  origin of the funds and how much you plan to deposit in the first 12 months.  A passport, a recent utility bill to validate your legal address and the documents that prove your economic background are required at the bank.

6. How can I recruit personnel in Switzerland?

Personnel can be recruited directly or through agencies and can be chosen from the country or abroad. It is important to know that foreign employees need a work permit.

7. What is the average salary in Switzerland?

Salaries in Switzerland are very high, with a median annual income that varies according to the field of the company between 75 000 and 100 000 CHF.

8. What is the overall economical situation in Switzerland?

Switzerland has a very high standard of living and a wealthy economy, with low unemployment rate and a high GDP.

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