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Can initial deposits be repaid to the stockholders?

No, it is not allowed to repay initial deposits to shareholders because the value of the company in the size of the stock deposit may not be voluntarily diminished. more…

UID replaces the six figure VAT number

In order to decrease administrative costs, every business in Switzerland with a VAT duty is issued a uniform identification number, the so-called Unternehmens-Identifikationsnummer (UID). more…

The extent of Swiss bookkeeping requirements

Principally speaking all businesses that have to be entered into the commercial register have a duty to do bookkeeping. more…

The purchase and sale of goods: Important points

A few important points must be considered in the purchase and sale of goods. more…

Accounts relevant for bookkeeping in purchase and sales

In bookkeeping, three accounts are used for the purposes of the purchase and sale of goods: more…

Special nature of secret or silent reserves under Swiss law

The arbitrary valuation of silent reserves is an idiosyncrasy of Switzerland. With the conceptual base of the true and fair view, which is the international standard used in IFRS or GAAP, the arbitrary valuation of actives and passives is questionable. more…

Starting a sole proprietorship in Switzerland, but living abroad

Are you an entrepreneur living abroad? more…

Inventory differences by the purchase and sale of goods

Inventory differences are the deviation between the inventory which was counted in the stock or warehousing and that which should be there according to the bookkeeping. more…

A young entrepreneur who is a minor starting a limited liability company or public limited company

Can a young entrepreneur who is a minor start a company? more…

How do I create a balance sheet?

The balance sheet shows all of a firm’s assets and liabilities in one place. more…