Switzerland Foundation
A Swiss foundation can be registered with a minimum capitalization of CHF 20,000, which can take the form of cash or other asset types. The foundation is run by a Board, with a requirement to have at least one Board member in Switzerland; it is additionally possible to apply with the Switzerland tax office for charitable status, provided the foundation is a non-profit organization and finance humanitarian, health, ecological, educational, scientific or cultural activities and projects. Upon approval, the foundation is legally tax exempt in Switzerland.
Switzerland Foundation Legal Requirements
Switzerland Foundation |
Corporate Details |
General |
|
|
Yes |
|
Foundation |
|
To perpetuity |
|
CHF 20,000 |
|
Yes |
Founder |
|
|
2 |
|
Yes |
|
Beneficiary but not a sole Beneficiary |
Foundation Council |
|
|
1 |
|
Founder may be a Councillor but not the sole Councillor |
Secretary |
|
|
Yes |
Accounts |
|
|
Yes |
|
Yes |
|
Yes |
Switzerland Foundation Tax Treatment
Between 0% and 24%
Switzerland Foundation Duration for Set Up
Around 4 Weeks
Switzerland Foundation Distinctive Benefits
- Strong economy and currency
- Liberal tax system
- Efficient and reliable administration
The Valsen Advantage
- Speedy, Efficient and consistent Services.
- Relentless effort to obtain bank accounts.
- Expert advice on structuring options.
- Dedicated ongoing compliance support.