Limited Liability Companies

A Switzerland Limited Liability Company (SARL) / (LLC) is a business entity whose liability is limited to the contributions of its members. Known as “Société à Responsabilité Limitée” (SARL) or “Gesellschaft mit beschränkter Haftung” (GmbH) in German, it is a private limited liability corporation governed by the Civil Code of Switzerland. Each of the 26 cantons registers businesses within its jurisdiction, as Switzerland lacks a centralized federal registration system.

Features:

1. Minimum capital required: CHF 20,000.
2. At least one shareholder is mandatory.
3. One executive director must have domicile in Switzerland.
4. Foreigners can own 100% of shares.
5. Company name must include “GmbH”.
6. Shareholders’ liabilities limited to share contributions.
7. Minimum one director required; no Board of Directors necessary.
8. Office in Switzerland and local registered agent required.
9. Annual general meetings required for shareholders.
10. Setup timeframe: 3 to 5 working days.
11. Corporate tax rates vary by province, between 12.5% and 24%.

Steps to Setup:

1. Create an Escrow Account for Paid-Up Capital.
2. Draft Registration Paperwork in front of the Notary.
3. File Completed Application with the Local Commercial Register.
4. Register for VAT and enroll employees in National Social Insurance Program.

Documents Required:

1. Company Name ending with “GmbH”.
2. Passport color scan copy (director(s), shareholder(s)).
3. Proof of residence (phone bill, electricity bill).
4. Bank reference letter or 3-month bank statement.
5. Nature of business and Business plan.
6. Details of company owner.
7. Draft copy of the Articles of Association.

Benefits:

1. Total Foreign Ownership.
2. Limited Liability for Shareholders.
3. Single Shareholder and Director required.
4. Total Control for the Shareholder.

For more information, please contact Neptune Fiduciaries at info@neptunecorporate.com or sales@neptunecorporate.com.