A new corporate law, Capital Increase and Capital Reduction in Switzerland is set to come into force on 1 January 2023.
But what does it mean for your Swiss business and how can you take advantage of the opportunities it offers?
The new legislation is designed to improve the functioning of companies, particularly with regard to capital increase and capital reduction. The main objective is to simplify the process of corporate restructuring and to help companies engage in efficient capital management.
Switzerland is the preferred destination by most businesses wishing to expand their operations. With its low tax rates, modern infrastructure, and stable economy, companies running in the country are among the most successful in the world. In fact, it’s ranked as the world’s best country for doing business by Bloomberg Rankings.
Recently, Switzerland adopted a new DLT Regulations which sets the country as a leader in FinTech, Blockchain, DLT Technologies and other related programs. The new regulations will enter into force starting from this year.
The new year, 2020 has brought with it a raft of new laws and changes in Switzerland.
This comprehensive guide contains detailed information for entrepreneurs and legal entities interested in company formation in Switzerland. Get enlightened on all the legal processes and dodge the common pitfalls!
Establishing a new business can be a daunting task. While it's important to put much emphasis on the fulfilment of the legal requirements for company registration, the planning and execution of other elements in company incorporation shouldn't be taken lightly. This includes choosing the business location, obtaining financial resources, hiring employees among other factors.