Swiss Business Registration Service
Hotline: 86-755-82143422 Email: anitayao@citilinkia.com
A Sole Proprietorship or just a Proprietorship (also known as an individual enterprise, one-man business, sole trade or self-employed person) is the most simple business unit, which is registered as a private person, who manages his business himself and has an unlimited liability. A sole proprietorship is ideal for doing any kind of small business and as a start-up. A Sole Proprietorship can have hired personnel as well as any other business entity.
Sole Proprietorship in Switzerland-Advantages of a Sole Proprietorship:
Formation is faster and easier than with the other business forms
Owner has full control of his business and gets all profits
No minimum starting up capital
No legal audit and disclosure is required
Sole Proprietorship in Switzerland-Conditions
A Sole Proprietorship is not obliged for being registered at Commercial Register if its annual turnover is less then 100,000 CHF. If the annual turnover does not exceed 100,000 CHF, the registration in Commercial Register is still preferable. Foreigners (except EU citizens) may register as a Sole Proprietorship only having a residence in Switzerland with C-Permit (settlement permit). Domicile in Switzerland is not mandatory. No other special permission is needed, except license for those businesses which demand it by Swiss law.
Sole Proprietorship in Switzerland-Naming
A Sole Proprietorship should be named by the business owner’s family name, with or without adding his first name: However, it’s not possible to use the same name at one local area, so if somebody has already registered his business with the same name before, the newest business must take some ending to his name to make some distinct changes.
Sole Proprietorship in Switzerland-Taxes and Contributions
A Sole Proprietor is obliged to pay a Federal Direct Tax at the personal income tax rate. There are such dues for social insurance on his responsibility: health insurance, invalidity ins. (IV), retirement ins. (AHV), and loss of earnings compensation (EO).
Contact Us
If you have further queries, don’t hesitate to contact ATAHK anytime, anywhere by simply visiting ATAHK’s website www.3737580.net , or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com