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Central Europe, between Switzerland and Austria
Central Europen time
None (120 km to Zurich airport and around 50 km to Altenrhein).
German (German dialect)
Swiss Franc (CHF)
Political power shared between hereditary monarch and democratically elected government; extremely stable.
International dialing code
Civil law; influenced by Swiss and Austrian law; as EEA member implementing EU directives; common trust law since 1926.
Wealth management. Numerous types of companies, foundations and trusts. Interesting also for protected cell companies, insurance companies and fund service providers. Highly educated personnel.
Personal income tax
Up to 21%.
Corporate income tax
There is a flat corporate income tax rate of 12.5%. A minimum tax of CHF 1,800 has to be paid if the structure qualifies as a private investment structure.
Tax information exchange agreements
Double taxation treaties, TIEAs and MOUs with many countries. Signatory of the MCAA with AEoI/CRS and the inherant legal requirements as foreseen in the MCAA. See also http://www.llv.li/#/11469/internationale-steuerabkommen.
CHF, EUR, US$
Minimum authorised capital
30,000/50,000 depending on type of company and size. This minimum has to be fully paid up.
Minimum share issue
Depends on type of company
Timescale for new entities
Two to five days
Approx. CHF 800
No offshore companies accepted according to tax law 2011. Professional fees, approx. CHF 3,000-10,000, depending on time spent. Additional fees for accounting and auditing (if required), charged on hourly basis and taxes.
1-3, depending on the size and type of the company
Depends on type of company and its statutes
Yes, however blocked at a licensed local custodian. Share register book kept at the statutory domicile of company.
Public share registry
Yes. From 1.8.2019 onwards. Registration of so-called "controlling persons". This is not identical with the controlling persons under CRS.
Depends on type of company and statutes.
Annual tax declaration
There is an annual financial report, and if not submitted to PIS status (Private Investment Structure), then filed with a tax declaration to the tax authority.
Depends on type of company and statutes
Company naming restrictions
Name availability to be checked with registrar.