{"id":1752,"date":"2021-10-09T18:33:26","date_gmt":"2021-10-09T17:33:26","guid":{"rendered":"https:\/\/ajooda.ch\/en\/?p=1752"},"modified":"2022-10-03T16:15:07","modified_gmt":"2022-10-03T15:15:07","slug":"sole-proprietorship-in-switzerland","status":"publish","type":"post","link":"https:\/\/ajooda.ch\/en\/sole-proprietorship-in-switzerland\/","title":{"rendered":"Set up a sole proprietorship in Switzerland: Keep this in mind"},"content":{"rendered":"\n

A sole\nproprietorship exists if a natural person carries out a commercial activity\nwith the aim of making a profit.<\/p>\n\n\n\n

Next to the limited liability company, the sole proprietorship<\/a> is the most frequently chosen legal form in Switzerland.<\/p>\n\n\n\n

Authorisation<\/h2>\n\n\n\n

The sole\nproprietorship is most suitable for new entrepreneurs who wish to set up a\nsmall business in an uncomplicated manner. The person is the sole proprietor of\nthe business, while all other employees are considered normal employees.<\/p>\n\n\n\n

If several\npeople want to set up a joint venture, they must choose another legal form\n(e.g. general partnership).<\/p>\n\n\n\n

Sole proprietorship Taxes<\/h2>\n\n\n\n

The profit of the sole proprietorship is considered income. This income from self-employment is subject to income tax.<\/a><\/p>\n\n\n\n

Sole proprietorship VAT<\/h2>\n\n\n\n

Each sole proprietor must clarify for himself whether he is subject to VAT. Every sole proprietor must determine for himself whether he is subject to VAT and, if so, register with the Federal Tax Administration.<\/a> This is the case from a turnover of CHF 100,000 per year.<\/p>\n\n\n\n

Sole proprietorship\nliability<\/h2>\n\n\n\n

The risk of\na sole proprietorship is borne by the owner. This person is liable without\nlimitation with his or her business and private assets.<\/p>\n\n\n\n

In the case\nof an HR entry, bankruptcy proceedings apply instead of seizure proceedings.<\/p>\n\n\n\n

Conversion<\/h2>\n\n\n\n

It can be converted into a company with a GmbH or AG<\/a> at any time by transfer of assets or contribution in kind.<\/p>\n\n\n\n

Commercial register<\/h2>\n\n\n\n

Entry in\nthe commercial register is only compulsory from an annual turnover of CHF\n100,000. Voluntary registration is possible even before this. This also makes a\nmore professional impression on customers, clients, etc.<\/p>\n\n\n\n

Advantages<\/h2>\n\n\n\n