Start a Company in Valais

Key Steps to Start a Company in Valais

1. Choose the Business Structure

Selecting the right legal structure for your company is the first step. In Switzerland, the most common business structures include:

• Sole Proprietorship (Entreprise individuelle): Ideal for individuals who want to run a small business alone. It is simple to set up and requires minimal capital.
• Limited Liability Company (Sàrl): Suitable for small to medium-sized businesses, this structure limits the liability of owners to their capital contribution. The minimum capital required is CHF 20,000.
• Public Limited Company (SA): Best for larger businesses or those planning to raise capital publicly. It requires a minimum capital of CHF 100,000.
• Branch of a Foreign Company: If expanding an existing international business, you can register a branch in Valais, subject to Swiss regulations.

2. Choose a Company Name

Your company name must be unique and not conflict with existing registered companies. It is important to ensure that the name reflects your business activity and complies with Swiss regulations. You can check the availability of your proposed name with the Swiss Commercial Register.

3. Draft the Articles of Association

The Articles of Association define the structure and rules of your company. For Sàrl and SA entities, these documents must specify details such as the business objectives, capital structure, and shareholder rights. It is essential to have this document drafted accurately.

4. Open a Swiss Bank Account

To begin the registration process, you will need to open a business bank account in Switzerland. The bank will require you to deposit the necessary share capital—CHF 20,000 for a Sàrl or CHF 100,000 for an SA. The bank will issue a certificate confirming the capital deposit, which is required for the registration process.

5. Register with the Swiss Commercial Register

Once your company structure is in place, the next step is to register with the Swiss Commercial Register. You must submit the Articles of Association, proof of share capital deposit, and the identification of company founders. Once registered, your company will be officially recognized in Switzerland.

6. Obtain Required Permits and Licenses

Certain types of businesses may require additional permits or licenses, depending on their industry. For example, if you are opening a restaurant or offering medical services, you will need specific permits. Make sure to check the relevant authorities to comply with local regulations.

Taxation and Compliance

Switzerland has a competitive tax regime, and Valais offers attractive tax rates for businesses. Companies in Valais are subject to federal, cantonal, and municipal taxes. Corporate tax rates in the canton are favorable, especially for small and medium-sized enterprises (SMEs). Proper tax planning and accounting are essential to ensure compliance with all tax obligations.

Advantages of Starting a Company in Valais

• Favorable Tax Rates: The canton of Valais offers attractive tax conditions for companies, helping businesses reduce their tax burden.
• Strategic Location: Valais is well-positioned for access to both the Swiss and European markets, benefiting businesses involved in trade.
• Skilled Workforce: The region is home to a highly skilled and multilingual workforce, ideal for businesses in various sectors.
• Quality of Life: Valais offers a high quality of life, making it an attractive location for entrepreneurs and employees.