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  #41  
Old 03.04.2008, 12:29
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Re: Company Formation

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Good Morning to everyone. This is my First post so please forgive me if this has been asked.

I have a Uk Ltd company and wish to move the business over to Switzerland and set up a GMBH. I have heard that there are new rules since January Please could you answer some questions below for me.

Thanks

1. Do you still have to bank 20000 CHF to start up

2. Could I do the Formation myself and costs if I did?

I hold a UK passport
Funnily enough everybody points you at Gruenden.ch, when all you need is an answer.

1. Yes.
2. No. You can do a lot but you need a notar to notarize various documents. You also need the bank to create an account to hold the money for you and confirm it is there.

It is not like in the UK where you just submit form 288 to companies house and you are done...

Where the new rules come to your advantage is single director companies are now allowed.
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  #42  
Old 05.04.2008, 21:58
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Re: Starting a business in Switzerland.

All the information given to me has been very helpful.

I have one more question

1. I went to website www.gruenden.ch and when it states the following can someone please explain to me the following

Share Capital 20,000 chf (can be a in-kind payment instead of payment in cash is still permitted.)

Thanks Again
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  #43  
Old 05.04.2008, 22:12
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Re: Starting a business in Switzerland.

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All the information given to me has been very helpful.

I have one more question

1. I went to website www.gruenden.ch and when it states the following can someone please explain to me the following

Share Capital 20,000 chf (can be a in-kind payment instead of payment in cash is still permitted.)

Thanks Again
You can bring physical assets into the company, e.g. car, PC, furniture, etc. Of course, must be correctly valued. Cash is simplest (if you have it). Subsequently, you can transfer hardware to the company.
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  #44  
Old 27.04.2008, 17:06
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Re: Starting a business in Switzerland.

I am currently self-employed in the UK, I run a number of websites and make enough money to live on from advertising and affiliate programes (google adsense etc). Its possible I might decide to sell 'premium' membership for full access to all the features of the websites.

I'm considering moving to switzerland but I'm still not clear (despite a fair bit of research and reading this thread and others) how much paperwork and expense I will be facing.

I've read that setting up a buisness can be very expensive and complicated in Switzerland. But working as a soletrader will be as simple as it is in the UK or not? Do I have complete choice as to whether I work as a sole trader or might I be required to register as a company?
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  #45  
Old 27.04.2008, 18:56
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Re: Starting a business in Switzerland.

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I've read that setting up a buisness can be very expensive and complicated in Switzerland. But working as a soletrader will be as simple as it is in the UK or not? Do I have complete choice as to whether I work as a sole trader or might I be required to register as a company?
There are many pros and cons of "sole-trader" vs LLC (limited liability company). These are certainly discussed extensively elsewhere in the web.

Personally, I would always opt for a LLC. Simple reason: liability is limited. Otherwise, one can face unlimited liability, if something goes wrong.
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  #46  
Old 30.04.2008, 19:21
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Re: Starting a business in Switzerland.

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There are many pros and cons of "sole-trader" vs LLC (limited liability company). These are certainly discussed extensively elsewhere in the web.

Personally, I would always opt for a LLC. Simple reason: liability is limited. Otherwise, one can face unlimited liability, if something goes wrong.
Thanks Goldtop. I think I would start out as a soletrader as I won't be needing to borrow any money or anything for capital.

What about VAT? Are the rules different there if you are sole trader or a company?
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  #47  
Old 14.06.2008, 12:15
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Re: Starting a business in Switzerland.

Hi,
I have a question relating to the starting of a business as a sole trader. I have a permit B but my husband works in Italy and we are both English.
Can I still start a buisness?
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  #48  
Old 24.06.2008, 14:46
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Re: Starting a business in Switzerland.

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I've read that setting up a buisness can be very expensive and complicated in Switzerland. But working as a soletrader will be as simple as it is in the UK or not? Do I have complete choice as to whether I work as a sole trader or might I be required to register as a company?
Answering your questions, yes it is very simple and yes you do have complete choice unless your business is one of a restricted kind such as a lawyer who is prohibited from forming a company.
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  #49  
Old 24.06.2008, 14:47
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Re: Starting a business in Switzerland.

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Thanks Goldtop. I think I would start out as a soletrader as I won't be needing to borrow any money or anything for capital.

What about VAT? Are the rules different there if you are sole trader or a company?
No VAT is the same irrespective of business form.
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  #50  
Old 24.06.2008, 14:47
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Re: Starting a business in Switzerland.

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Hi,
I have a question relating to the starting of a business as a sole trader. I have a permit B but my husband works in Italy and we are both English.
Can I still start a buisness?
You indeed can in fact two if you so wish...
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  #51  
Old 23.03.2010, 13:23
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Re: Starting a business in Switzerland.

hi Scott,

I am about to import fertilizer from Indonesia and also about to register the company in Switzerland and it is very important for me to learn the VAT things you mentioned... is there any thing you think I should consider?
gracias

Monica

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Been there, done it, got the t-shirt

Started my own business using the Beobachter book to help me out in making some major decisions from the start.

