The most common types of companies established by foreign entrepreneurs in Switzerland are GmbH and AG. Both types of companies have their advantages and disadvantages, therefore the following information might be very useful for those interested in opening a company in Switzerland, to help them make a decision.
In terms of well – developed industries in Switzerland, tourism is certainly one of them. Switzerland is home of numerous lakes, mountain villages, cities with medieval quarters and many popular tourist landmarks. It should come as no surprise that many entrepreneurs are interested in opening a hotel or creating a successful hotel chain in Switzerland.
Managing a Swiss company automatically implies having a board of directors, as it is one of the legal requirements in order to incorporate in Switzerland. Company shareholders appoint the company directors. However, company directors must meet certain requirements, depending on the type of company. The main regulatory framework that applies when appointing company directors is the Swiss Code of Obligations.
