20 May 2016 Registering a Holding Company in Switzerland Business
Switzerland is one of the most beautiful countries in the world. It’s famous for its scenic landscapes, mountainous regions and flowery fields. However, Switzerland is also regarded as the hub of commerce and banking in Europe. For many business owners who are looking to start their own companies, Switzerland is a fantastic destination. Even though the registration process is quite extensive, you will be able to take advantage of the relaxed taxation laws and the many government benefits that are offered by the local government.
Switzerland is divided into different cantons. A canton is basically an administrative division. There are 26 cantons in Switzerland, each of which follows different tax laws. If you want to register a holding company, Canton Zug is a fantastic option. However, most people don’t know much about establishing a holding company in Switzerland. Understanding the rules and regulations that govern holding companies is very important before you file the registration papers.
What Is a Holding Company?
Canton Zug is famous because of its low taxes, its business-friendly environment and its famous location. One out of every four holding companies in Switzerland have headquarters in Canton Zug. Some of the regulations which govern holding companies in Switzerland are as follows:
- The investments held by the company must represent at least two-thirds of the entire assets held by the company. At least two-thirds of the revenue generated by the company must be earned through the investments held by the company.
- At least one of the investments held by the company must exceed at least 10% of the total number of investments held by the company. The company must also have an investment that has a holding period of more than one year.
How to Register a Holding Company
Unless you have knowledge about the local company laws, it is important that you hire a local administration firm to help you. For instance, you can register a Swiss company holding from Co-Handelszentrum, a local administration firm that can help you out.
It’s not a wise idea to register a company on your own. Most entrepreneurs don’t know about the different documents that need to be filled out and submitted to the local registrar. Once the documents have been filled out, the administration firm will help you submit them and get your company registered.
Even after the company has been registered, there are a number of post-incorporation tasks that need to be completed as well. You might need to revise the articles of association and set a budget for the initial capital to start your company. You will need expert advice from a local administration firm before commencing your business. Hiring a local administration firm could prove to be very beneficial for your business. During the early stages, you will need expert advice from an experienced firm. It will help you get your business off to a good start, making it easy to establish yourself in the long run.