The path to becoming your own boss: choosing your company’s legal entity type

After you have decided to go into business for yourself, very early on you must already think about what kind of legal entity would be best suited for your company. To that end it is important to inform oneself early about the advantages and disadvantages of the different legal entity types.

Which legal form is better suited for young entrepreneurs? GmbH and AG

When speaking of a public limited company (AG), one is principally referring to a corporate entity. In contrast to a limited liability company(GmbH), the relationship to the owners is less relevant.

What are write-offs? Purpose and causes

Write-offs can take many forms. Capital goods like machinery, vehicles, furniture, and electronics which are used over the span of a number of years are booked into the assets of the company at the time of purchase. This booking amount is equal to the price of acquisitions (purchase, shipping and installation). ...

What is double entry bookkeeping?

The term double entry bookkeeping comes from the fact that is transaction ins entered into the books twice. In an accounting record one always records a debit and a credit so that each transaction is recorded twice, however, on differing accounts.

Why should I write a business plan?

Writing a business plan isn't a waste of time. It's worth to write a well structured business plan. The primary purpose of a business plan is to define business goals. It should explain why they're attainable and describe how to reach those goals.

Legal forms of companies in Switzerland

Under Swiss law, there are basically four legal forms of companies:

Joint power of attorney

Joint power of attorney means that somebody can only represent a company with signature of another person. This does not exist by rights. A notation in the Commercial Register is necessary, which explains, who with whom can represent the company.

Are there any statutory provisions concerning the nationality of limited liability company’s executives?

Yes. According to Art. 813 of the Swiss Code of Obligations, at least one of the company's executives must reside in Switzerland. Preferably you establish the foundation of your company with STARTUPS.CH. STARTUPS.CH will provide you with professional guidance before and after the foundation. Here you will be able to apply for ...

Where can I request trademark protection and which procedure do I have to follow? What do I have to pay attention to? Startup GmbH – AG – Sole proprietorship

Basically the Federal Institute of Intellectual Property is responsible for trademark protection. The utmost care is required when considering trademark protection, especially in the choice of the classes one wants to apply for. This is why we strongly recommend to consult a specialised lawyer in trademark issues. In matters of trademark protection, ...

Which taxes are due upon foundation of an incorporated enterprise [GmbH or company(AG)]?

Basically, no taxes are due when you incorporate your company. Stamp duty on issues: The stamp duty on new issued capital (tax rate 1%) is only due starting from CHF 1 million of equity, so generally, formations with less equity are exempted from the federal stamp duty on issues. Profits and capital ...