cryptohunter
Active member
- PPF Points
- 2,253
Switzerland is not a traditional offshore jurisdiction, but it is a popular destination for company incorporation due to its strong financial services sector, favorable tax regime, and political stability. Here is what you need to know about offshore company formation in Switzerland:
- Taxation: Switzerland has a territorial tax system, which means that companies are taxed on their Swiss-sourced income only. However, the country has double taxation agreements with many other jurisdictions, which can reduce the tax burden for companies operating in multiple countries.
- Legal requirements: To incorporate a company in Switzerland, you must appoint at least one director and one shareholder, who can be individuals or corporate entities of any nationality. The company must have a registered office in Switzerland, and you must provide the necessary corporate documentation, such as the articles of association and the memorandum of incorporation.
- Types of companies: The most common types of companies in Switzerland are the Limited Liability Company (LLC), the Joint Stock Company (JSC), and the Sole Proprietorship.
- Banking: Switzerland has a well-developed financial services sector, with a wide range of banking options available. It is important to choose a bank that fits your business needs, and to ensure that the bank is in compliance with all relevant Swiss and international regulations.
- Professional services: Switzerland has a wide range of professional services available, including corporate service providers, legal experts, and financial advisors, to assist with the company incorporation process.