In Switzerland, the corporate tax depends on the canton a company is situated in. The total tax burden for a business can range from 11 to 25%.
Yes, a company incorporated in Switzerland must have a registered office based in the country.
A corporate account in a Swiss bank can be opened by submitting the Articles of Association (AoA) and the business registration documents as proof. Additionally, a minimum share capital, depending upon the company type, must be deposited in the account.
No, there is no system for copyright registration in Switzerland. Copyright protection arises as soon as the work is created.
No, there is no protection as such, provided that work is completed by a human being.
Switzerland doesn’t follow the work-for-hire concept. Therefore, the copyright remains with the person who has created the work.
Yes, there is a joint ownership concept under the Swiss law, according to which a copyright belongs to all the authors jointly.
There are no structured formats to be followed for a copyright license. However, it is better to provide a written agreement for evidence purposes.
The standard VAT rate in Switzerland is 7.7%, and applies to most goods and services in the country.
International Financial Reporting Standards (IFRS) is an international accounting framework for the preparation of public company financial statements, and is followed by most countries.