Limited Liability Company
To create a company in Switzerland the management structure has to consist of a few people, but one of the partners must be a resident of the country. The authorized capital of the enterprise can not be less than 20 thousand in local currency. At the process of company registration, the transfer of capital must be made before the moment of submitting of the constituent documents. The company must submit yearly reports, completed according to all rules of the country's jurisdiction.
All directors, shareholders and members of the management team are appointed by the company's founder. The one of Swiss resident
should be employed on the post of director. Registration of a company in this form requires the introduction of authorized capital from 100 thousand to half a million of Swiss francs. This amount is paid immediately after the registration of the business. Authorized bodies must receive a report of accounting every year, as well as company's profit and commodity turnover reports.
Foreign Partnership Branch
The registration of a business in this form is reasonable for the expansion of a business that is already exists. The founder is the main office of the enterprise, there are no requirements for the authorized capital. The main condition: one of the directorate must have a permanent place of residence in the country. Regular reporting is obligatorily, but this is only for branches that carry out certain activities.
Necessary measures for the company( same with anonym company starting
) to start functioning:
- choose and agree the name;
- determine the location of company;
- develop the regulations and constitutive contract;
- open a bank account;
- transfer the authorized capital to this account and obtain a certificate from the bank;
- register an enterprise with a record in the state register;
- open a standing account.
The cost of company registration is about 10 thousand Swiss francs. If the manager is not confident in his own abilities, it is better to use the services of specialists in the migration sphere, which will minimize the participation of the customer in the registration procedure, save nerves, time and money.