Opening a business in the Canton of Schaffhausen: Trade Register and costs (cross-border guide)

Context

In a nutshell

• The choice of legal form does not directly determine taxes and liabilities. - Registration in the commercial register is mandatory for all companies. - The costs of registration in the trade register vary depending on the legal form and size of the company.

Key facts

• What: choice of legal form
• When: not specified
• Where: not specified
• Who: not specified
• Amount: not specified

The choice of legal form is not a crucial decision in determining taxes and liabilities. Registration in the commercial register is a mandatory step for all companies, regardless of their legal form. The costs of registration in the trade register vary depending on the legal form and size of the company.

The legal form does not directly determine taxes and liabilities. Registration in the commercial register is mandatory for all companies.

Types of legal forms

The most common legal forms in Switzerland are:

• Limited liability company (SRL): it is the most common legal form for companies in Switzerland. The liability of the shareholders is limited to the share capital. - Joint Stock Company (SA): is a more complex legal form that requires a larger amount of share capital. - Sole proprietorship: it is a simple legal form for companies that are managed by a single person.

Costs of

Operational details

The responsibility of shareholders and employees is fundamental in determining taxes and responsibilities. The limited liability company (SRL) with a capital of 100,000 CHF and 2 shareholders could have a registration cost in the commercial register of about 2,000 CHF. The limited liability company (SRL) with a capital of CHF 500,000 and 5 shareholders could have a registration cost in the commercial register of about CHF 5,000. The costs of registration in the trade register vary depending on the legal form and size of the company.

To open a business in the Canton of Schaffhausen, it is necessary to register the company in the trade register of the Court of Justice of the Canton of Schaffhausen. According to the Federal Trade Act of 21 March 1942, the cost of registration with the Trade Register is CHF 1,000 to CHF 5,000, depending on the legal form and size of the business.

Concrete example: a limited liability company with a capital of CHF 200,000 and 4 shareholders could have a registration cost in the commercial register of about CHF 4,000. This cost includes the registration of the company, the drafting of the social contract and the presentation of the necessary documents.

The formation of share capital is another important aspect to consider. According to the Federal Trade Act, the share capital must be at least CHF 50,000 for limited liability companies and at least CHF 100,000 for limited liability companies

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Key points

To open a business in the Canton of Schaffhausen, you need to register with the trade register. The costs of registration in the trade register vary depending on the legal form and size of the company. It is advisable to consult a lawyer to determine the legal form best suited to your situation.

In addition, it is necessary to check whether a security deposit is required for registration in the trade register. This deposit varies depending on the legal form and size of the company.

Here is a concrete example: if you want to open a limited liability company (SRL) with a capital of 100,000 Swiss francs, the cost of registration in the commercial register will be 1,000 Swiss francs, plus the security deposit of 5,000 Swiss francs. However, if you want to open a limited liability company (Srl) with a capital of 500,000 Swiss francs, the cost of registration in the commercial register will be 2,000 Swiss francs, plus the security deposit of 10,000 Swiss francs.

It is important to note that the costs of registering with the trade register may vary depending on the Canton in which you want to open the business. For example, in the Canton of Zurich, the cost of registration in the commercial register is 1,500 Swiss francs, while in the Canton of Geneva it is 1,000 Swiss francs.

The regulations governing the registration in the commercial register in the Canton of Schaffhausen are established by Law

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