Juni Einzelunternehmen, so ist deren Umsatz zusammenzurechnen. Für alle anderen Einzelunternehmen ist der Eintrag freiwillig (HRegV 36). HRegV. Commercial register regulation of 17 October Hrsg. Administrative practice of tax authorities (Verwaltungspraxis der Bundesbehörden). VStG. (). companies limited by shares is available at .ch/ch/d/sr/chtml (art. 78 HRegV [Commercial Register Ordinance]).

Author: Akigor Akinomi
Country: Niger
Language: English (Spanish)
Genre: Life
Published (Last): 16 April 2007
Pages: 189
PDF File Size: 8.46 Mb
ePub File Size: 20.3 Mb
ISBN: 342-7-45807-264-6
Downloads: 78454
Price: Free* [*Free Regsitration Required]
Uploader: Kataur

List of abbreviations –

According to legal doctrine and jurisprudence, two conditions have to be met: Switzerland’s sovereignty and neutrality avmin long been honored by the major European powers, and the country was not involved in either of the two World Wars.

Switzerland participates in various international tax mechanisms, including: Switzerland does not levy withholding tax on royalties uregv service fees. Another option is to create an Association with the same purpose as a foundation. The Federal Council is elected by the Federal Assembly for a four-year term.

With all these organizations active in Switzerland, it is natural that the Swiss Charitable Foundation is a frequently used entity.

Enterprise foundations have two main forms. Losses may be carried forward for seven fiscal years and may be used against any capital gains or income. The political and economic integration of Europe over the past half century, as well as Switzerland’s role in many UN and international organizations, has strengthened Switzerland’s ties with its neighbors. Under Jregv No 30 the creation of a fixed interest trust is treated as a donation from the hrrgv to the beneficiaries.


In addition the AMLA provides for reporting duties on the trustee in case of any suspicious transactions.

Switzerland | Offshore zones | Offshore and International Law | GSL

Generally, the tax liability arises on special legal transactions such as the issuance of shares or the trading of securities securities transfer stamp tax. According to constant legal practice of the Federal Supreme Court, the list of purposes for which family foundation may be set up is an exclusive list.

Family foundations do not need to be registered in the commercial registry in order to obtain legal personality. Since income and capital taxes are deductible in determining taxable income, the effective tax rate is 7.


Tax basis includes companies’ worldwide income with the exception of income attributable to foreign permanent amin or foreign immovable property, which are tax-exempt.

In Switzerland no duty exists for professional trustees to register with a supervisory authority. The combination of a favorable tax regime and a regulated environment is an advantageous one. Capital tax levied on capital at a rate between 0.

The foundation is entered into the commercial registry based on the Foundation Charter and indicating the members of the Foundation Council. The yearly tax assessment is then issued by the cantonal tax administration.

The concept of an enterprise foundation is unknown in Swiss legislation. Generally speaking, Annual Return is a short review on ad,in current state of the company, which is prepared by the company secretary hregb. There are many purposes behind establishing an enterprise foundation. The settlor remains taxable and distributions to beneficiaries are treated as gifts from the settlor. In Switzerland, there are more than 8, businesses having adopted this legal structure.


According to the Circular No. Switzerland’s most important economic sector is manufacturing. Dividends generally are taxable for the recipient company, although relief is granted for dividends received from a qualifying participation in a resident or nonresident company. There is combined tax return filing for both federal and cantonal income tax purposes. Hence, a Hregvv trustee is never subject to tax for the trust assets and the trust income.

Every business must have an address in Switzerland at which the registered offices can be contacted. Details VAT is levied at federal level only. Capital gains are included in taxable profits and subject to normal corporate income tax.

Federal Act on International Withholding Tax. The hergv are not publicly accessible. Nonresidents are taxed on Swiss employment income, business profits and profits attributable to Swiss immovable property.