Establish a sole proprietorship in the canton of Zug
Establish a sole proprietorship in Canton Zug: the path to your own business.
Establish a sole proprietorship in the canton of Zug
The Canton of Zug is renowned for its advantageous tax conditions and high quality of life, making it an ideal destination for setting up a sole proprietorship. The Zug Trade Registry facilitates an efficient registration process for entrepreneurs. The region offers a strong economic infrastructure, particularly in the areas of finance, trade and IT. Zug is home to many international companies, providing a strong network and numerous business opportunities. The central location and well-developed communication routes add to the canton's attractiveness. In addition, Zug has numerous co-working spaces and start-up centers that support new businesses.
Set up a sole proprietorship in Canton Zug: here's how to do it!
Calculate a non-binding offer
Enter your start-up project conveniently online and benefit from cost sharing from our partners. In just a few steps you can compose your customized start-up package.
Enter the data of the sole proprietorship
After calculating the non-binding offer, enter your company details. At this point you can order the incorporation of the company.
Get in touch
Our attorneys will contact you within the specified time (often less than 24 hours). You will receive all incorporation documents, discuss any uncertainties, and schedule a personal consultation.
Check the documents
You can consult, print and sign all the constituent documents at your convenience at home.
Authenticate signature
At this point you must obtain official certification of the signature (e.g., from the local authority). This confirms that the signature is indeed yours.
Entry in the commercial register
We submit all incorporation documents to the commercial register and ensure that your company is successfully registered in the commercial register. In the case of corporations, the paid-up capital is transferred to a business account after publication and is available to your company.
Celebrate
Congratulations on the successful founding of your company. Your company is now active and can operate.
Definition of a sole proprietorship in Switzerland
We believe that personalized advice is the key to best understanding our clients' individual needs and challenges and offering tailored solutions.
Setting up a sole proprietorship: Advantages
Setting up a sole proprietorship in Canton Zug offers tax advantages and a strong business community. The region, with excellent infrastructure and transportation links, is ideal for trade and financial services, attracted by a high quality of life and a business-friendly environment.
Setting up a sole proprietorship: Disadvantages
Establishing a sole proprietorship in Canton Zug has disadvantages such as high living and rental costs, which can be a significant burden for new businesses. Bureaucracy and tax regulations can be complex and take time and resources to navigate. Competition in the financial and service sectors is intense, making it difficult for small businesses to gain visibility. In addition, the need for networking to access business opportunities can be a barrier for new entrepreneurs.
What should I consider if I want to set up a sole proprietorship in Canton Zug?
The family name must appear in the company name: for example, Müller Malerbetrieb or Keller Montagen, but the company name must not be misleading or descriptive. Company names such as Rudolf Stahlhandel AG are therefore not allowed if the company does not trade in steel.
Business registration is generally optional up to a turnover of 100,000 Swiss francs. However, entry in the commercial register is recommended in any case. The excerpt from the commercial register is always very useful: for example, for opening a bank account, for opening a P.O. box or a safe deposit box, in international trade, for one's telephone connection, and much more.
The following points must be observed when collecting retirement benefits: You must be able to credibly prove to the relevant compensation office that you will be self-employed. To do this, you must fill out the attached AVS form and attach appropriate evidence, such as three offers to potential clients, three invoices already issued to clients and a business plan for your project.
To apply to the pension fund, a neat file with all forms and documents should be prepared. If possible, it is advisable to make an appointment with the relevant authority and bring the file in person or appear in person at the compensation fund. Experience shows that in this way the authorities have more confidence in your project and your application has a better chance of success.
What you need to know about sole proprietorship!
Setting up a sole proprietorship in Switzerland is a relatively simple and straightforward process that is ideal for small entrepreneurs and freelancers. No minimum initial capital is required, but the owner must be a resident of Switzerland. The firm must be registered with the Commercial Registry if the expected annual turnover exceeds CHF 100,000; otherwise, registration is optional but recommended to increase credibility. It is essential to choose a name that includes the owner's last name. Liability is unlimited, so the owner is liable with his personal assets for the debts of the firm. Accounting can be kept in a simplified manner, but it is still necessary to keep records of income and expenses. From a tax point of view, the firm's income is taxed as the owner's personal income. In addition, it is compulsory to register with social insurance and pay contributions for OASI (Old Age and Survivors Insurance). Switzerland offers a favorable entrepreneurial environment with numerous support programs for small businesses and start-ups.