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.
This guide provides detailed information for entrepreneurs and legal entities interested in forming a company in Switzerland. It covers all the necessary legal steps and helps you avoid common pitfalls, ensuring a smooth setup process for your business.
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.
Businesses operating or aspiring to operate in Switzerland must stay updated about its evolving culture, regulations, and economy. Understanding these changes allows you to adapt your business strategy proactively and succeed in the Swiss market. Read to learn some of the recent shifts in taxation, immigration policies, industry regulations, and consumer behavior
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.
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.
Last year, Switzerland introduced a new law, the "blockchain law". The implementation of this law will follow two stages: the first which already occured on the 1st of February, and the other to eventuate in August. Invoked on the 1st of February were reforms on company law. In the second phase in August, the State will put into effect upgrades of the financial market infrastructure. These will allow Switzerland to have a properly managed cryptocurrency industry where all actors are fully informed of the opportunities & risks associated.
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.
From January 1, 2020. The Swiss Financial Institutions Act (FinIA) and the Swiss Financial Services Act (FinSA) entered into force, updating the regulatory regime for trustees working in Switzerland. This means that all independent portfolio managers (PMs) and trustees subject to supervision under FinIA will have to be supervised by a Supervised organisations (SO) authorised by FINMA and get licensed by FINMA before they can be able to carry out their activities as financial intermediaries in Switzerland.
