Switzerland is evocative of snow-covered mountains and pristine lakes. To those well-versed in the country's business environment, it is also known for its robust banking industry and in global reputation.
Business people from all around the world flock there to set up their ventures, making Switzerland a favored jurisdiction for offshore company formation.
If you are an entrepreneur looking to set up a company in Switzerland, then learning about the public shareholding company in Switzerland is vital. Let’s dive deeper to understand what exactly it is.
What is a Public Shareholding Company in Switzerland?
Aktiengesellschaft (AG) or a Swiss public shareholding company is considered prestigious worldwide. It is a company in which one or more persons or commercial enterprises participate.
It grants the shareholders limited liability, meaning they are liable only to the extent of their capital in the company. The shareholders are required to fulfil the duties specified in the articles of association.
Moreover, a public shareholding company in Switzerland is suitable for medium- to large-sized corporations. These companies must meet a minimum capital requirement of 100,000 CHF.
Features of a Public Shareholding Company in Switzerland
A public shareholding company in Switzerland has the following features:
- Shareholders' liability is limited to the share capital.
- It is a separate legal entity.
- It can be established and run by one shareholder. It can be a company or a natural person.
- Minimum capital requirement is CHF 100,000.
- The minimum fully paid-up capital must amount to CHF 50,000.
- Share capital can also be in any major foreign currency.
- It must appoint a board of directors with at least one member.
- It may be subject to audit if it meets the specific criteria as mentioned in the law.
- It must also appoint an auditor unless it formally opts out.
- The representative of the company must be a Swiss resident (can be a director)
- Must keep accounts and submit accounts as per the rules in the Swiss Code of Obligations.
Benefits of a Public Shareholding Company in Switzerland
Let’s take a look at the various benefits of this company structure:
Limited Liability
A Swiss public shareholding company enjoys limited liability. That means shareholders are only liable up to the amount of capital they have invested. It protects from claims on the personal assets of the owners or shareholders.
Access to Capital
A public shareholding company in Switzerland can issue shares, which makes it easier to finance growth and expansion.
Reputation
Switzerland holds a strong reputation worldwide for its political and economic stability. A public holding company in Switzerland is a reputable and well-established entity recognized worldwide.
Strong Legal Framework
Switzerland boasts a strong, stringent legal framework that ensures businesses in the country are conducted with transparency and fairness.
How to Form a Public Shareholding Company in Switzerland?
Business Setup Worldwide can help you. All you need to do is reach out to us via WhatsApp, Our Chatbot, or email. A dedicated manager will be assigned to you and will guide you through the entire process.
Documents Required to Set Up a Public Shareholding Company in Switzerland
The following documents are required to register a Swiss public shareholding company:
- Application to the commercial register
- Public deed of incorporation
- Articles of Association
- Declarations of acceptance by the directors
- Legalized signatures of all persons who are authorized to sign on behalf of the company.
- Proof that the independent statutory auditors have accepted their appointment or a declaration of opting out of audit if the company does not require one.
- Domicile acceptance declaration to confirm that the company has been granted legal domicile at the place where it is registered.
Why Choose BSW?
Setting up a company can be challenging on its own. A business expert with in-depth knowledge of local jurisdictional requirements can be a valuable asset. Business Setup Worldwide has 8+ years of experience forming companies for both entrepreneurs and established businesses alike. Our team of experts has extensive knowledge and expertise to guide you through various hurdles. Contact us now to get started with a company formation in Switzerland.
