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Old 27.03.2015, 09:23
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Starting GmbH

Hello!

I have recently decided to start a business in Switzerland, opening a GmbH.

I am an EU-25 citizen.

I have contacted one of the business startup companies, and would like to double check, whether the fees and prices they have offered me are competitive and there is no other, cheaper way, to achieve the set goal (I bet there is a cheaper way, yet for a person with no real knowledge about Swiss legal system, what is the best option to chose).

I would have to roughly 5.000chf to get the business up and running (those are just the fees and costs, nothing else is included).

If perhaps there is some here who possesses the knowledge how to start a company and is willing to make some money helping me establish it, I think we might find the situation mutually beneficial.

Regards,
Starman
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Old 27.03.2015, 09:31
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Re: Starting GmbH

You don't mention anything about the business you intend to start.

We went through a lawyer who set up all the various papers, organised the notary etc etc. I think total fees were in the SFr4000 ballpark.

If you're not versed in Swiss law then I suggest you use a lawyer rather than relying on armchair advice from an internet forum - which frankly, is sometimes worth every penny you pay for it.

Cheers,
Nick
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Old 27.03.2015, 09:41
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Re: Starting GmbH

I am with Nick on this, I think there are better options than start up companies cost wise, we paid about 3k incl fees for the notary from our accountant. Time is money so the more work you do, the less time for them and less money, start up companies generally have set fees for a "package" which you may not use all of. When starting a Gmbh you get access to a few deals from banks for the first year and there maybe grants from the government depending on the nature of the business which start up companies may have more knowledge of than lawyers or accountants. You will need an accountant anyway so that would be my first step, find one who is a specialist in your area of business, they will know all the tricks and can probably do the start up for you.
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Old 27.03.2015, 10:16
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Re: Starting GmbH

The Swiss Government web site is quite good for information about small businesses. Some is in English. Here, for example, but in German, is a check list of the things that have to be done to set up a GmbH, some of which you could do yourself:
(german) http://www.kmu.admin.ch/kmu-gruenden...x.html?lang=de

You can also search this forum for general information:
https://www.google.ch/?gws_rd=ssl#ne...siness+startup
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Old 27.03.2015, 17:00
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Re: Starting GmbH

Here are a few threads to get you started. I believe at the bare minimum you need a business plan and at least 25,000 CHF to start a GmBH. But check the links already provided and read these threads for more information:

Starting a business in Switzerland.

Einzelfirma & Gmbh details in Zurich? [starting a business]

Starting a business with Permit B

By the way, the search box is in the upper right corner of your screen, should other questions pop up. Good luck!
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Old 27.03.2015, 22:23
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Re: Starting GmbH

I just used the Start Up in Basel to set up my own GmbH. I took one of the packages. I am far from a business guy but they did it all for me. Most of the stuff in the package u need anyway. The book keeping program which was expensive i didn't take. My business is only small so an Accountant i know advised me to just get the Banana program(190CHF) in the beginning. Just my experience anyway. Each Kanton or Business model might be different.
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Old 28.03.2015, 08:25
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Re: Starting GmbH

hi Starman
I believe you need CHF 20k "Stammkapital" to get started but can use this to pay bills incl start-up fees. I second idea of using a "start-up" package for a few thousand Francs (up to thousand will go just to fees like registration in Handelsregister, etc. - can't get around this) Five thousand sounds very high though.
If you are EU citizen, will conduct business in EU, and just need legal entity aspects for your business (not specifically for CH) you might consider a "U-GmbH" (google it) Allows you to incorporate with as little as Euro 1 capital, gets you a DE tax number, you can apply for foreign tax number in CH through it, etc. Unfortunately nothing comparable to a UGmbH right now in CH.
Good luck with your new business!
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Old 01.04.2015, 00:03
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Re: Starting GmbH

Correct about the 20k kaloid123. I didn't mention it seeing he already spoke to a Startup so would have known. The money can be taken back out of the Acc also after a short period of time which he also should know .
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Old 05.04.2015, 11:05
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Re: Starting GmbH

As far as Notary fees are concerned, there is a wide spread in the fees offered to set up the Gmbh (Look at a list on the Swiss Start up website). it is not very complicated and therefore there is not much differentiation in the service offered. I was able to get my Gmbh incorporated for about 1000CHF.


