Europe · GmbH
Cost to register a company in Switzerland
Switzerland is one of the more expensive jurisdictions to start AND to maintain, and the headline number understates it because CHF 20,000 of capital must be locked in before you begin. The unavoidable setup costs are the notarized deed (roughly CHF 700–2,000), the commercial-register entry (around CHF 600), and the professional fees to assemble it all. The bigger long-run cost is the Switzerland-resident representative the law forces on any company without a local officer — typically several thousand CHF a year — plus mandatory bookkeeping and the small annual capital tax. There is no 1% issuance stamp duty on a standard GmbH, because the first CHF 1,000,000 of capital is exempt.
- Country
- Switzerland
- Topic
- Cost breakdown
- Reviewed
- June 2026
By the Lanzamo Editorial Team · Reviewed June 2026 · How we research
| Item | One-time | Recurring | Notes |
|---|---|---|---|
| Capital — paid in (CHF 20,000) | $22,000 | — | Minimum GmbH capital, fully paid into a blocked account before incorporation. It is the company's money once released — not a fee — but it must be funded up front. |
| Government / commercial-register fee | $700 | — | ~CHF 600 register entry for a GmbH capitalised up to CHF 200,000; plus SOGC/SHAB publication. Cantonal variations are small. |
| Notary — public deed | $800–$2,300 | — | Roughly CHF 700–2,000 for a standard GmbH deed of incorporation, including Stampa and Lex Koller declarations. Mandatory — no online substitute. |
| Registered office (Sitz address) | — | $600–$3,000 | A real address in the chosen canton; ranges from a modest domiciliation service to a serviced office, depending on substance needs. |
| Switzerland-resident representative / director | — | $3,000–$12,000 | Required by Art. 814(3) CO if no owner/officer lives in Switzerland. A fiduciary mandate; cost rises with the responsibility and substance involved. |
| Accounting / fiduciary (Treuhand) | — | $2,000–$6,000 | Statutory bookkeeping and annual financial statements. Small GmbHs can usually opt out of a statutory audit, which keeps this down. |
| VAT registration & returns | — | $0–$2,000 | Registration itself is free; cost is the fiduciary's fee for quarterly VAT returns and, for a foreign-controlled company, a Swiss fiscal representative — only once liable. |
| Capital tax (annual) | — | $50–$500 | Small cantonal/communal tax on net equity; some cantons credit it against income tax. Modest for a CHF 20,000 GmbH. |
| Issuance stamp duty (1%) | — | — | Not payable on a standard GmbH — the first CHF 1,000,000 of capital is exempt, so a CHF 20,000 company owes nothing. |
| Formation agent / advisory package (optional) | $1,500–$5,000 | — | What most non-residents actually buy: bundles name clearance, articles, notary coordination, bank introduction and register filing. |
Realistic all-in first year
$8,000 – $25,000
Excluding the CHF 20,000 capital (which stays the company's money), realistic first-year cash cost is roughly $8,000–$25,000 all-in for a non-resident, driven mainly by the resident-representative mandate, the notary deed and the fiduciary. After year one the one-off deed and register fees fall away, but the recurring stack — resident representative ($3,000–$12,000), accounting ($2,000–$6,000), registered office ($600–$3,000), VAT and capital tax — persists. Budget roughly $6,000–$20,000 a year ongoing, so call it $20,000–$60,000 over three years before tax. That makes Switzerland materially more expensive to maintain than the UK or Estonia, with the resident-representative requirement being the structural reason.
Frequently asked questions
What's the true minimum to start a Swiss GmbH?
You must be able to fund CHF 20,000 of capital (about $22,000) into a blocked account — that is the company's money, but it has to be there first. On top of that, the unavoidable fees are roughly CHF 600 to the register and CHF 700–2,000 to the notary. Realistically a non-resident also pays for a resident representative and a fiduciary, so a genuine all-in first year is several thousand dollars beyond the capital.
What is the single biggest ongoing cost for a foreign owner?
The Switzerland-resident representative. Because Art. 814(3) CO requires a managing officer domiciled in Switzerland, a founder with no local partner must mandate a fiduciary to provide one — commonly several thousand CHF a year, and more where real responsibility or substance is involved. It is the structural reason Switzerland costs more to maintain than the UK.
Do I really have to lock up CHF 20,000?
Yes. Unlike a UK Ltd (£1 nominal) or a U.S. LLC (no minimum), a Swiss GmbH requires CHF 20,000 of capital fully paid into a blocked account before the register will enter the company. The cash is released into the business account after incorporation and is usable by the company — but you must be able to fund it up front, which rules Switzerland out for shoestring starts.
Is there any stamp duty or franchise tax I should expect?
No 1% issuance stamp duty on a standard GmbH — the first CHF 1,000,000 of capital is exempt, so CHF 20,000 of capital triggers none. There is no federal annual franchise fee either, but cantons levy a small annual capital tax on net equity. The real recurring costs are the resident representative, accounting and (if liable) VAT compliance, not stamp duty.
Sources
- Zefix — Federal Central Business Names Index / commercial register (official)
- ESTV / FTA — Swiss Federal Tax Administration (official)
- ESTV / FTA — Swiss VAT rates (official, 8.1% standard)
- ESTV / FTA — Withholding tax (Verrechnungssteuer, official)
- EFD / Federal Department of Finance — Implementation of the OECD minimum tax in Switzerland
- Swiss Code of Obligations — Art. 814 (managing officers, Swiss-resident representative)
- PwC Tax Summaries — Switzerland corporate taxes on income
- PwC Tax Summaries — Switzerland other taxes (issuance stamp duty, capital tax)
- PwC Switzerland — international corporate tax comparison (cantonal rates)
More on Switzerland
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