Switzerland has long-term international business traditions as well as a stable legal system. That is why many businesses choose Switzerland to establish their companies, branches and representative offices. Swiss taxes are moderate and the tax system is simple and transparent.
Interis AG provides its clients with comprehensive service in the process of setting up, incorporating and administering companies in Switzerland. However, our support is not only limited to the company incorporation phase. Our specialists will provide further assistance and follow your business up during its activities. This follow-up service includes managing the bank accounts, bookkeeping, reporting, audits, administrative and financial consulting and many other services.
According to the Swiss legislation, any Swiss citizen or foreign national has the right to establish a company in the Swiss Confederation and work in it (applies only to the EU/EFTA citizens) or to participate in such a company as shareholder or co-owner. For certain nationals, the registration of a company may even be a precondition to receive a residence and/or work permit in Switzerland (if required, our company will support you to receive such a residence permit). A residence permit gives its holder the same basic economic rights as any other Swiss citizen. The joint-stock company (Aktiengesellschaft - AG) is the most common Swiss company type. The AG can, for example, be used for companies active in the trading, production, holding or financing businesses and can also be set up as a subsidiary of a foreign company
Key requirements of the AG structure and taxation:
Share capital: | CHF 100,000 (at least) |
Shares: | Bearer shares or registered shares possible (from 2021 only registered shares). If bearer shares are chosen the capital has to be fully paid up. Registered shares allow a partial payment of the share capital (minimum CHF 50,000). |
Board: | The board must have at least one member. One of the Board members must be residing in Switzerland on a permanent basis. |
Executive directors: | There are no nationality restrictions for executives (such as for the Board). |
Audit: | It is not compulsory. The audit should be conducted only in the case of known specific criteria. |
Shareholders’ meeting: |
Should be convened at least once a year. Its goal is to approve the annual accounts, the decision to use the annual profits of the company and to elect or reelect the Board and auditors. Clients’ interests at the meeting can be represented by their authorized representative’. |
The AG advantages: |
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Taxation: | The Swiss tax law has three levels of taxation authority represented by the federal, cantonal and local communal taxes. For the companies with predominantly international activities, the tax payments are significantly reduced, at least on a municipal and cantonal level. |
Dividend payment: | Distributed dividends are subject to the 35% Swiss withholding tax, which can be partially or completely returned due to treaties for the avoidance of double taxation which Switzerland has concluded with many countries (in the case of a company as a shareholder a dividend statement will be enough). |
Company foundation: | It initially requires a personal meeting that is usually free of charge and not binding. It takes 10-14 days to register a company, starting from the receipt of assignment to set up a new company and payment of a required share capital. However, a bank account opening and transfer of the share capital is a must. The time required by a bank for compliance is not predictable and it will take on average at least 6 to 8 weeks. The cost of registration depends on the type of company and the range of support services. |
Interis AG offers the following services related to the establishment of AG to its clients:
Setting up and administering a Swiss AG or a foreign company
Bookkeeping, payroll accounting and auditing
E-Mail: info(at)interis.ch
Tel.: +41 44 218 51 44
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