Limited Liability Company
A brief summary of the LLC

The limited liability company (“LLC” or “Ltd Liab Co”) is one of the most important corporate forms in Switzerland. It is particularly suitable for small and medium-sized enterprises and is used by all industries.

At least one person is required for the foundation. This can be a natural person as well as another company.

The founding capital can be contributed in cash or in the form of a so-called contribution in kind. In this case you bring a tangible asset (e.g. vehicle) into the LLC instead of cash.

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Facts and figures

Minimum capitalCHF 20’000.-
Formation costsCommercial Registry Office: CHF 700.- to 900.-
if necessary, audit of contribution in kind: CHF 500.- to 1,000.-
Fasoon: CHF 0.- to 290.- (with contribution in kind: CHF 490.-)
LiabilityNo personal liability
Relationship between the shareholdersA shareholder agreement permits various regulations and safeguards
Management BoardA managing director resident in Switzerland is required
NameFreely selectable
Social securityAre needed: Shareholders are treated like employees
BookkeepingDouble-entry accounting necessary

 

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