Limited Liability Company (GmbH / Sàrl)
Stock Corporation (AG / SA)
| General | ||
|---|---|---|
| Type of Company | AG | GmbH |
| Average timeframe to set up a new company | 1 - 2 weeks | 1 - 2 weeks |
| Average timeframe to activate shelf company | N/A | N/A |
| Migration of domicile possible? | Yes | Yes |
| Corporate Requirements | ||
| Standard authorised share capital | CHF 100,000 | CHF 20,000 |
| Bearer shares allowed? | Yes if share capital fully paid up | No |
| Minimum number of shareholders | One | One |
| Minimum number of directors | One | One |
| Corporate directors permitted? | No | No |
| Local directors required? | Yes | Yes |
| Local meeting required? | Yes | Yes |
| Company secretary required? | No | No |
| Taxation | ||
| Corporate tax rate | variable (approx. 8% to 30%) | |
| Ordinary tax base | worldwide income | |
| Tax exemptions | special tax status may be negotiated for certain types of activity | |
| Withholding tax on dividends - tax rate | 35% | |
| Withholding tax on interest - tax rate | 35%, only in specific cases | |
| Withholding tax on licence fees and royalties | None | |
| Double taxation treaties | more than 70 | |
| Value Added Tax rate | 7.6% | |
| Disclosure and Reporting Requirements | ||
| Disclosure of beneficial owner | No | No |
| Government register of directors | Yes | Yes |
| Government register of shareholders | No | Yes |
| Annual return | Yes | Yes |
| Submission of accounts | No, only with tax authorities and certainly not open for disclosure | No, only with tax authorities and certainly not open for disclosure |
| Audit required? | depends on activities, financial accounts, total employees | depends on activities, financial accounts, total employees |
| Fees Charged By H&P Trust Company (Switzerland) AG | CHF |
|---|---|
| Initial set up fee: 1) | |
| Set up/ Incorporation fee (one time) | 4,500.- |
| Annual fixed fees: | |
| Domiciliation / Registered office fee | 2,000.- |
| Management fee : Director / Board member | |
| - for a passive holding company | 5,000.- |
| - for an active company | 7,500.- |
| Nomine shareholder fee | 2,500.- |
| Extra Service: | |
| Shared desk (monthly) | 700.- |
| Set up Tel and fax (one time) | 200.- |
| Virtual email accounts: | - set up (one time) | 300.- |
| - maintenance (yearly) | 200.- |
| Hourly fees: 2) | |
| Partner | 350.- |
| Structuring Advisor | 250.- |
| Senior Account Manager | 200.- |
| Junior Account Manager | 125 - 175.- |
| Assistant / Secretary | 80 - 125.- |
1) This fee is charged for coordinating the incorporation of the company including notary fees and fulfillment of compliance requirements in accordance with Swiss law.
2) These fees are charged per time spent for all services apart from the above annual fixed fees to keep the company in good standing in accordance with Swiss law, including but not limited to: bookkeeping, opening bank accounts, payments, registrations, drafting and filing of annual accounts, share transfers, reviewing, drafting and signing (legal) documents, correspondence authorities etc. These fees depend on the activity of the company and are invoiced periodically three times per year.
All Prices mentioned are exclusive Swiss VAT 7,6 % and disbursements.
