Offshore Switzerland

Open Offshore Switzerland

Official language: Swiss, French, German, Italian

Organizational and legal forms of companies:

1. Business partnerships
2. Business companies.

Capital: Bern

Largest cities: Geneva, Zurich

Government type: federal republic

Legal system: Romano-Germanic system

Currency: Swiss franc

Offshore registration - cost and renewal, as well as additional services:

Short description of jurisdiction: Switzerland – This is a country located in the center of Europe. There are four official languages and fairly easy taxation, so many entrepreneurs want to open an offshore Switzerland. Also, this country is attractive for its stability in political and financial terms.

What is included in the cost of company registration and renewal:

1. Consultation from our employee, who will help you better understand all the features of registering a company in Switzerland.
2. Identification of the identity of the beneficiary (for this we need some documents).
3. Payment of state fees and charges.
4. Corporate support and full legal support.
5. Services of an experienced notary.
6. Drawing up a power of attorney for our employee, which you must sign.
7. Many people want to buy an offshore Switzerland, we offer a separate list of services for you.

Required documents from the beneficiary:

1. Director's foreign passport
2. Constituent documents.

Documents provided after registration:

1. Certificate of registration.
2. Certificate of issue of shares.
3. Authenticated articles of association.
4. Print.

Working algorithm:

1. Conducting a professional consultation, during which you will learn how to open an offshore Switzerland and what is needed for this. If you have any questions, we will be happy to answer them.
2. Conducting a mandatory Due Diligence procedure (identification of the beneficiary).
3. Customer payment for our services.
4. Collection and execution of all necessary documentation in order to open or buy an offshore Switzerland.
5. Apostille, as well as legalization of all necessary documents.
6. Conduct payment of fees and charges that are mandatory.

Jurisdiction Benefits:

1. Switzerland has a high international reputation.
2. The cooperative tax rate is quite low.
3. Some company forms can be used to open a holding.

Disadvantages of jurisdiction:

1. At least one director of the company must be resident in Switzerland.
2. You will have large administrative expenses each year.
3. A financial report must be filed with the tax authorities every year.

In what schemes it is usually used: As a rule, a company in Switzerland is opened in order to expand an existing business in Europe and bring it to a higher level in order to pay dividends and royalties in order to open holding to protect your assets.

List of banks in jurisdiction:

1. Swiss National Bank
2. Credit Suisse.
3. Banque Cantonale Vaudoise.
4. Compagnie Bancaire Helvétique.

Company requirements:

1. The minimum authorized capital in a company can be from 20 thousand to 100 thousand Swiss francs.
2. There must be at least one shareholder (individual or legal entity, depending on the chosen legal form).
3. At least one of the directors must be resident in Switzerland.
4. No secretary needed.
5. You must have a registered legal address in the country.

Prohibited activities: Banking, reinsurance, insurance and trust activities can be carried out by companies only after registration of special licenses.

Taxation system: Please note that Switzerland has a so-called three-tier taxation system, that is, there are municipal, federal and cantonal taxes. The federal tax is 8.5%, the cantonal tax depends on the profit received and ranges from 6 to 31%. There are also taxes at the source: on interest (35%), on dividends (35%), on payments to affiliates (0%), on royalties (0%), VAT (7.6%). There is also a tax on capital: the federal one is 0%, the municipal and cantonal – from 0.3 to 1.3%.

Corporate law:

1. Swiss code of obligations.
2. Code of Obligations.
3. Civil Code

Requirements for filing a report: A financial report must be prepared and filed with the tax authorities annually.

Possibilities for immigration to the jurisdiction: Open a business or buy a company in Switzerland. Also, a residence permit in this country can be obtained after purchasing real estate here.

Double tax treaties: So far, Switzerland has already signed 70 double tax treaties (including Ukraine).

Tax Information Agreements:

• It takes two to three weeks to fully open a company in Switzerland.
• Please note that Switzerland has two levels of legislation (federal and cantonal). If you are going to open an offshore in this country, you need to take this into account.

You may also be interested in the jurisdiction: Offshore Belize

Our other offers:

In order to starting a business in Hungary, do I need to travel to the country?

Yes, in order to register a company, you usually need to be present in person, but in some cases it is possible to complete the procedure remotely.