Switzerland Startup Visa

Once you have your plan, you can register your business with the Swiss commercial register, which requires you to choose a legal structure. These are: 

• Sole proprietorship,
• Limited liability company (GmbH)
• Corporation (AG)

After registration, you’ll need to secure the necessary permits and licenses specific to your industry. To obtain a B permit, which allows you to reside and operate in Switzerland, you must demonstrate that your business will contribute positively to the Swiss economy, typically by creating jobs or fostering innovation. This involves submitting your business plan and financial projections to the local cantonal authorities, who will evaluate your application. If approved, the B permit will grant you residence for five years, renewable as long as your business remains viable and you comply with local regulations. Networking and integrating into the local business community can also enhance your chances of success in this competitive landscape.

Requirements for Setting Up a Company in Switzerland and Obtaining a B Permit

To successfully set up a business in Switzerland and secure a B Permit, certain requirements need to be met. Here are the key aspects to consider:

1. Business Structure

• Choose an appropriate legal structure: Options include Sole Proprietorship, Limited Liability Company (GmbH/SARL), or Public Limited Company (AG/SA). Each has different requirements for share capital, liability, and management.
• Minimum Capital Requirement: For a GmbH, you need at least CHF 20,000 in share capital, while an AG requires CHF 100,000 (CHF 50,000 paid-in minimum).

2. Company Registration

• Register with the Commercial Register: All businesses must be officially registered in the Swiss commercial register in the canton where the business operates.
• Articles of Association: Submit a legally compliant document outlining the business purpose, structure, and capital.
• Swiss Bank Account: Open a corporate bank account to deposit the required share capital.

3. Endorsements and Permits

• Specific Business Licenses: Depending on the type of business, you may need industry-specific permits or licenses, which vary by canton.
• Approval from Local Authorities: Some industries may need approval or adherence to additional regulations.

4. Employment and Social Security Requirements

• Social Security Registration: All companies must register employees for social security and insurance purposes.
• Compliance with Labor Laws: Abide by Swiss employment regulations, including salary thresholds and working conditions.

5. B Permit Application Requirements

• Self-Employment Proof: Demonstrate that your business is financially viable and contributes to the Swiss economy.
• Business Plan: A detailed plan outlining financial projections, market analysis, and business strategy.
• Proof of Sufficient Funds: Show that you have enough financial resources to support yourself and the business.
• Health Insurance: Ensure that you and any accompanying family members have valid Swiss health insurance coverage.

6. Canton-Specific Requirements

Switzerland is a federal country with 26 cantons, each having its own laws and regulations. While the process of setting up a business and obtaining a B Permit is generally similar across the country, specific requirements can vary by canton

• Business Licenses and Permits: Different cantons have specific regulations for various industries and may require additional permits.
• Language Requirements: The official language used in documentation may differ, with cantons requiring knowledge of German, French, or Italian.
• Tax Incentives and Corporate Tax Rates: These can vary by canton, potentially influencing where to set up your business.
• Residence Permit Quotas: Cantonal quotas for B Permits may affect approval, especially for non-EU/EFTA nationals.

Canton-Specific Examples

• Geneva: Known for stricter language requirements (French) and higher business costs, but offers a well-connected international business environment.
• Zürich: Offers a central location and access to a large business network, but business setup costs and living expenses may be higher.
• Vaud: Attracts businesses with incentives for technology and innovation-based companies, especially in the Lausanne region.
• Ticino: The official language is Italian, and it may offer lower costs than some German-speaking cantons, making it appealing for small businesses.

7. Residence and Language Requirements

• Valid Residence Address: Have a local address in Switzerland for residence registration.
• Language Proficiency: Some cantons require a basic understanding of the local language (German, French, or Italian).