Advantages of a Branch in Switzerland
- Branch establishment is simplified in comparison with the complete company formation and requires much less set-up costs
- To have its own branch in Switzerland is prestige and trustworthy for any business
- No own starting up capital for a branch is required
- Tax fees are lower than for the companies registered as AG and LLC or other complete companies
Any foreign company is allowed to establish its own branch in Switzerland. A branch should be registered at the Commercial Register. A branch which is a small business must not be listed at the Commercial Register, but it is highly recommended as most people and companies prefer not to deal with the non-registered firms.
It is required to have at least one manager who has a permanent residence in Switzerland.
A branch in Switzerland is obliged to have enough independence from its head office, having its own business premises, management, employees and accounting. It should have a permission to sign any documents and contracts without the participation of the head office.
A Swiss branch as a structural part of the parent company cannot function if the head office is being liquidated.
Despite some functional and financial independence of a branch, the liability of its activities lies completely on the head office.
Initial Setup Fee: CHF 890 once
Domicile Address: CHF 100 per month
Minimum Contract: 6 months