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CASE STUDY: Creation of a Subsidiary (SA/AG) in Switzerland and Comprehensive Administrative and Accounting Agency Agreement.
Project Scope
Comprehensive administrative mandate to enable the entrepreneur to establish a presence in Switzerland.
COMPREHENSIVE ASSISTANCE SOLUTION
Company incorporation service, work permits, and comprehensive administrative mandate
LOCAL DIRECTOR
Swiss director services
DOMICILIATION
Registered address services
ADMINISTRATION
VAT, Accounting, Payroll
How a Foreign Entrepreneur Benefited from Our Expertise to Create a Subsidiary in Geneva
“We consulted with the shareholders of the parent company and their advisors. The solution of a subsidiary in the form of a public limited company (SA/AG) was chosen, including a domiciliation service until they secured their own offices, a resident director service in Switzerland, and a comprehensive administrative management mandate covering mail processing, accounting/VAT, work permit applications, payroll services, and tax services.”
Andrés Taracido
Director, My Swiss Company SA
Summary
The parent company in Ireland had already established subsidiaries in France, Spain, and Germany. With the rapid expansion of their client base in Switzerland, establishing a local subsidiary became urgent.
Our corporate services firm, My Swiss Company SA, advised the client on incorporating their SA/AG in Geneva and Lucerne. We offered a domiciliation service, Swiss director services, and an administrative services agency agreement covering work permits, comprehensive corporate correspondence processing, accounting, and taxation. We assisted our client throughout the entire process of obtaining the necessary cantonal and federal authorizations for providing services in Switzerland.
Company Incorporation Process
1
Business Analysis: Business assessment, advice on company statutes, preparatory work for incorporation, and opening of the blocked capital account.
2
Document Signing: Signing of incorporation documents and notarization of directors’ signatures.
3
Legal Formalization: Preparation of the notarial deed and submission of documents to the Commercial Register.
Comprehensive Assistance Solution
Company Incorporation Service and Work Permits:
Business activity analysis, legal advice, incorporation of the public limited company (SA) in Geneva, and work permits in Switzerland.
Comprehensive Administrative Mandate:
Business domiciliation service, resident director mandate in Switzerland, VAT, work permits, payroll, accounting, taxes, and VAT registration.
My Swiss Company SA Results:
100 %
Success Rate for Timely Company Incorporation
100 %
Success Rate for Obtaining Work Permits Within Required Deadlines
100 %
Success Rate for Timely Processing of All Client-Specific Requests During the Establishment Process
Future Considerations
Accounting/VAT:
Accounting according to Swiss applicable standards and quarterly VAT filings.
Taxation:
Corporate income tax (ICC/IFD), capital tax, withholding tax, stamp duty, and dividends.
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