Fact File

Fact File Supplied By:

Charles Russell Speechlys SA.

Location

East of France, south of Germany, north of Italy, west of Austria.

Time Zone

Central Time Zone.

Population

8,738,791 (2021).

Capital

Bern.

Airport(s)

Zurich, Geneva, Basel, Lugano and others.

Language

German, French, Italian, Romansh.

Currency

Swiss Franc.

Political System

Federal democracy.

International Dialing Code

+41.

Legal System

Civil (Roman) law.

Centre's expertise

Finance, banking, insurance, wealth management, commodity trading, fiduciary, pharmaceutics, machinery, precision instruments, watches.

Personal income tax

Depending on canton - between 20 -48%.

Corporate income tax

Depending on canton - between 12-21%.

Exchange restrictions

No.

Permitted currencies

Swiss franc.

Minimum authorised capital

Corporations: CHF 100,000./ LLCS: CHF 20,000.

Minimum share issue

1 share.

Shelf companies

No.

Timescale for new entities

5-10 days.

Incorporation fees

CHF6,000-10,000.

Annual fees

CHF5-10,000 director fees.

Minimum number

One.

Residency requirements

At least one director or manager, who can bind the Company.

Corporate directors

No, members of the board of directors must be individual persons.

Meetings/ Frequency

Minimum of one per year.

Disclosure

No for corporations (unless publicly listed). Yes for LLCs.

Bearer shares

No, only for companies with listed equity securities or if they are issued in the form of intermediated securities.

Minimum number

One.

Public Share Registry

No.

Meetings/ Frequency

Minimum of one per year.

Annual Return

Yes.

Audit requirements

Depending on total assets, turnover and number of employees.

Registered office

Yes.

Domicile issues

It depends on the jurisdictions.

Company naming restrictions

Partial.