A Swiss subsidiary
is a legal entity that has its capital either entirely owned or partially owned by foreign companies but is entirely governed by Swiss law. Normally the foreign parent company owns the majority of the share capital and is in control of the management of business operations. The foreign ownership is also who controls the creation of new contracts and employee hiring.
Foreign companies are in control of elaborating the articles of association of the business and are in charge of the decisions to open
a subsidiary in Switzerland.