Registration of companies in Switzerland.
As you know, the registration of companies in Switzerland – this is a guaranteed investment in business, because the legislation of Switzerland for many decades provides stability and prosperity. Registering your own company in Switzerland today is the most reliable, though quite costly, way to move to this country and start your own business.
Any Russian citizen has the right to register his company in Switzerland, to find a job in it, to obtain a residence permit, with the prospect of obtaining permanent residence after 10 years and citizenship after 12 years of residence in Switzerland.
Types of companies when registering a company in Switzerland.
Types of business companies with legal personality: stock corporation (Stock Corporation) and its varieties, limited liability company (Soci & t; Responsabilite Limit), as well as a limited partnership (Soci & # 233; t & # 233; de Commandit & # 233;). The latter two types of companies are not very often used by foreign investors. Companies with unlimited liability (Soci & # 233; en Nom Collectif) and individual enterprises (Raison de Commerce) can also be used.
Registration of a joint-stock corporation in Switzerland.
A joint-stock corporation (Soci? T, Anonyme or Aktiengesellschaft) is a kind of universal form used by foreign investors with the following characteristics:
The minimum number of subscribers is 3. Nominee shareholders and nominal subscribers are allowed. The minimum authorized capital is 100,000 Swiss francs, 20% of which or 50,000 Swiss francs (usually the largest amount) must be paid by depositing money into a bank deposit. The bank will monitor these funds until the company issues a registration certificate. Share capital can not be increased at one time by more than 50% of the amount of the authorized capital. Shares may be of the following types: ordinary shares, preferred shares, voting shares, shares without voting rights and may be issued with a par value. Bearer shares are also permitted to be issued. Most directors must be Swiss by nationality and reside in the country. All directors must be shareholders, regardless of whether they are the beneficial owners of these shares or nominal (in order to satisfy these requirements, it is enough to own one share). The company must have an auditor and a registered office. Persons whose names appear in the Charter are signed on behalf of the company.
The company must have an auditor, and also register and keep its accounts for each year in the company’s registered office. Small companies can prepare reports in a simplified form, which does not necessarily contain information about the company’s turnover.
Registration of a holding company in Switzerland.
The holding company is a joint-stock corporation with a certain tax status. The holding company has the advantage of lower corporate tax rates on profits, capital gains on the federal and cantonal levels, and lower tax rates on the company’s equity capital at the cantonal level.
For federal tax purposes, a company is defined as a holding company if the company holds at least 20% of the share capital of another corporation or if the market value of shares of another corporation held by the company is at least 2 million Swiss francs (known as a profit partnership (Participating Shareholding)). The reduction in corporate income tax rates depends on the ratio between the profit from Participating Shareholding and the amount of the total profit.
Although the definition of a holding company varies depending on the canton, in general terms, the corporation can be described as a holding company for the purposes of cantonal corporate income tax, provided that it has the following characteristics:
receives 51% -66% of the profit from dividends held by the subsidiary or is the holder of 51% -66% of the shares of the subsidiary.
Registration of a domicile in Switzerland.
Domiciliary companies are joint-stock corporations, which are completely controlled by a foreign state and are managed from abroad. This type of company has a registered office in Switzerland (ie at the office of a lawyer), but has no physical presence and staff in the country. The company must carry out most, and in some cases all its commercial activities, abroad and make profit only from foreign sources.
Registration of an auxiliary company in Switzerland.
Auxiliary Company (Auxiliary Company) is essentially a domicile company, which can also carry out a certain part of commercial activity in Switzerland. The existence of an auxiliary company is possible only in seven cantons, besides the company does not have any privileges at the federal level, but allows on the threshold of the celebration to order an inexpensive toastmaster for the wedding. The regime depends on the canton, but in many cases the subsidiary company can have a Swiss office, staff, and also profit from Swiss sources, which is taxed at regular rates. Nevertheless, most of the profits should come from foreign sources.
Registration of a company in Switzerland.
Service Company is a joint-stock corporation, the only possible activity of which is the technical, managerial, advertising, marketing, financial and administrative support of foreign companies that are part of the group of which the wedding photographer is a member. A serving company can not derive revenue from a third party (ie from companies that are not part of this group of corporations). The service company gets its status by raising the cantonal tax.
Registration of a mixed company in Switzerland.
A mixed company (Mixed Company) is a joint-stock corporation that has the characteristics of a domicile and holding company, but at the same time does not qualify as the company’s data. A mixed company does not have privileges at the federal level, but it can have tax benefits at the cantonal and municipal level if it meets the following conditions:
The company is controlled by a foreign state. At least 80% of the company’s profits must come from foreign sources. The company must have close relations with foreign companies.
The office of a branch of a foreign company or a Swiss company in other cantons must be registered in the Commercial Registry of the canton in which it is located. The office may have a designated representative, a Swiss resident.
The branch should publish its annual financial statements, while the branch of a foreign corporation establishes a “permanent establishment” from a tax point of view, therefore, the tax will be levied on profits from local sources at the federal and cantonal levels, even if the corporations are resident. The branch is not taxed at the source to transfer the profits of its parent company.
Registration of companies in Switzerland.