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Old 17.02.2015, 19:30
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Closing a Swiss Company

Need some advice about how to close a Swiss company.

I am closing a small Swiss company that I've operated for a few years and need some guidance. Is it as simple as paying off all obligations, closing the bank account, and filing a last tax return OR is there more to it than that.

I appreciate any input and experience that will help me.
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Old 17.02.2015, 20:41
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Re: Closing a Swiss Company

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Need some advice about how to close a Swiss company.

I am closing a small Swiss company that I've operated for a few years and need some guidance. Is it as simple as paying off all obligations, closing the bank account, and filing a last tax return OR is there more to it than that.

I appreciate any input and experience that will help me.

There is more.....you need to go to notary and also shut it down officialy and get yourself removed from registre de commerce which entials taking a declaration from tax office that all taxes been paid
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Old 17.02.2015, 23:11
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Re: Closing a Swiss Company

I am going through the same process of closing a company in Switzerland. Sending a message to the commercial register that you stopped activity will trigger the institutions. You will indeed be audited for AVS and tax. They will probably come to you before you go to them.
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Old 12.10.2015, 15:09
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Re: Closing a Swiss Company

Hi.
I have just found this treat and wanted to hear your experience. And I'm sorry, I'm fairly new at this.
Lets say you have a company where you input 20.000 CHF and a car. Now you want to close this company. Can you just withdraw that money straight away (i guess via dividend?) or do you need to wait some time after officially you are closed? What can happen to the assets you input like a car? Are there any extra taxes you need to consider?

Thanks a lot for any inputs!
Have a great day!
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Old 12.10.2015, 17:48
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Re: Closing a Swiss Company

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Hi.
I have just found this treat and wanted to hear your experience. And I'm sorry, I'm fairly new at this.
Lets say you have a company where you input 20.000 CHF and a car. Now you want to close this company. Can you just withdraw that money straight away (i guess via dividend?) or do you need to wait some time after officially you are closed? What can happen to the assets you input like a car? Are there any extra taxes you need to consider?

Thanks a lot for any inputs!
Have a great day!
The ease of liquidating a company depends on its legal form. It is relatively straightforward to liquidate a sole trader company (Einzelfirma). According to the below Swiss government document, you would notify the commercial register that you are liquidating the company and that the commercial register entry should be removed.

For other legal entities, such as a GmbH or AG, there are more steps involved:

http://www.kmu.admin.ch/nachfolge-be...x.html?lang=de
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Old 01.03.2016, 11:06
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Re: Closing a Swiss Company

Anyone more experience of the simplest way to close GmbH. Info talks of liquidators etc.
Any ideas of various costs involved and how much it all adds up to?

And any experience / risks involved with passing it on for 're-use'
e.g.
https://www.swissregistration.ch/index.php?page=gmbh-loeschen
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Old 01.03.2016, 11:58
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Re: Closing a Swiss Company

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Anyone more experience of the simplest way to close GmbH. Info talks of liquidators etc.
Any ideas of various costs involved and how much it all adds up to?
Baselland lists governmental costs to close a GmbH as follows:

c) Löschung GmbH

in Franken
Eidgenössische Grundgebühr
120.-


Anmeldung
wird berechnet, sofern die Anmeldung von uns erstellt oder vervollständigt wird

30.-


Handelsregisterauszug
bei Bestellung eines amtlich beglaubigten Handelsregisterauszugs (Versand per A-Post, in der Regel einen Tag nach der Eintragung)

45.-


Aufforderungsgebühr
wenn eine Eintragung vom Pflichtigen nicht von sich aus angemeldet wird, fordert ihn das Handelsregister durch eingeschriebenen Brief dazu auf

50.- bis 200.-


Auslagen
Verrechnung der effektiven Kosten für Porto und Telefon

effektive Kosten

https://www.baselland.ch/gmbh_gebuehren-htm.282303.0.html#Aenderungen


There are SHAB costs to publish the "call to creditors", which Baselland estimates to be CHF 200 to 300:

"Die Kosten für die Schuldenrufe betragen zirka Fr. 200.-- bis Fr. 300.--."

https://www.baselland.ch/gmbh_loesch....291648.0.html


The GmbH's board appoints a liquidator which often is an internal person.

Although it should be possible to save costs by doing the liquidation yourself, might want to contact a notary to determine what s/he would charge for this service.

