Limited Liability Company
|Company Type||Gesellschaft mit beschrankter Haftung (GmbH/Sarl) (Limited Liability Company)|
|Name||Gesellschaft mit beschrankter Haftung (GmbH/Sarl) (Limited Liability Company)|
|Capital||Minimum CHF 20,000,- must be paid into an escrow acct. for the period of incorporation.|
|Shares information||Minimum nominal value each share is CHF 100.00. Shareholders may hold more than one share.|
|Headquarters||Anywhere in Switzerland, customer's choice. We propose domiciliation in Zug, Zurich and Geneva.|
|Publication in the Chamber of Commerce||Articles of incorporation must be publically registered and following incorporation the company will be entered in the Swiss Commercial Registry.|
|Shareholders||Minimum of 1 natural person, no limitations to foreign shareholders. Shareholder's name published in the Commercial Registry|
|Directors||Managing Directors: no limitations on foreign nationals, only one authorized signatory must have a registered address in Switzerland. Managing directors do not have to be GmbH partners.|
|Auditors||Auditors As of 1.1.2008 and introduction of new Swiss Legislation on auditors and licensing companies can renounce from an annual audit report if during their BS figure does not exceed CHF 10M and their annual revenue is lower than 20M as well as their full time staff during the duration of fiscal period does not exceed 10 members.|
|Incorporation period||Incorporation period|
|Disclosure of beneficial owner||Yes, partners' names must be entered in the commercial register.|
|Disclosure of shareholders||Yes, partners' names must be entered in the commercial register|
|Disclosure of directors/board members||Yes, all members/shareholders are published in the entity's certificate of incorporation.|
|Taxation||Federal taxes, cantonal tax and municipal taxes must be paid. The Zug region has the lowest taxation rate.
• Holding companies have tax advantages: 8.5% federal tax on profits, no cantonal tax on capital gains, 0.0075% tax on company joint capital.
• Operating companies: 8.5% federal tax on profits, 4%-7% cantonal tax - income-based, 0.05% tax on company joint capital.
• Dividends are subject to a 35% withholding tax - a refund is possible according to certain dividend refund provisions.
|Financial Statements||Yes, fiscal year identical with calendar year|
|Tax Returns||Yes, at the end of every fiscal period|
|Accounting||Yes, financial statements prepared once a year|
|Annual Reports||Yes, annual reports prepared after closing of the fiscal period|