What should be taken into consideration when establishing a limited liability company (SARL)? Here is a non-exhaustive checklist.
- Budget for start-up costs
- Decide on the corporate name
- Share capital, members' shares and definition of capital paying-up methods (in cash and/or in kind)
- Appoint partners and management
- Choose the bank for the share escrow account and open said account
- Decide on the corporate name (trade register)
- Draft the incorporation documents, articles of association, etc.
- Submit the incorporation documents to the notary and the trade register to be checked and possibly corrected
- If an auditor has been appointed, request acceptance
- Organize the inauguration of the company
- Entry in the trade register
- Payment of members' shares to the bank (upon presentation of a copy of the registration with the trade register)
- If you have employees (as a founder you are also considered to be an employee): register with the AVC compensation fund and take out compulsory LPP and LAA insurance policies
- Inform the Swiss Federal Tax Administration (FTA) that your company will be collecting VAT.
