The limited liability company, also called GmbH (Gesellschaft mit beschränkter Haftung) has a requirement of 20,000 CHF in charge capital before establishment, which is due at registration. To set up
this business type, at least one party must be present and that party must be a Swiss resident. Registration on the Swiss Commercial Register is essential, and without this registration, a business is unable to perform any commercial functions. Liability of members within this business type is tired to their share of capital.
A limited liability company based in Zurich is entirely governed by its shareholders, during a shareholders meeting. The business is also able to be represented by their management board and auditors. The backbone of a GmbH is the articles of association, which hold the company regulations and its operational details, like its name, address, capital amount and motive for the establishment.