Gesellschaft mit beschränkter Haftung
Ideal for solo founders, SMEs, holding structures, freelancers. Simpler governance — no board required. The most popular structure for non-resident founders starting out in Switzerland.
- CHF 20,000 minimum share capital
- No board of directors required
- Shareholders listed publicly in register
- Simpler corporate governance
- Up to 200 quota-holders
- Preferred for holding structures
Aktiengesellschaft (Stock Corporation)
Preferred for VC-funded companies, institutional investors, crypto projects. Shareholders are private. Board required. The go-to structure when investors or banks require a Swiss AG.
- CHF 100,000 share capital (min. deposit: CHF 50,000)
- Board of directors required (1+ members)
- Shareholders NOT listed publicly
- Preferred for institutional investors
- Easier to issue and transfer shares
- Ideal for fundraising and VC deals
| Cost Item | GmbH | AG |
|---|---|---|
|
Share Capital (min.)
This is YOUR money — it goes into your company account after incorporation
|
CHF 20,000 | CHF 100,000 min. deposit: CHF 50,000 |
| Notary Fees | CHF 800–1,500CHF 0 | CHF 1,200–2,500CHF 0 |
| VOZ Setup Fee (one-time) | CHF 149 | CHF 149 |
| Commercial Register Fee | CHF 550 | CHF 550 |
| VOZ Address (annual) | From CHF 708/yr | From CHF 708/yr |
| Swiss Director (annual) | From CHF 3,000/yr | From CHF 3,000/yr |
| Annual Accounting (minimum) | From CHF 1,200/yr | From CHF 1,500/yr |
| Estimated First-Year Total | ~CHF 25,500–27,000 full capital deposit + notary CHF 0 |
~CHF 55,000–58,000 50% capital deposit + notary CHF 0 |
Week 1: Address & KYC
Order your VOZ registered address and complete identity verification online. Your Zug domiciliation address is active within 48 hours and ready for the articles of association. KYC takes 2–3 business days.
Week 1–2: Draft Articles & Notarise
Your notary drafts the articles of association. You sign before a Swiss embassy or via apostille with a local notary in your country. A 20–30 minute appointment. The notary simultaneously opens a capital deposit account at a Swiss bank.
Week 2: Capital Deposit
Transfer the minimum share capital to the blocked capital account: CHF 20,000 for GmbH / CHF 50,000 for AG (50% of CHF 100,000 — the remaining 50% can be called up later). The bank issues a written confirmation letter for the notary. This is not a cost — it stays in your company.
Week 3–4: Commercial Register
The notary submits all documents to the Zug Handelsregister. Processing takes 5–10 business days. Your company appears on ZEFIX. You receive the official commercial register extract by email. Your Swiss company is live.
He spent CHF 20,000 on his GmbH. He invoiced CHF 48,000 the first month.
Julien had been freelancing as a strategy consultant from Lyon for four years. His problem was not clients — it was the conversation he kept having with procurement at large French companies.
“We need a company, not a sole trader. And preferably European — or Swiss.”
He incorporated his Zug GmbH in February. CHF 20,000 share capital deposited. CHF 0 notary via the UBS partnership. Three weeks later, he had his CHE number.
In March, he landed a three-month retainer he had been chasing for a year. The procurement team had rejected his freelance proposal twice. They signed the company contract without a second conversation.
The GmbH paid for itself in the first invoice. Everything after that was pure leverage.— Julien M., Strategy Consultant · Lyon · GmbH, Zug
His VC said “Swiss AG or nothing.” He had 6 weeks.
Wei had been in term sheet negotiations for four months. His US lead investor was ready to wire. His Swiss co-investor had one condition: “The entity must be a Swiss AG. Clean cap table. No offshore.”
Wei had never incorporated in Switzerland. He had six weeks before the term sheet expired.
VOZ activated his Zug address in 48 hours. The notary drafted the articles within a week. Wei signed at the Swiss consulate in Singapore on a Tuesday. The capital deposit cleared Thursday.
His Swiss AG was in the commercial register before the term sheet deadline. The wire came through the following Monday.
Six weeks seemed impossible. VOZ made it feel routine. My investors were impressed by how clean the process was.— Wei L., SaaS Founder · Singapore · AG, Zug
She needed a holding structure before her Dubai business paid its first dividend.
Aisha had a profitable trading company in Dubai. Her accountant had told her for two years: “Set up a holding before you take dividends. Switzerland is the best option.”
She had delayed because she thought it would be complicated.
It was not. VOZ address in 48 hours. KYC in two days. She signed at the Swiss embassy in Abu Dhabi on a Wednesday. Her Zug GmbH holding was active before the end of the month.
The first dividend her Dubai company paid to her Swiss holding triggered 0% withholding under the UAE-Switzerland treaty. She wishes she had done it two years earlier.
I delayed two years because I thought it was complicated. It took three weeks. That delay cost me more than I want to calculate.— Aisha K., Business Owner · Dubai · GmbH Holding, Zug
"The CHF 0 notary fee was the thing that tipped me. I had been quoted CHF 1,800 by a Zurich notary. VOZ’s UBS partnership saved me that on day one."
"My share capital came back to my company account two weeks after registration. I had been nervous about ‘losing’ CHF 20,000. There was nothing to worry about."
"I chose AG over GmbH because my co-founder and I needed a clean share structure. The VOZ team explained the difference in ten minutes. Right decision."
"The consulate appointment in Dubai took 25 minutes. That was the only time I did anything in person for the entire incorporation."
"Three weeks from ‘I want a Swiss company’ to seeing my company on ZEFIX. Faster than I expected and smoother than I feared."
- Zug registered address
- Active in 48 hours
- Handelsregister compatible
- Domiciliation certificate
- Client dashboard access
- Full GmbH formation
- CHE number in 5 days
- 100% remote process
- UBS account opening support
- CHF 0 notary via partnership
- Art. 718 CO compliant
- All nationalities welcome
- Clear governance agreement
- You retain full control
- Replace anytime
