How to set up a business in Switzerland
27 Oct , 2023 - Fiduciaria Lago
Fondamental steps needed to start a business in Switzerland
Switzerland is known for its economic stability, advanced financial system and strategic position in Europe. Starting a business in this country can be an attractive opportunity, but it is important to be well prepared to navigate through the laws and procedures. In this guide, we will explore the key steps to successfully starting your business in Switzerland.
Choosing the type of activity
The first step in the process of starting a business in Switzerland is to decide on the type of legal entity that best suits your needs. Some of the most common options include:
- Limited Guarantee Company (SAGL): this is one of the most popular forms for small and medium-sized enterprises. It offers limited liability for the owners and ample flexibility in administration. Società Anonima (SA): this is the ideal choice for larger companies. It requires minimal share capital and offers greater credibility in the market. Individual Entrepreneur: if you are a freelancer or sole proprietor, you can start your own business without setting up a company.
- Società Anonima (SA): questa è la scelta ideale per le imprese di dimensioni maggiori. Richiede un capitale azionario minimo e offre una maggiore credibilità nel mercato.
- Imprenditore Individuale: se sei un libero professionista o un imprenditore individuale, puoi avviare un’impresa in proprio senza dover costituire una società.
Company Incorporation
Once you have chosen the legal form, you will have to proceed with the incorporation of the company. This step requires the preparation of the necessary documents, including the company's articles of association, the appointment of board members and registration with the Swiss Commercial Register. An experienced Swiss trust accountant can guide you through this complex procedure.
Minimum share capital
Per alcune forme giuridiche, come le SA, è richiesto un capitale sociale minimo di CHF 100’000, mentre per le SAGL il capitale minimo ammonta a CHF 20’000. Assicurati di avere i fondi necessari a disposizione.
Permits and licences
In Switzerland, some activities may require special authorisations or licences. Be sure to check the specific requirements for your activity and obtain all necessary authorisations before starting operations.
Opening a corporate bank account
A crucial step is to open a corporate bank account in a Swiss bank. Switzerland is known for its high-quality banking system, and a corporate account will provide a solid financial basis for your business.
Taxation and Fiscal Policy
Switzerland has a complex tax system, with significant variations between cantons. It is essential to understand the taxes and tax obligations associated with your business and to consider the support of a tax accountant to optimise your tax situation.
Legal and Fiscal Assistance
Starting and running a business in Switzerland requires a good knowledge of local laws and tax procedures. An experienced Swiss tax accountant can play a key role in ensuring that your business is fully compliant with laws and regulations.
In conclusion, starting a business in Switzerland offers many opportunities, but requires careful planning and compliance with local laws. Working with an experienced trust accountant is a wise step to ensure the long-term success of your business in this stable and economically prosperous country.
If you need assistance or advice, do not hesitate to contact us for support in setting up and running your company in Switzerland.
