Founding an LLC in Switzerland
Before setting up a limited liability company (LLC), several aspects need to be considered in preparation. We outline the most important points.
The most important steps to take before forming an LLC
Company name
The company name can be freely chosen in principle, but it must correspond to the facts and not give rise to any deception. In addition, it must be completed with the addition “ LLC.”
Define the purpose of the LLC
You must define in your own words an appropriate purpose for your LLC before starting it.
Determining the domicile of the LLC
Before founding your LLC, establish the registered office and then the domicile of your company.
Define the members of the LLC
Decide which people should be involved in the LLC and who has signature rights.
Starting capital
The initial capital of an LLC must be at least CHF 20,000, so each share must have a par value of at least CHF 100.
Corporate management
Appoint a director. If there is to be more than one director in your Sagl, a president must also be appointed.
Value added tax
The LLC is subject to value added tax if the expected turnover exceeds CHF 100,000.
Pension fund assets
It is not possible to withdraw the pension fund's assets in advance either in the case of the establishment of a LLC or a joint stock company (PLC).
Advertising materials
Create your company logo, business cards and letterhead.
Download Checklist
Download the checklist for preparing for self-employment with a LLC in PDF format now!
Preparation for founding an LLC
The decision to establish a sole proprietorship is an exciting step on the road to entrepreneurial success. We want to give you some essential tips to maximize your chances of success:
Business idea and market analysis
Develop a clear and realistic business idea. Conduct a thorough market analysis to understand demand, competition and potential customers. Identify your niche and consider how to differentiate yourself from the competition.
Create a business plan
A solid business plan is the foundation of your company. It should include your business strategy, market analysis, financial projections and marketing plans. A well-designed business plan not only helps you obtain financing, but also serves as a road map for your company.
Clarify the legal aspects
Find out the legal requirements for setting up a sole proprietorship in your country. This includes company registration, registration with the tax office and any industrial licenses. Also think about taking out appropriate insurance coverage.
Securing financing
Plan your finances carefully. Think about the amount of start-up capital needed and how to raise it. This can be through equity, loans or investors. Be sure to always provide a financial reserve.
Accounting and taxes
Set up a solid accounting system from the beginning. This will help you keep track of your finances and simplify tax returns. Consider whether you want to take care of the bookkeeping yourself or hire a tax advisor.
Create a network
Create an active network to make contacts in your industry. A strong network can help you in business development, customer acquisition and problem solving. Take advantage of both face-to-face and digital networking opportunities.
Marketing and customer acquisition
Develop a marketing strategy to reach your target audience. Use various channels such as social media, online marketing, local advertising, and networking events. Focus on building a strong online presence.
Flexibility and willingness to learn
Be flexible and willing to learn from mistakes. The road to success is rarely straight and requires adaptability and a willingness to constantly learn and develop.
Self-management and work-life balance
As a sole proprietor, you are responsible for everything, which can quickly lead to overwork. Be sure to manage your time well and give yourself regular breaks to stay productive and healthy in the long run.
Seek support
Do not hesitate to seek help and advice from mentors, coaches or other entrepreneurs. Starting a sole proprietorship requires courage, commitment and careful planning. With the right preparation and attitude, you can overcome challenges and build your business successfully. Good luck on your entrepreneurial journey!
How can I best prepare for the establishment of an LLC?
With the free business plan software you can easily and conveniently create the business plan for your sole proprietorship. If you wish, you can have the business plan checked by a specialist.
Our partner for fiduciary matters is Findea AG. At www.findea.ch you can easily calculate a quote online for your bookkeeping, payroll preparation, tax return preparation and many other fiduciary services.
Findea AG is represented by 10 branches throughout Switzerland.
It is essential that you get expert advice on this aspect of the foundation process. That way you will not forget anything and there will be no problems with public offices. We therefore recommend founding an LLC through www.startups.ch.
When starting their own business, founders of a company usually have questions about the appropriate legal form, liability, company name, OASI/DI/IPO, business registration, taxes (VAT), and more. Startups.ch experts will provide you with basic knowledge on the most important topics related to setting up a company in the course “Setting up a company the smart way.”