I have the C-Permit and have not run into any major problems, yet.

One headache has been the VAT/MWST. Getting to know everything dealing with import and export was a real challenge, and still is!

If you have any specific questions, ask. General questions leave too much open to answer properly.

Bests,
Scott
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  #52  
Old 23.03.2010, 13:25
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Re: Starting a business in Switzerland.

as far as I know, you can start your business as long as you have a B permit (CH resident). if your husband lives in Italy, then the company has to be under your name because you are the one residing in CH.
regards
Monica

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You indeed can in fact two if you so wish...
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  #53  
Old 23.03.2010, 13:30
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Re: Starting a business in Switzerland.

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hi Scott,

I am about to import fertilizer from Indonesia and also about to register the company in Switzerland and it is very important for me to learn the VAT things you mentioned... is there any thing you think I should consider?
gracias

Monica
Will you import in CH? Or will the company sell outside CH?
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  #54  
Old 23.03.2010, 14:08
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Re: Starting a business in Switzerland.

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... is there any thing you think I should consider?
Again, your specific questions are welcome. There are simply many
factors that make up your MwSt. My best suggestion, get with a local
accountant, they will know the best for your local.
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  #55  
Old 23.03.2010, 14:25
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Re: Starting a business in Switzerland.

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hi Scott,

I am about to import fertilizer from Indonesia and also about to register the company in Switzerland and it is very important for me to learn the VAT things you mentioned... is there any thing you think I should consider?
gracias

Monica
You got yourself an import license ? Any more than 5mt and you need an import license.

You also need to keep a reserve stock of "N" which is based on your total imports of nitrogen in previous 12 moths, or estimation. This is buffer stock for the cofederation in case of war, i kid you not. The law may or may not be changed in 2012. It is unlikely as the big importers use it to thier advantage to keep you out (This is irrespective of nationality before somebody has a go at Swiss bashing)
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  #56  
Old 28.01.2011, 17:02
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Re: Starting a business in Switzerland.

Hello all, I am new here and would really appreciate advice on the following:

My wife and I are interested in opening a Thai restaurant in Switzerland (perhaps in Appenzell, Gstaad or elsewhere). I am a French (EU)/USA dual citizen, as are our two daughters; however, my wife is a dual Thai/USA citizen. Although we have some start-up income, we are interested in setting up a restaurant in an area that has such a need and would likely succeed, and thus would be eligible for a business loan or other assistance.

Based on this information, do you believe it is possible for us to pursue this further?

Many thanks for any and all advice!
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  #57  
Old 02.02.2011, 00:05
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Re: Starting a business in Switzerland.

Do you think it would be a big disadvantage not being able to speak German in trying to set up a business?

I'm already getting a fair few letters in the post with official looking letterhead that I've no idea what they are. If they are bills then I tend to just pay them (not going to give out my address here ;-) and for the rest I tend to just wait until the letters get larger fonts before typing them into Google translate.
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  #58  
Old 02.02.2011, 00:06
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Re: Starting a business in Switzerland.

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Hello all, I am new here and would really appreciate advice on the following:

My wife and I are interested in opening a Thai restaurant in Switzerland (perhaps in Appenzell, Gstaad or elsewhere). I am a French (EU)/USA dual citizen, as are our two daughters; however, my wife is a dual Thai/USA citizen. Although we have some start-up income, we are interested in setting up a restaurant in an area that has such a need and would likely succeed, and thus would be eligible for a business loan or other assistance.

Based on this information, do you believe it is possible for us to pursue this further?

Many thanks for any and all advice!
Great idea! There are some lovely Thai restaurants in Zurich. For instance Thai Orchid is our local in Meilen and it is fantastic - my wife and I love everything there and even order take out and eat it at home.
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  #59  
Old 14.03.2011, 13:29
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Starting a business in Switzerland.

Hi Mark,

I had just started up my business in the UK when my husband was seconded to Geneva. I did market research and tailored a business plan. That was not complicated because I had a good knowledge of the English market. My business was going rather well, I sold to Delis and local restaurants but, it was not feasible to carry on with the business from Geneva. I am a mother of two.

I am now looking at starting up the same business in Geneva - versatile fresh sauces - but I am a little stuck. Please note that I hold a permit B.

Could you possibly put me in the right direction to find the best sources of market information on; competitors production, revenue and market share, grants available, suppliers, market reports and other data.

Thank you very much and kind regards,
Paloma
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Old 14.03.2011, 13:38
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Re: Starting a business in Switzerland.

Hi All, Question to all those are already in the Import Export business.


I have got some good quality saffron from India. Any one if interested to see the sample can PM me and we can take it further if interested.

Have a great day !!!!
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