Starting a business (LLC) in the canton of Glarus
Starting a business (LLC) in Glarus Canton: the path to your own company.
Starting a business (LLC) in the canton of Glarus
The canton of Glarus, with its diversified economy and beautiful mountain landscapes, provides an ideal environment for starting a limited liability company, especially in the light industry, handicrafts and tourism sectors. The Glarus Trade Registry ensures a smooth registration process. Known for its industrial tradition and natural beauty that attracts many tourists each year, Glarus offers a welcoming community and significant support for new businesses. Numerous business networks and economic promotion programs are available. Its proximity to major cities such as Zurich and Chur ensures excellent transportation links and access to major markets. In addition, the canton invests heavily in education and vocational training, providing a skilled workforce. The high quality of life, combined with the recreational opportunities offered by the mountains, makes Glarus an ideal place to start and grow a limited liability company.
Start a limited liability company in Glarus Canton: here's how to do it!
Calculate a non-binding offer
Enter your start-up project conveniently online and benefit from cost sharing from our partners. In just a few steps you can compose your customized start-up package.
Enter the LLC's data
After calculating the non-binding offer, enter your company details. At this point you can order the incorporation of the company.
Get in touch
Our attorneys will contact you within the specified time (often less than 24 hours). You will receive all incorporation documents, discuss any uncertainties, and schedule a personal consultation.
Check the documents
You can consult, print and sign all the constituent documents at your convenience at home.
Authenticate signature
At this point you must obtain official certification of the signature (e.g., from the local authority). This confirms that the signature is indeed yours.
Entry in the commercial register
We submit all incorporation documents to the commercial register and ensure that your company is successfully registered in the commercial register. In the case of corporations, the paid-up capital is transferred to a business account after publication and is available to your company.
Celebrate
Congratulations on the successful founding of your company. Your company is now active and can operate.
Definition of the LLC in Switzerland
We believe that personalized advice is the key to best understanding our clients' individual needs and challenges and offering tailored solutions.
Starting an LLC: Advantages
- Low cantonal tax rate — one of the more affordable in Switzerland
- Very lean public administration — fast processing times
- Low commercial rents and operating costs
- Good access to Zurich (approx. 1 hour)
- Textile and manufacturing heritage; outdoor and lifestyle industry
Starting an LLC: Disadvantages
- Very small canton — limited local investor and market base
- No direct motorway access
- Few international business connections
- Swiss residency required for at least one board member
- AG compliance obligations are significant
What should I consider if I want to start a limited liability company in Glarus Canton?
A minimum of CHF 20,000 (fully released) is required to establish a LLC.Info: The founder of an PLC or LLC cannot draw money from the pension fund because he is employed in his own company on the basis of an employment contract. He is therefore not considered self-employed under OASI law.
The LLC requires at least one partner and one managing director, which can be the same person. A managing director with signature authority must also be a resident of Switzerland.
The audit is mandatory for 10 or more employees. Under Article 727 CO, an LLC is subject to ordinary audit if it exceeds two of the following thresholds in two consecutive fiscal years: Balance sheet total: 20 million francs - Turnover: 40 million francs - Full-time employees: 250.
Your LLC is subject to value added tax only if its turnover exceeds CHF 100,000. However, you can also voluntarily apply VAT to a lower turnover.
What you need to know about the LLC!
AG Incorporation Requirements in Glarus
- Minimum share capital: CHF 100,000 (at least CHF 50,000 paid up)
- At least one board member domiciled in Switzerland
- Notarial deed required for articles of association
- Registration with the Glarus Commercial Register
- Company name must include "AG" / "SA"
Key Legal Facts
- Shareholder liability limited to share capital
- Annual accounts and statutory audit required
- VAT registration required above CHF 100,000 annual turnover
Canton-Specific Notes
- Attractive for cost-sensitive AGs or holding structures
- Outdoor, tourism and lifestyle corporations benefit from the alpine setting