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Old 08.08.2007, 12:12
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Set up business in US, operate in Switzerland??

Hello,

I've been reading the forums about setting up business here but couldn't find the answer to this question. Is it possible to set up a corporation in the US and then just operate it here in Switzerland?

The reason I ask is that I would like to have a corporation for liability protection, etc, but my understanding is that I would need to transfer 20000 francs into the business account plus fees for the business of around 1500 francs. On the other hand, I can set up a corporation in the US for under $300!

I don't need much capital as this would probably be some sort of consulting job and I already have computer, phone, etc. I suppose the biggest challenge would be in taxes as if I set up biz in US, I will need to pay corporate taxes....or would I if I don't "make and money" there?

If anyone has done this themselves or has additional resources, I'd appreciate the info! Thanks, Dan
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Old 08.08.2007, 12:23
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Re: Set up business in US, operate in Switzerland??

your loophole does not really exist. You've done reading and then gone into denial as far as I can see
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Old 08.08.2007, 16:05
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Re: Set up business in US, operate in Switzerland??

Thanks for the reply. You said that what I'm looking for "does not really exist" so does that mean that it definitely wouldn't work or it might not work? What about having a subsidiary over here? Would I still need to go through all the Swiss legal requirements for an LLC?

I admit it seems a bit of a longshot, but I'm just trying to find a way to make it happen! Thanks again, Dan
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Old 08.08.2007, 16:36
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Re: Set up business in US, operate in Switzerland??

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Thanks for the reply. You said that what I'm looking for "does not really exist" so does that mean that it definitely wouldn't work or it might not work? What about having a subsidiary over here? Would I still need to go through all the Swiss legal requirements for an LLC?

I admit it seems a bit of a longshot, but I'm just trying to find a way to make it happen! Thanks again, Dan
Hello Lob has said it and on this occassion he is quite correct. You can set-up branches in Switzerland, with different rules of engagement but the basic 10K (20K) plus at least 2K for other stuff still applies.
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Old 08.08.2007, 23:41
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Re: Set up business in US, operate in Switzerland??

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Hello Lob has said it and on this occassion he is quite correct. You can set-up branches in Switzerland, with different rules of engagement but the basic 10K (20K) plus at least 2K for other stuff still applies.
I having operated the Swiss branch office of a company for 17 years now, for exactly the reason described by the original poster and I have never come a cross the 10K/20K rules you mentioned.... Can you please give me a reference, so that I can follow it up.

Thanks,

Jim
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Old 09.08.2007, 09:06
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Re: Set up business in US, operate in Switzerland??

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I having operated the Swiss branch office of a company for 17 years now, for exactly the reason described by the original poster and I have never come a cross the 10K/20K rules you mentioned.... Can you please give me a reference, so that I can follow it up.

Thanks,

Jim
Hi Jim, it is just the costs of setting up a company in order to run the branch office. ie minimum 10K for a GmbH becoming 20K in January.
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