As far as accounting software, my advice is that you wait for a good 6 months before setting one up and use a basic excel sheet. After you have a better idea of your needs, it will be much easier to determine which one is appropriate


All the best and good luck
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Old 05.04.2015, 15:39
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Re: Starting GmbH

I think the Gemeinde a GMBH is located determines (in large part) applicable tax rates. So if you set up a new one you probably want to take a look at founding one in a tax-shelter Kanton (SZ, ZG come to mind). And yes, 5k setup fee seems rather rich.
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Old 05.04.2015, 18:14
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Re: Starting GmbH

Tax rates across the cantons.

My company pays three income taxes.
1. Set by the Federal government
2. Set by the Canton
3. Percentatge of 2. to the Gemeinde. (Rate set by the Gemeinde).

Baselland top tax rate is just above 20%. IIRC the rate for the first 100'000 profit is around 9%.

The cheapest place, tax-wise, varies according to your profit.
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Old 19.05.2015, 11:57
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Re: Starting GmbH

I subscribe to moneyhouse to see who is starting up and who is going under. I see they have a new service to open companies, reasonable rates if it includes notary fees (unsure). http://www.moneyhouse.ch/en/crs/index
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Old 05.06.2015, 17:50
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Re: Starting GmbH

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I would have to roughly 5.000chf to get the business up and running (those are just the fees and costs, nothing else is included).
Hi starman,
According to the SME website of the Swiss government (unfortunately, not available in English: KMU-Portal), the organization costs of a GmbH usually range from CHF 1’900 to 4’600. Hence, you are at the higher end with CHF 5’000.
The SME website states the following expected costs: CHF 700 to 2’000 notary costs, CHF 600 to 2’000 consulting costs. A record in the commercial register for a GmbH costs CHF 600. You might get your launch cheaper, if you purchase the services separately instead of the package solution.
All the best,
Tobiash
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Old 16.06.2015, 22:09
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Re: Starting GmbH

I used IFJ (http://www.ifj.ch/en) and because of a 250 PostFinance discount, it only cost me Fr. 1'050 + Handelsregister fee. This included notary etc. I did everything from home in a matter of days. Highly recommended.
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Old 17.06.2015, 00:08
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Re: Starting GmbH

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I used IFJ (http://www.ifj.ch/en) and because of a 250 PostFinance discount, it only cost me Fr. 1'050 + Handelsregister fee. This included notary etc.
My GmbH with IFJ cost 1050 as well, 1200 CHF minus the Postfinance discount of CHF 150 (used to be 250 until November 2013).

IFJ will charge 8% VAT on top, one can of course claim it back if the new GmbH also registers for VAT.

PostFinance charges CHF 145 for the capital payment account, this basically cancels out with the discount at IFJ. It is still a decent deal though.

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Highly recommended.
I experienced some minor glitches and signs of incompetence with IFJ, apparently due to their IT systems being updated at the time. Card payment did not work at all. The system lost track of two of the many documents I had sent, causing a delay of a few days. I also got a few rather contradictory automated e-mails from the likely confused system undergoing an update. The PostFinance "cash back" then took over three months (that seems to be how long a software update takes at IFJ).

If you have no special needs, I would still recommend them. Good value and the service does work. They also worked hard to get around the (arguably unexpected) mess.

IFJ will proceed to spam the new company with all sorts of moderately useful (or useless) offers. Delivered via a mailing list I could not unsubscribe from despite repeated attempts over a period of several months. That too was caused by the unfortunate software update, I was told.

Unless they decide to mess with their systems again, I can imagine it might be a pleasant experience to work with IFJ.
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