Switzerland is often considered one of the most suitable locations for incorporating an offshore company along with many other jurisdictions. However, it is a reputable and prestigious jurisdiction with a relatively low tax rate and especially a well-known reputation for the quality and security of its services and is located in the center of Europe.
Though not a common process, changing the legal entity structure of a business in Switzerland is possible. Entrepreneurs who have opened a company in Switzerland are allowed to change the legal structure of the company they formed in Switzerland if needed.
Switzerland, one of the most important travel destinations in Europe, boasts an exquisite grandeur, interesting traditions, and people with a firm reputation.
Since Switzerland is the place where many large multinational companies decide to establish their headquarters, due to the favorable taxation system, it comes as no surprise that some of the leading companies in various industry sectors are present in Switzerland.
The choice of location for a business has become extremely important in today’s competitive economy. Switzerland offers many unique advantages for entrepreneurs willing to invest in the country, on economical, political and social level.
Managing a Swiss company automatically implies having a board of directors, as it is one of the legal requirements in order to incorporate in Switzerland. Company shareholders appoint the company directors. However, company directors must meet certain requirements, depending on the type of company.
Private limited liability companies are very common among foreign entrepreneurs investing in Switzerland. It's important to note that a Swiss LLC has a close form to a GmbH. It can be formed by one or more individuals or by companies with a predetermined capital. Each partner of a limited liability company is paying part of the initial share of the capital. The partner’s liability is limited to the predetermined nominal capital.
Most entrepreneurs who want to make the first step towards self – employment in Switzerland choose to do it in the form of the sole proprietorship. This means that a single individual manages a business without creating a company, such as a GmbH, for example.
Switzerland is one of the world’s largest business centers, due tot the policies conducted by the Swiss government that support a competitive and dynamic business environment, while having strict financial laws at the same time.
