Company formation

About the company formation

In fact, many gainfully employed people in Switzerland choose to become self- employed. The choice of the sole proprietorship as the legal form is very common, as it is simple and inexpensive to set up. Before you take the plunge into self-employment, it is important to do some careful planning. Here are some important steps and considerations:

Think about what kind of business you want to start and what products or services you want to offer. Make sure that there is sufficient demand for what you offer.

Investigate the market in which you want to operate. Analyse the competition, the target group, trends and potential opportunities. This will help you determine your positioning and marketing strategy.

Create a detailed business plan that includes your business strategy, financial projections, marketing plans and operational procedures. This plan will serve as a guide and enable you to pursue your goals and convince potential investors or financing partners.

Decide on the appropriate legal form for your business. In addition to the sole proprietorship, options such as the GmbH (limited liability company) or AG (public limited company) are also available to you. Take tax, legal and financial aspects into account.

Consider how you will finance your business. This can be through equity, loans, grants or investments from partners or investors. Make sure you have sufficient financial resources to bridge the initial phase of your business.

Find out about the legal and regulatory requirements for your business. This includes business registration, tax registration, social security and industry-specific licences or permits, if applicable.

Think about insurance cover for your business. This includes liability insurance, business insurance, health insurance and possibly disability insurance. Talk to our advisors to determine the right insurance cover for your needs.

Make sure you have the necessary accounting and tax knowledge or hire an accountant or tax advisor through our network to properly manage your finances and meet tax obligations.

Develop a marketing strategy to attract potential customers to your business. Consider online marketing, social media, networking events or other appropriate channels to make your business known.

Make contacts with other entrepreneurs, industry associations and potential partners. Network to raise awareness of your business and identify potential collaborations or business opportunities.

Becoming self employed

It is important to note that there are risks involved in becoming self-employed. However, careful planning, preparation and implementation can help you maximise your chances of success. We are happy to help you with this!