Switzerland is a founding member of the European Free Trade Association, though prominently, it is not a member of the European Union, nor the European Economic Area. Still, the nation does engage in the Schengen Area and the EU’s single market within a number of bilateral treaties.

Overview

Association Romande des Intermédiaires Financiers” (ARIF) – a non-profit foundation of a public servant who was identified in 2009 by Financial Market Authority (FINMA) for autonomous asset managers. This self-regulatory organism offers a Certification of Membership which would provide a successful candidate to conduct portfolio management actions within and outside Switzerland.

To become a part of ARIF, a limited company with primary capital not less than CHF 20,000 is to be recorded under the legislation of Switzerland. A company must have minimum one director of Swiss nationality, in this respect, OFFSHORELICENSE does provide nominee services.

All members who will attend portfolio management must have a sufficient level of education and expertise backed by CVs and relevant diplomas, as well as they must have a permit to work in Switzerland. Specific training is designated by statute for all members of the organization. Training takes place after the affiliation to ARIF. All the men and women associated in the activities subordinate to the Swiss Anti-Money Laundering Act must supply a personal file.

Advantages

  • Respectful jurisdiction
  • Economic stability
  • Low tax rates
  • Friendly business conditions
  • Banking service
  • Limited liability of a business
  • Chance to give shares
  • No further exams or test must be passed for designated persons
Notable features

General information

Company structure and staff:

  • At least one shareholder required. Can be a legal entity or natural person, no nationality restrictions
  • At least one director required. Can be only natural persons, at least one must be of Swiss nationality

Details of shareholder(s) and director(s) – part of the public record;

Timeframe

Within 90 days

Capital

Minimum paid-up capital requirements:

15000.00 Pound

Taxation

Average 12%

Accounting and Audit obligations

  • Presenting financial statements
  • Presenting an annual report
  • Audit/partial depending on the size of the company.

Registered office – Needed

Secretary – Needed

Company name

Language: English

Suffixes to express limited liability: GmbH or Ltd lab. Co

Must add the following word at the end of the business name: Limited

Procedure

In order to obtain a license, the following actions will be carried out:

  • Gathering of appropriate documents for initial verification
  • Application to reserve company name
  • Development of relevant papers
  • Development and submission of the application and papers to the Registry
  • Incorporation of the company
  • Opening of the local bank account
  • Application to ARIF
Documents

In order to obtain a license, Startup Formations will fill all required application forms and also get apostilled corporate documents.

For that reason, kindly present us with the following documents:

  • Notarized copy of valid passport (all of Director)
  • Notarized copy of proof of address
  • Bank reference
  • Legal reference
  • CV
  • Diploma of higher education

For corporate shareholders need to provide the following:

  • Passport of an Authorized Person of the statutory entity (to be verified correct copy by Notary Public or Embassy)
  • Utility Bill as evidence of residency of an Approved Person for the body Corporate (to be verified true copy Notary Public or Embassy)
  • Latest CV describing the Educational background and Working Experiences of an Approved Person for the body Corporate
  • Registries of Business listing down the names of Administrator, Shareholder, Auditor, Company Secretary (to be verified true copy by the Company Secretary or Notary public)
  • Certification of Incorporation
  • Certificate of Registered Address of the Business (to be verified authentic copy by the Company Secretary or Notary public)
  • Copies of three (1) year examined economic statements/annual statements introducing the application

All documentation shall be provided in English*

* If records are not in English, then they must be brought by a notarized translation.