Switzerland: Operating a Business
Setting Up a Company | Working Conditions | Cost of Labor | Social Partners
| Types of Companies and Capital (Max/Min) | Number of Partners/Shareholders and Liability |
|
Private Limited Company.
|
No minimum
|
|
Public Limited Company.
|
No minimum
|
|
General partnership.
|
Minimum 2 partners.
|
|
Limited partnership.
|
Two types of partners: active partners and sleeping partners.
|
| Setting Up a Company | Switzerland | OECD |
| Procedures (number) | 6.0 | 5.6 |
| Time (days) | 20.0 | 13.8 |
Source: Doing Business.
50 hours for other employees (e.g. building industry and agriculture).
The terms of employment contracts are rigid. Permission from the competent authority is therefore needed for the appointment of a foreign employee. The requirements relating to the nationality of employees depend on the type of the company. In case of a stock company, the majority of the members of the board of directors must have Swiss or EU/EFTA country citizenship and must be domiciled in Switzerland, whereas for any other type of company there are no similar restrictions.
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Last Updates: January 2012