Starting up a Business in Switzerland
It takes from two weeks to a month to open a company in Switzerland, provided that you already have all the necessary documents, a bank account and an administrative director. It’s good to remember that opening a bank account is the most time-consuming out of all three.
It’s possible to register a company as a Sarl (LLC) or SA (LTD). The nominal capital volume and public status are the key differences between the two.
How much is to set up a business in Switzerland
Well, yes, you’ve got to have money to open up a business in Switzerland. Nominal minimum capital aside (CHF 20,000 or CHF 100,000), you will also have to pay from CHF 5,000 to 10,000 for the registration itself. It will include such things as verifying the newborn company’s name in the canton and federal registries and data bases, opening a bank account, preparing documentation, all notary procedures.
You can choose a private consultant or a fiduciary company to help you with the registration process.
- CHF 5,000-10,000 – administrative director’s fee. Includes managing of the correspondence and signing of the documents. The outside representative’s fee is paid separately on a per hour basis
- CHF 1,200-2,000 – domiciliation. It constitutes approximately CHF 120-150 per month
- CHF 1,500 – accounting. The average accountant’s fee is CHF 100 per hour
Estimations and figures are based on experts’ opinions and personal experiences of founders