Opening Swiss start-ups: 2 things to know

If you want to open start-ups in Switzerland, it is a good idea to find out about all the aspects that interest you.

Undoubtedly opening start-ups in Switzerland is very convenient, this is because it is one of the world's favourite countries for doing business.

In fact, it boasts a taxation among the lowest in Europe but not only that, it is also renowned for a high quality of life.

In addition, as we said, it is convenient at the level of VAT where it has for some time now stopped at 7,7%while in Italy, it continues to rise, reaching 22%.

This fact, as we said, makes it much easier to open Swiss start-ups.

If that is not enough for you, think about the fact that more than 45,000 companies were registered in the commercial register in Switzerland in 2020.

A significant number indeed!

Opening a Swiss start-up is a quick and simple procedure.

This is because there are numerous official and private bodies available, such as GROTwhich will help you choose the most suitable form of company.

If you meet all the necessary requirements, then it will only take 2-3 weeks to open your start-up in Switzerland.

Through an accelerated procedure for a fee, it is possible to register a company in the commercial register in about five days.

Let's find out together how to open Swiss start-ups.

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Types of companies

How to open a start-up in Switzerland

Types of companies

Under Swiss law, all EU citizens have the right to open Swiss start-ups.

A Swiss company can therefore also be set up without necessarily moving in physically, but relying on professionals, such as GROTwho will take care of a lot of the paperwork for you.

If you want to open Swiss start-ups, the first step you have to take is to choose what type of company form you want to give your new company.

To get to know them better, we have decided to briefly explain them to you in detail:

  • Sole proprietorship. If you want to open small Swiss start-ups, then this is the simplest and cheapest formula for you. Here, the entrepreneur himself must be domiciled in Switzerland.
  • Anonymous Society (SA) The SA is very similar to the Italian Srl. That is, one or more persons, including legal entities, who contribute money and receive nominal or bearer shares in exchange. This represents the fastest and most viable solution for entrepreneurs. However, at least one person with the role of director must be domiciled in Switzerland.
  • Limited Liability Company (SAGL). This is a mixture of the joint stock company and the general partnership. In recent years, we can say, they have seen an important development, and this formula is now the formula of choice for the Swiss economic scenario.

To open Swiss start-ups, these are certainly the main legal forms, but there are also others.

These lesser-known corporate forms are used in special cases, but don't worry, GROT professional in the field will be able to advise you on the one best suited to you.

What you have to do is contact them, by clicking here!

In order to choose the most correct form for your business, together with GROT, you will first analyse the pros and cons of each possible choice.

This is because nothing is superficial and left to chance.

Let us now see how to specifically open a start-up in Switzerland

How to open a start-up in Switzerland

Once you have chosen the form of company that best suits your business and have established an initial capital, you need to start assessing a number of risk factors.

You can do this with experienced consultants, such as GROTwho are also able to assess the costs that the start-up will face.

As we said at the beginning, opening a Swiss start-up takes approximately two to four weeks, starting from the submission of the documentation until the legal effects take effect vis-à-vis third parties.

Generally speaking, you should know that the obligations to be fulfilled are:

  • choose the Swiss company form best suited to your business and the type of activity to be undertaken;
  • Appoint an administrator with residence in Switzerland, as required by law;
  • draft the statutes;
  • open a bank account in Switzerland: to do so, you will have to go to the bank in person with your ID and company documents;
  • proceed with registration with the Swiss Chamber of Commerce.

As you have just seen, in order to open a Swiss start-up, it is necessary to register with the Chamber of Commercewhich will subsequently be published in the FUSC (Swiss Official Gazette of Commerce).

The commercial register includes all commercial enterprises and defines the conditions that relate to the liability and representation of the enterprise.

This register you should know has a mainly dissemination function.

In fact, the central company index (Zefix) of the Federal Office of Public Access Trade Register allows you to check whether the name you want to give your name or company name is still available.

As we said, all these entries and deletions from the Chamber of Commerce register are then published in the SOGC.

Finally, in order to open Swiss start-ups, there will need to be a formal act of the notaryin order to draw up by-laws that precisely define its purpose, its legal form, its activity, and in the case of corporations, the payment of the minimum capital and the division of the share capital.

Now that you know how quick and easy it is to open a Swiss start-up, all you have to do is contact GROTwhere they will certainly be able to follow you throughout this part we have just described.

What are you waiting for, contact them, by clicking here!

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Camilla

My name is Camilla Orlandi, born in 1985. A graduate in crime and security from the Catholic University of the Sacred Heart, I love writing and travelling. I have always been passionate about enigmas, detective stories, thrillers and criminal profilers. Is this my real identity or the one I created for myself as a secret agent?!

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