Switzerland has made a name for itself as a world-class holiday destination thanks to its sprawling picturesque countryside views, mountain peaks that attract millions of skiers and snowboarders every year, cities full of history and fine-dining opportunities, and a very high quality of life. It might not be the cheapest country to visit, but it’s certainly a country you need to travel to at some point in your life.
But Switzerland also attracts thousands of global businesses, and they’re attracted to the country’s variety of business benefits on top of its beautiful landscapes. It’s no secret that the country has more than favourable corporate tax regimes as well as a secured place on the world stage, and though it’s not a member of the European Union, it does share close ties that make setting up shop there very advantageous.
Of course, you can’t just suddenly decide to open up a branch of your company in Switzerland without jumping through some hoops. Just as with any other country, there’s lots of paperwork to be filled out, deals to sign, agreements to make, and rules and regulations to adhere to. Fortunately, Swiss company formation is made much simpler if you utilise a trusted company with extensive knowledge of the country’s laws to guide you through the process.
In fact, utilising such a company will take many tasks completely out of your hands. For starters, you’ll need some documents drawn up in German, and that might not be the easiest thing to do by yourself if your company currently only operates in English. However, utilising the company formation experts comes with many more benefits than just translation. Below, this article will give you an insight into some of the tasks such companies can accomplish.
What a Company Formation Company can Do for You
There are numerous corporate incentives and benefits to setting up a branch of your business in Switzerland, and here’s how the formation professionals can make the process of setting up much simpler.
- The formation experts will handle all required legal agreements, including the drafting of legal documents before submitting them to relevant government agencies.
- They’ll set up bank accounts, take care of an abundance of administrative duties, discuss business plans, and help you prepare a summary budget for the year.
- Register your company for Swiss VAT (if it applies to your business), create letterhead and invoice templates, decide upon financial reporting formats, and create a plan of action for the management of accounting records.
- Provide ongoing administrative support once the whole formation process is completed.
Basically, you don’t need to go through a multitude of different agencies and professionals to establish a branch of your business in Switzerland. You can simply utilise one company to get your business fully up and running in this magnificent country. If you’re looking to take your company to new heights, now is the time to consider setting up a base in the very corporate and business-friendly country of Switzerland.