The smart way to start a business

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How to become self-employed

People can start their own business whenever they want to do so. That is obvious.  However, not everybody has the same business idea and because of that, only basics can be discussed in this post. An enterpreneur has to think at least about the following five questions: more…

Establish own business in Switzerland as a foreigner

Foreigners are generally not disallowed from founding a company in Switzerland. However, a distinction is made between persons from EU/EFTA-states and citizens of third countries. more…

Starting a sole proprietorship – Do I have to make an entry in the Commercial Register?

Basically, a sole proprietorship has to be registered with the Commercial Register if the annual turnover exceeds CHF 100’000. more…

How many people are required in order to establish a GmbH (limited liability company)?

Under the new GmbH regulation (into force since 1 January 2008), a GmbH can be established by a single person (art. 775 of the Swiss Code of Obligations). more…

Establishing a GmbH (limited liability company) – does the manager have to be a shareholder at the same time?

No, under the applicable law, the manager of a GmbH must not necessarily be a shareholder of the company. more…

What is the allowed share capital amount for a Limited Liability Company (GmbH)?

The old Limited Liability Company (GmbH) right still provided the option to only pay in one half of the minimum share capital requirement of CHF 20’000.  Under the new law (in force since 1st January 2008), this is not possible any more. more…

Losses after the foundation – possibility of adjustment against future profits (GmbH or corporation (AG))

Losses of the first business years of a GmbH or a corporation (AG) may be carried forward and allocated against future profits. Normally, it is possible to carry forward losses of the last seven years. more…

The general partnership (Kollektivgesellschaft): A legal survey

A general partnership is an association of persons, which normally has an economic purpose and operates a commercial business. Legal entities (e.g. AG or GmbH) are not allowed to join a general partnership. A general partnership is in many respects similar to a sole proprietorship (cf. post), with the difference that more people are involved, […] more…

Initial capital deposit on incorporation of an AG or GmbH: Is it necessary for the deposit to take place in Swiss Francs or is it also possible to use other currencies?

The initial capital of a GmbH (Swiss form of a limited liability company) or a AG (Aktiengesellschaft, Swiss form of a corporation), must not necessarily be deposited in Swiss Francs. Rather, it is possible to use euros or other currencies as well. more…

Formation liability for AG and GmbH / Founder’s and involved person’s liability

Founders, members of the administrative board and all people who participate in a corporation’s formation process are subject to the formation liability in accordance with art. 753 of the Swiss Code of Obligations. This applies to the formation of a GmbH too. Formation liability means that all participants to the formation are liable to the […] more…