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| Advantages |
- High international authority of Switzerland
- Very good jurisdiction for holding companies
- Many tax conventions signed
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| Disadvantages |
- Necessity of conducting bookkeeping
- Multilevel tax system, distinctions in the taxation in various cantons
- Rather big cost of registration and maintenance of the Company
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| Corporative legislation |
- The civil law, the Swiss code of obligations
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| Form of tax-exempted company |
- Aktiengesellschaft (AG)/Societe anonyme (SA) - public corporation, further the Company
- Gesellshaft mit beschrankter Haftung (GmbH)/Societe a responsabilite limited (Sarl) - limited liabity company
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| Taxation |
- Switzerland is divided into 26 cantons, and each canton has its' own tax system
- In general, in Switzerland there is a three-level tax system:
1) At a federal level - the federal profit tax (3.63% - 9.8%) and taxes to export of the capital (35%)
2) On canton level - the basic profit tax (8% - 35%)
3) Communes assess incomes, basically in percentage terms from canton taxes
- Depending on a kind of carried out activity, such as the company (holding, administrative and another) and canton where the company is registered, various rates of taxes to incomes are applied
- Holding companies do not need to pay taxes from received dividends holding minimum of 20% shares
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| Necessary documents for registration |
- Notaries certification report on establishment, the statute, information on payment of the statute capital
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| Name of company |
- Name of the Company should not be identical or similar to already registered name
- Words Switzerland, Europe, International, and a number of others can be used only if approved by financial commission
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| Statute capital of the company |
- The minimal signed authorized capital:
-for AG 100 000 CHF; 50 000 CHF must be paid by the moment of registration
-for GmbH - 20 000 CHF, must be paid by the moment of registration
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| Shares |
- Nominal and bearer shares with a par-value
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Shareholders
- Minimum number
- Nationality and citizenship |
- One shareholder - legal of physical person
- It is not determined
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Does the law provide for
non-disclosure of the information about actual owner of the company
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- AG - Commercial Registry does not have information about shareholders
- GmbH - Commercial Registry has information about shareholders
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Directors
- minimum number
- nationality and citizenship
- status
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- Minimum one director
- Minimum one director should be a resident of Switzerland
- All rights, except for shareholders taking place in the exclusive competence (it is determined by the statute)
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Presence in territory of Switzerland of:
- Registration office
- The registration agent
- The secretary
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- Required
- Not required
- Not required
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Holding of the meeting of
-shareholders
-director
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- Carrying out of assembly not later than 6 months on the ending of fiscal year is necessary
- Notaries certified report on establishment, the statute, information on payment of the statute capital
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Mandatory
- keeping of accounting records
- annual account
- presentation of auditor's conclusion
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- Yes
- Yes
- No, only for companies with turnover more than 50 000 000 CFH
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Information at disposal to
the third party |
- Names and addresses of directors, registration office, for GmbH also names and addresses of directors
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Documents kept at the
registered office |
- There are no requirements
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Agreements on exemption
from double taxation |
- The USA, Canada, the Great Britain, Germany, Sweden, France, Japan, Russia, Netherlands, Czech Republic, Slovakia, Luxembourg, Spain, etc.
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| Currency control |
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| Term of incorporation |
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Costs of registration of company (CHF)
- registration (without legislation of
documents by Apostille)
- registered address for a year
- director services for a year
- bookkeeping
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AG* Gmbh*
5 800 4 400
2 500 2 000
6 000 3 000
250/hour 250/hour
* - prices do not include 8% VAT
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| Financial year ending |
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| Having ready-made companies |
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