Switzerland Business Insights: The Opening Company Process

Switzerland is rather a sort of enigma when it comes to fintech companies. The country is home to some of the most friendly and lenient laws when fintech
Victor Lafarge
A detailed guide is essential for beginner business people. The article consists of the basic rules and conditions for the upcoming launch of the business. First, it is essential to register a service (goods) provider. If you want to avoid problems while setting up a company in Switzerland, focus on a few peculiarities:
  • ways of document processing;
  • options for managing the established enterprise;
  • existing benefits and advantages.
The adopted algorithm is a guide that brings you closer to the goal. Before registering an organization, it is recommended to analyze competitors' successes. Based on the results, the decision to create is supported by facts. Professionals say how to assign the enterprise code and determine the appropriate form.

What is the level of difficulty to start a business in Switzerland?

The regions set the rules, which are different. So, the level of complexity of registration depends on this. Based on this, launching a business project can be both simple enough and quite complicated.
First, you need to apply for a Switzerland company code assignment. The procedure is conducted online. The state website processes the application and enters the data into the system. The availability of information is limited, and the unique name cannot be repeated.
For opening company in Switzerland, you need to fulfill the following conditions:
  • write the charter;
  • choose a form of management;
  • set up a commercial account;
  • make investments;
  • hire employees.
The amount of the non-refundable fee for processing the business owner's application depends on the chosen business form. We will discuss below how to choose a legal structure and how to start a business in Switzerland. Also learn about limited partnership in Switzerland.

What types of Swiss companies are available in Switzerland?

Regardless of which option you choose, you will need to create a business plan, conduct research, and confirm the availability of capital. Selecting one of the proposed business structures to provide services legally is necessary. If we talk about existing legal structures, you can register company Switzerland such as:
  1. Individual enterprise. The management of the company is concentrated in the hands of one person. It is an excellent option for small business in Switzerland. The foreign owner is offered a simplified reporting system and no mandatory registration as a legal entity.
  2. Partnership. Now the number of managers has increased from two or more people. There is no corporate tax because the payment is made separately from the profits received.
  3. Limited partnership. Starting a company in Switzerland of this form means that at least one of the partners has unlimited liability. The same applies to other shareholders: at least one has limited liability.
  4. Joint Stock Company. The peculiarity of this form is the payment of corporate tax. In addition, it is necessary to register the company as a legal entity.
  5. Limited Liability Company. Investors must be registered in the commercial register. In addition, starting a business in Switzerland requires the registration of a director and a shareholder who resides in the country.
  6. Cooperative. Owners form a system of transparent governance with a minimum of 7 members. Decisions are made on the council, and all members have the right to vote.
Switzerland business is a particular approach to settling responsibility if more than one person manages the company. Consultants will help you to choose the best legal form for your future firm. Use the contact information on the page to get in touch with them.

We hope that this has provided all of the base information you need to know before opening company process. If you require some more assistance with understanding the opening company process, or any other business model or legal entity, then feel free to reach out to one of the Goldblum and Partners legal team.