REGISTRATION OF A BRANCH
OF A FOREIGN COMPANY IN
We can arrange the registration of a branch in Switzerland of a foreign company, subject to certain criteria being met.
Basically, you will need to provide us with your company documents, duly certified, as well as certified translations of these documents into the official language of the Swiss Canton where the company is going to be registered e.g. Geneva, Zurich, or Zug. We can provide you this translation service, if required.
There will need to be at least one branch manager resident in Switzerland. In this regard, either the client appoints his own local resident Director or, otherwise, under request, Eurofinanzza will appoint his local lawyers as the local Director for the company, as legally required.
In general, there are few, if any, differences between the taxation of a Swiss company and that of a Swiss branch of a foreign company.
MAIN TAX ADVANTAGE OF A BRANCH
However, remittances of branch profits to the head office are not usually subject to withholding tax, which may be considered an advantage in comparison with the incorporation of a new Swiss company.
The costs to set up the branch operation will be similar to the cost to create a new Swiss company.
There is a similar amount of time to be spent in registering the branch when compared to registering a new company.
An office address in Switzerland will still be required, which again is a similar cost, as is the annual fee for the provision of a Swiss-based Director.
Therefore, please refer back to the fees stated on our web site, for the formation of a Zug or Geneva corporation, as appropriate.
If we are asked to arrange certified translations of the company documents then these costs will be additional and will depend upon how many pages there are.
Should you be interested to proceed, or have any further question, please do not hesitate to contact us.
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