Foundation procedure of the Swiss company
Requirements
A Corporation or a Limited Company can be founded easily and quickly. For the foundation of a Corporation or a limited company an Article of Foundation must be recorded by an authenticating person (lawyer authorized to record).
During the foundation procedure the following evidence must be presented to the recording person:
- Statutes
- Declaration of Acceptance by the auditing department (facultative for the limited company)
- confirmation by a recognized bank that the share capital or equity capital has been deposited and the company is available for free disposal
- domicile acceptance declaration.
After the foundation the company has to be registered in the Commercial Register. For this registration the Article of Foundation along with the documents indicated above must be enclosed in original.
It must be observed that during the period of the registration procedure the share capital paid to the bank shall remain blocked. The deposit procedure is completed with the registration in the Commercial Register. However, the paid up share capital will not be available to the company until an extract from the Commercial Register regarding the registration of the company has been presented.
The costs for an establishment of an enterprise in Switzerland are very clear.
The temoral duration for an establishment of an enterprise is very short and can be closed after a few weeks.
A fast solution would be the assumption of an "old" corporation.