No share capital & Less paperwork
Setting up a branch in Switzerland
If you already have a company and would like to expand your business to Switzerland, registering a branch would be one of the interesting options.
Swiss branches (or in German Zweigniederlassung) is not a separate legal entity. They can run commercial, economical and operational activities on their own as long as they conduct the same business nature as the mother companies. Swiss branches have their own tax number and pay their own income tax. Generally, they are subject to federal tax of 8.5%, cantonal and communal tax depending on in which canton they are registered. A profit allocation between the branch and its mother company is also possible. As well, they can be exempt on the withholding tax of 35% on payments made to their foreign mother companies. At the same time, if the mother company is a tax resident of Switzerland, to avoid double taxation, the Swiss branch can be exempt from being taxed on profit gained through the operations.
To register a Swiss branch, there is no requirement for share capital. Only basic documentation such as the excerpt from the commercial register and Articles of association of the mother company, KYC, application documents and details of the branch are needed.
If this sounds interesting to you, feel free to contact us.
We can assist you with your future Swiss branch!