If the distribution of assets from the liquidated GmbH can wait for a year, the costs to pay an accounting firm for an attestation can be avoided.
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Old 01.03.2016, 14:14
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Re: Closing a Swiss Company

Thanks for the info!
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Old 01.03.2016, 20:45
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Re: Closing a Swiss Company

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Anyone more experience of the simplest way to close GmbH. Info talks of liquidators etc.
Any ideas of various costs involved and how much it all adds up to?

And any experience / risks involved with passing it on for 're-use'
e.g.
https://www.swissregistration.ch/index.php?page=gmbh-loeschen
Easiest is to be the liquidator yourself and draw all documents/decisions yourself as you may also be the shareholder. Send a note to the register (check their website on which words to use) and follow the steps (FOSC etc). It takes a long time to completely finalise a liquidation of a sarl/SA?GmbH.

The re-use I would not recommend but depending on your legal skills
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Old 19.04.2018, 01:33
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Re: Closing a Swiss Company

Anyone care to share their experience of liquidating a Limited (SA / AG) Company?
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Old 19.04.2018, 17:11
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Re: Closing a Swiss Company

Anyone....please?
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Old 19.04.2018, 17:28
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Re: Closing a Swiss Company

It really depends on the nature of the operations. Did the company trade or not, are all the returns (tax etc) up to date.

Has the company ceased trading, does it have assets and/or liabilities?

And of course why you need to close it down, rather than sell it off.
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Old 19.04.2018, 17:33
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Re: Closing a Swiss Company

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It really depends on the nature of the operations. Did the company trade or not, are all the returns (tax etc) up to date.
All tax returns etc are current. Was audited for AVS three years ago, also for TVA two years ago when I cancelled TVA registration.

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Has the company ceased trading, does it have assets and/or liabilities?
Ceased trading. Some liquid assets, no liabilities

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And of course why you need to close it down, rather than sell it off.
Reason for closing - accumulated losses.
Is selling even an option (for losses)?
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Old 19.04.2018, 20:26
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Re: Closing a Swiss Company

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Reason for closing - accumulated losses.
Is selling even an option (for losses)?
Losses may have value to a company with profits since it has the potential to reduce a tax bill. But you really need to seek professional advice because it is a complex issue. For instance if the loss was caused by paying a salary to the owner then it has no value where as if it was a genuine trading loss it might have value to someone.
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Old 19.04.2018, 20:43
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Re: Closing a Swiss Company

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For instance if the loss was caused by paying a salary to the owner then it has no value where as if it was a genuine trading loss it might have value to someone.
Sorry, but i dont get this..
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Old 19.04.2018, 21:28
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Re: Closing a Swiss Company

I would say you start with a board resolution to decide on liquidation and appoint a liquidator (you for example). The liquidator makes sure all suppliers are paid, loans paid back etc, taxes are up to date and make a final report per date of liquidation. Then send a letter to he register of commerce to inform them about it.

You may need to wait for a final message from the federal tax authority that all is fine with your taxes. wait it bit more. Then the register will strike your registration.

Selling is easier and faster
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Old 08.11.2018, 17:47
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Re: Closing a Swiss Company

How would one go about selling a Schwytz AG that's never been used (expect to pay the 4k to set it up)?
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Old 08.11.2018, 18:24
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Re: Closing a Swiss Company

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How would one go about selling a Schwytz AG that's never been used (expect to pay the 4k to set it up)?

There are brokers who sell dormant GmbHs and AGs. Search on "ag mantel verkaufen" (possibly + "schweiz" from abroad). Some of the websites can be toggled to English.
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Old 08.11.2018, 19:21
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Re: Closing a Swiss Company

Thank you! That's incredibly helpful! I found roughly 500000000 companies https://www.englishforum.ch/images/s...n/msnshock.gif in Switzerland that will buy Swiss companies and resell them. Much better than going through the painful and costly process of shutting it down. IOU!
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Old 09.11.2018, 10:04
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Re: Closing a Swiss Company

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Thank you! That's incredibly helpful! I found roughly 500000000 companies https://www.englishforum.ch/images/s...n/msnshock.gif in Switzerland that will buy Swiss companies and resell them. Much better than going through the painful and costly process of shutting it down. IOU!
Except for the tax consequences: (http://www.taxinfo.sv.fin.be.ch/taxi...chte+an+Dritte)
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