Opening a business in Glarus: what you need (cross-border guide)

Context

In a nutshell

• Opening a business in Glarus requires a number of steps and requirements. - The company must be registered with the State Office for Vocational Training (ASEF). - You must comply with tax and insurance regulations. - The company must be registered in the commercial register of the Canton of Glarus. - It is advisable to consult a lawyer or financial advisor to ensure that everything is in order.

Key facts

• Legal form : it is mandatory to register the company with the State Office for Vocational Training (ASEF). - Minimum capital: the minimum capital for limited liability companies is CHF 20,000 (Article 731c of the Code of Direct Taxes, 1 January 2010). - Registration fees: the registration fee for limited liability companies is CHF 500 (art. 733 of the Code of Direct Taxes, 1 January 2010). - Insurance obligations: limited liability companies are obliged to take out insurance against civil liability (Article 20 of the Insurance Code, 1 January 2008). - Commercial register: limited liability companies must be registered in the commercial register of the Canton of Glarus (Article 5 of the Commercial Code, 1 January 2003). - State Office for Vocational Training (ASEF): ASEF is the body responsible for the registration of companies in the Canton of Glarus.

Registration Requirements

• The company must

Operational details

The obligation to register the company with the State Office for Vocational Training (ASEF) is an essential requirement for limited liability companies in the Canton of Glarus. This step is essential for the registration of the company in the register of the municipality of Glarus and for obtaining the business license.

To open a business in Glarus, you need to follow the steps below:

• Choose a company name : The name must be unique and cannot already be used by other companies. You can use the company name verification service offered by ASEF. - Register the company with the ASEF: you must submit an application for registration of the company, which must be accompanied by a series of documents, including the certificate of incorporation, the company's regulations and the declaration of members. - Obtaining the business license: the business license is necessary for the opening of a business in the Canton of Glarus. It is possible to obtain the license from the Municipal Office of Glarus. - Pay taxes and fees: You must pay company registration fees and taxes on profits. - Release guarantees: guarantees must be issued for the opening of the business.

Here are some concrete examples:

• Example 1: A limited liability company wants to open a catering business in Glarus. The company must

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Key points

To open a business in Canton Glarus, you need to register the company with the State Office for Vocational Training (ASEF) and take out liability insurance. It is important to note that the procedure for opening a business may vary depending on the type of business and its geographical location.

📊 Here is an example of how the procedure for opening a business in Canton Glarus could be structured:

1. Company registration : It is necessary to register the company with ASEF, which is responsible for vocational training and consumer protection in the Canton of Glarus. The registration procedure can be carried out through the ASEF website or at the headquarters of the entity. 2. Liability Insurance : Liability insurance is required to cover any damage or loss caused by the business. The amount of insurance may vary depending on the type of business and its geographical location. 3. Tax obligations : You must register with the Revenue Agency of the Canton of Glarus to make tax payments and receive information about the taxes to be paid. 4. Business License : You must obtain a business license to do business in the Glarus Canton. The license can be obtained from the Commercial Office of the Canton of Glarus. 5. Insurance against

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