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Old 15.09.2017, 21:42
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Starting a GMBH Company

Hello...

I thinking to start a new business in Switzerland. But if i don't have 20.000 CHF cash on hand ( as recently buy a new house and pay as deposit), will there any other way to avoid the 20.000CHF capital? Or will there any way to purchase my own British company's share as proof of asset?

Thanks

Martin
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Old 15.09.2017, 22:26
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Re: Starting a GMBH Company

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Hello...

I thinking to start a new business in Switzerland. But if i don't have 20.000 CHF cash on hand ( as recently buy a new house and pay as deposit), will there any other way to avoid the 20.000CHF capital? Or will there any way to purchase my own British company's share as proof of asset?

Thanks

Martin
Not sure what you mean by that in bold, can you elaborate?
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Old 15.09.2017, 22:28
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Re: Starting a GMBH Company

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Not sure what you mean by that in bold, can you elaborate?

Because we can use assets to cover up the 20.000 CHF capital such as car, computer equipment etc..

So can i use other company shares as assets?
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Old 15.09.2017, 23:35
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Re: Starting a GMBH Company

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Because we can use assets to cover up the 20.000 CHF capital such as car, computer equipment etc..

So can i use other company shares as assets?
No idea about shares, but normally they want to see cash in the bank and not computer equipment or cars

In the past you had to show a bank account statement with the nominal amount
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Old 16.09.2017, 01:20
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Re: Starting a GMBH Company

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Because we can use assets to cover up the 20.000 CHF capital such as car, computer equipment etc..

So can i use other company shares as assets?
No. You would need to put the cash the bank first and then by the shares of the UK company from there.

However be warned that buying shares in a private foreign company can create tax issues down the line because of the way they are valued for corporate tax purposes here.
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Old 16.09.2017, 01:24
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Re: Starting a GMBH Company

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However be warned that buying shares in a private foreign company can create tax issues down the line because of the way they are valued for corporate tax purposes here.
Could you elaborate, please? And/or post a link? Thanks.
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Old 16.09.2017, 01:49
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Re: Starting a GMBH Company

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Could you elaborate, please? And/or post a link? Thanks.
I don't have a link at this stage because it is along time ago since I had to deal with it. Basically from memory, the tax authorities use an unadjusted imputed income method to value the shares rather than actual costs.
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