How does a company foundation work in Switzerland?
The undertaking of turning a business idea into ownership of a business is a long, but manageable process. Aside from the will and motivation that is required of a company founder, the following formal steps are needed to start one's own formal company.
A convincing business idea is the basis for almost every successful company launch. The idea may be innovative in that it envisions a product or service that does not yet exist. It is also possible that the idea simply takes an already existing product or service and improves upon it.
How to write a business plan
- Choice of the correct legal form
The choice of the correct legal form for your company is influenced by several factors: number of participating persons, necessary seed capital, desired liability (private or only share capital), public perception (a corporation [AG], for instance, is considered to be more legitimate than a GmbH), family allowances (sole proprietors do not receive family allowances in all cantons).
Duration without STARTUPS.CH: 1 − 3 days
Duration with STARTUPS.CH: 15 minutes in the form of a consultation
- Implementation / Drafting of Documents
The implementation of the company formalization begins with the drafting of all necessary documents (articles of association, official record, entry in the commercial register etc.). One of STARTUPS.CH's attorneys will take care of these tasks for you.
With STARTUPS.CH you can easily calculate an offer for your business start. If you are content with the offer, you can sign up as a user and submit your company's information and formalize your business online. This process generally does not take more than ten minutes. Upon completion, a STARTUPS.CH attorney will check your information and contact you over the telephone. You will receive all foundation-relevant business start documents within 24 hours (on workdays) via e-mail.
Duration without STARTUPS.CH: 7 − 14 days
Duration with STARTUPS.CH: 24 hours at the most (on workdays)
- Letter of deposit of the deposited share capital
In order to carry out the business formalization process, we require a letter of deposit of the deposited share capital (only for the foundation of a corporation [AG] or limited liability company [GmbH]).
To receive the letter of deposit you must deposit the share capital in a Swiss bank, which will issue you a letter of confirmation of deposit.
STARTUPS.CH offers you this service in cooperation with PostFinance/Valiant Bank providing you with special advantageous conditions.
Duration without STARTUPS.CH: 3 - 7 days
Duration with STARTUPS.CH: 1 − 3 days
- Notarization of the foundational documents
To be able to enter your company into the commercial register, all foundation documents and the letter of deposit must be authenticated and certified through a notary (only for corporations). After the notarization, the documents are sent to the responsible commercial register in order to be registered. STARTUPS.CH, as part of the service, also takes care of this step for you.
Duration without STARTUPS.CH: 5 − 7 days
Duration with STARTUPS.CH: 1 − 3 days
- Entry into the commercial register and verification of the certificate of registration
After notarization, the foundational documents are passed on to the office of the commercial register in order to create the entry for your newly founded company. It is essential that the submitted documents are free of errors and that they conform to the requirements of the cantonal commercial register. Faulty documents would be sent back for correction, which results in additional costs and a longer waiting time. STARTUPS.CH is known to cantonal commercial registers and enjoys a good reputation for the correctness of the documents that are submitted. This is part of the reason why almost all submissions are carried out quickly and without complication.
After the entry into the commercial register, STARTUPS.CH receives the certificate of registration for the purpose of approval (it is possible that the commercial register makes a spelling mistake, which is why the certificate of registration has to be checked for correctness upon receipt). If the certificate is in order, a copy is sent to the company founder by e-mail. The original certificate is then sent by post along with the submitted notarized foundational documents.
Once the commercial register entry is complete, the deposited seed capital is at the disposal of the company founders.
Duration without STARTUPS.CH: 14 days - 6 weeks
Duration with STARTUPS.CH: 12 days on average