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There are several ways for an immigrant to start a business in this country. Documentation. The most demanded lines of business in Switzerland.
To immigrate to Switzerland, you can bring your business idea there and implement it. This will make it possible to simplify the move and obtain a residence permit for young and promising professionals in Switzerland.
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There are several ways for an immigrant to open a business in this country:
- if you have a business visa category C after 10 years of residence;
- registering a business for a husband or wife, a Swiss citizen or a card holder with a residence permit;
To apply to open a business in a local canton, you need to meet several criteria:
- have business and professional experience;
- availability of jobs for local residents;
- opportunity to invest;
- the opportunity to prove the effectiveness of business in relation to the country's economy;
- availability of a cooperation agreement with local cooperatives;
If the application is approved, the applicant applies for a business visa and can receive a residence permit for a year. Without a Swiss resident, it will not be possible to officially open a business. A potential entrepreneur can choose any of the following forms of business:
- LLC with an authorized capital of 20 thousand francs;
- joint-stock company with an authorized capital of 100 thousand francs;
It is also necessary to have founders, shareholders, a nominee director and a legal address, regular accounting and reporting. Before starting a business, you need to decide on the direction, form of a legal entity and draw up a business plan, which you will need to apply to the Business Assistance Center of the Swiss Embassy. As soon as everything is agreed, the businessman will need to open a deposit account with a bank, depositing an amount from 5 to 25 thousand francs. Then the authorized capital in the amount of at least 20 thousand francs is transferred there.
The following documents will need to be submitted to the law firm
- bank statement on the authorized capital;
- information about the founders;
- premises lease agreement;
Registration of all official papers takes within 21 days. To apply for a category D business visa, you will need a completed application form, a passport, a certificate of no criminal record, an invitation from the canton, and a bank statement confirming that you have an account. You will also need to briefly describe the reasons for your move.
The most demanded lines of business in Switzerland
These are tourism, finance, medicine and agriculture. Innovative technologies in business are especially welcome: the owners of such enterprises pay minimal taxes. With regard to taxation, entrepreneurs in Switzerland are required to pay:
- federal – VAT, tobacco and alcohol excises, transport, income tax 8.5%;
- cantonal – for profit, property, per capita, for households, each region sets the amount itself;
- municipal, deducted to the budget of the administration of the settlement at the location of the enterprise.
The current VAT rate is 7.6%. The main advantages of doing business in Switzerland include the opportunity to find investors, enlist the support of the authorities and do business in an economically stable country. The disadvantages include considerable financial costs and the need to obtain a work permit. In any case, to start a business, you need a lot of own funds and interesting, promising ideas.
