Points to Consider When Starting a Small Business In Switzerland
Starting a new business can be overwhelming. However, while meeting the legal requirements for company registration is essential, other aspects of setting up a business are equally important. These include selecting a suitable location, securing financial resources, and hiring employees, among other factors.
Switzerland, An Ideal Location for Foreign Investors
In recent years, many companies have sought to maximize their profits by setting up headquarters in countries like Switzerland. This strategy is popular due to Switzerland's low taxation and favorable economic policies, making it an attractive destination for foreign investors. Continue reading to learn more reasons why Switzerland is an ideal location for foreign businesses.
Buying A Company In Switzerland
Starting a business from scratch can be challenging and time-consuming. However, you can purchase a ready-made company in Switzerland to begin your business operations quickly. The favorable government policies and Switzerland's strategic location facilitate successful business management across various industries.
Register a Company in Switzerland
Switzerland is often considered one of the best locations for incorporating a company. It is a prestigious country with a relatively low tax rate and, above all, has a plausible reputation for the quality and security of its services.
DLT regulations [2021 Update]
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 Main Legislative Changes In Switzerland 2020
Dear Clients,
With these few lines, we request your precious time to remind you of the main legislative
changes that await us from January 2020.
Who receives a UID number in Switzerland?
All companies operating in Switzerland receive a business identification number (UID). The UID number will serve as the comapny's single identification number for all contacts with the administration and other authorities.
Closing a business in Switzerland
Despite Switzerland having one of the best business environments in the world, some businesses still find themselves having to shut down their Swiss operations for various reasons. Such circumstances are usually a result of mismanagement of the company, bankruptcy, disputes or loss of interest by the investors among many other reasons. The Swiss government has put in place several laws and regulations that apply to companies undergoing insolvency and closure. These rules address issues such as the responsibilities of directors and mechanisms to utilise when declaring bankruptcy.
Insurance business in Switzerland
The Swiss government supports a very attractive business environment through economic measures to encourage foreign investors to open companies or their subsidiaries in Switzerland.