Yarel + Partners

Following are the approximate costs of opening and operating SA and SARL Swiss companies. The data is organized and presented in table form for easy comparison and evaluation.

"Fidusuisse SA"- has the experience of establishing such companies for our clients.
Fidusuisse SA is a member of the ARIF a self regulatory body subject to money laundering laws.

SARL	SA	Type of company
20,000 CHF	100,000 CHF	Minimum capital requested
Approx. 5,000 CHF+VAT 7.6% (including register of commerce)	Approx. 6,000 CHF+VAT	Notary expense
Ownership written down on extract of commercial register	Bearer or nominative	Shares
At least one Swiss or recognized permanent resident Unique resident acting as sole administrator for at least 5,000 CHF per year.	A majority of Swiss or European resident citizens: Foreign chairman (e.g. Israeli) Swiss citizens' residents (Male or Female) and now could also be European resident citizens, Swiss residents for a yearly fee of approx. 3,000 per year. Or: A unique Swiss or European resident citizen acting as sole administrator for at least 5,000 CHF per year.	Administrators (directors) Remark: the majority of administrators should be Swiss or European citizens.
A statutory auditor for a fee of approx. 5,000 CHF+VAT for creating the company - find available name, find local directors, contacts with client and notary, address, LBA requirements (money laundering law) file, opening of bank accounts, all of the contacts in Geneva, etc.	A statutory auditor for a fee of approx. 6,000 CHF+VAT for creating the company - find available name, find local directors, contacts with client and notary, address, LBA requirements (money laundering law) file, opening of bank accounts, all of the contacts in Geneva, etc.	Establishing and assistant fee (Fidusuisse)
Adhoc tax statute negotiation, if any (by third tax adviser). approx. 4,000 CHF +VAT.	Adhoc tax statute negotiation, if any (by third tax adviser). approx. 4,000 CHF +VAT.	Adhoc tax statute negotiation and Geneva contact
1. Local resident director ("Gerant") - 5,000 CHF. 2. Domiciliation fee ("address") - 2,000 $. 3. Accounting/General administrative follows up of the company - approx. 4,000 CHF. Annual report CHF 2000	1. Domiciliation fee ("address") - 2,000 $. 2. Accounting/General administrative follows up of the company - approx. 4,000 CHF. 3. A statutory auditor for a yearly fee of approx. 6,000 CHF minimum for very simple company.	Maintenance of the company on a yearly basis (except taxes)
According to past experience - 10%-11%, but effectively - 5%-6% (to be discussed).	According to past experience - 10%-11%, but effectively - 5%-6% (to be discussed).	Taxation for a company with activities out of Switzerland. Switzerland is a management transit country
14,000 CHF	16,000 CHF	Total establishment cost
5,000 CHF 2,000 Euros 4,000 Euros	5,000-6,000 CHF 2,000 Euros 6,000 Euros 150 Euros/hour	Yearly fees Fees to administrators Domiciliation fee ("address") Simple annual accounting Audit
10-15% position at the beginning is possible	10-15% position at beginning is possible	Managers working in the company Monthly salary 7,000-9,000chf -full position