Foundation procedere
An AG or a GmbH can be normally set up quickly an easily. In principle, foreigners are viewed in the same way as nationals.
FOUNDATION DOCUMENT
The foundation document is necessary and has to be publicly notarized. The following documents must be submitted to the notary:
- Articles of Association
- Declaration of mandate acceptance by the auditors (voluntary for the GmbH)
- Confirmation of a bank that the share capital or foundation capital has been paid in and is at the free disposal of the corporation
- Domicile acceptance statement in cases in which the corporation does not have its own offices after foundation.
INSCRIPTION PROCEDURE
After foundation, the corporation must apply for inscription in the Commercial Register. The application must be accompanied by the foundation document, together with the other documents mentioned above.
The paid-in capital is freely available to the company again, once the bank has an extract from the Commercial Register regarding the registration of the company.
FOUNDATION COSTS
The foundation costs for an AG and a GmbH are approximately the same and are composed al follows:
| Notary´s fees | 2 % of capital (min. CHF 500.-) |
| Inscription fees - Commercial Register | approx. CHF 800.- |
| Advisory fees | see „LCG Services” |
| Federal stamp duty (1 %) | the first CHF 250,000.- of capital are free of stamp duty |
| Other costs | individual by needs |
TIME REQUIRED
Approx. 10 days (foundation document up to 5 days, inscription in the Commercial Register up to 5 days).
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