Founding a Public Limited Company (PLC) in Ticino.
Founding a Public Limited Company (PLC) in Canton Ticino: the path to your own company.
Founding a Public Limited Company (PLC) in Ticino.
Canton Ticino, on the border with Italy, offers a unique combination of Swiss precision and Mediterranean lifestyle. Establishing a Public Limited Company (PLC) in Ticino can be particularly advantageous for businesses in the trade, tourism and restaurant sectors. The Ticino Trade Registry ensures simple and efficient registration. The region benefits from its bilingual population and proximity to important markets in Italy. In addition, Ticino offers a high quality of life and a pleasant climate, making it an attractive location for entrepreneurs. The local network and support of economic promotion programs contribute to success.
Founding a Public Limited Company (PLC) in Ticino Canton: here's how to do it!
Calculate a non-binding offer
Enter your start-up project conveniently online and benefit from cost sharing from our partners. In just a few steps you can compose your customized start-up package.
Enter the details of the Public Limited Company (PLC)
After calculating the non-binding offer, enter your company details. At this point you can order the formation of the Public Limited Company (PLC).
Get in touch
Our attorneys will contact you within the specified time (often less than 24 hours). You will receive all incorporation documents, discuss any uncertainties, and schedule a personal consultation.
Check the documents
You can consult, print and sign all the constituent documents at your convenience at home.
Authenticate the signature
At this point you must obtain official certification of the signature (e.g., from the local authority). This confirms that the signature is indeed yours.
Entry in the commercial register
We submit all incorporation documents to the commercial register and ensure that your company is successfully registered in the commercial register. In the case of corporations, the paid-up capital is transferred to a business account after publication and is available to your company.
Celebrate
Congratulations on the successful founding of your company. Your Public Limited Company (PLC) is now active and can operate.
Definition of a Public Limited Company in Switzerland
We believe that personalized advice is the key to best understanding our clients' individual needs and challenges and offering tailored solutions.
Founding a PLC: Advantages
Establishing a Public Limited Company (PLC) in Ticino offers many advantages due to its strategic location on the border with Italy and its favorable business environment. The region is known for its mild climate and high quality of life, which attract investment and talent. Registration procedures are streamlined and the local government provides practical support to entrepreneurs. In addition, Ticino offers competitive tax incentives and numerous support programs for new businesses, fostering a dynamic and innovative environment.
Founding a PLC: Disadvantages
In Ticino, establishing a Public Limited Company (PLC) can have disadvantages such as high operating and rental costs due to the strategic location and tourist popularity of the region. Competition can be intense, especially in sectors related to tourism and services. Lack of protection of the owner's personal assets is a significant risk, as private assets can be seized in case of financial problems. In addition, bureaucratic procedures, although efficient, can be perceived as complex for new entrepreneurs.
What do I need to consider when forming a Public Limited Company (PLC) in Ticino Canton?
A minimum share capital of CHF 100,000 is required for the establishment of a PLC, of which at least CHF 50,000 must be paid up.
Info: The founder of a PLC or LLC cannot draw on pension fund money because he is employed in his own company on the basis of an employment contract. He is therefore not considered self-employed under OASI law.
PLC requires at least one shareholder and one managing director, which can be the same person. A managing director with signature authority must also be a resident of Switzerland.
The audit is mandatory for 10 or more employees. Under Article 727 CO, a PLC is subject to ordinary audit if it exceeds two of the following thresholds in two consecutive fiscal years: Balance sheet total: 20 million francs - Turnover: 40 million francs - Full-time employees: 250.
Your PLC is subject to value added tax only if its turnover exceeds CHF 100,000. However, you can also voluntarily apply VAT to a lower turnover.
What you need to know about the Public Limited Company (PLC)!
Setting up a Public Limited Company (PLC) in Switzerland is one of the most strategic choices for entrepreneurs and investors. This detailed guide offers a comprehensive overview of how to start and run a PLC in Switzerland, covering every legal, tax and operational aspect needed.
Advantages of the Public Limited Company
The Public Limited Company (PLC) has many advantages, including:
- Limited Liability: Shareholders are liable only for the capital they have subscribed.
- Reputation: A PLC enjoys high credibility and trust in the international market.
- Flexibility: Ability to issue different classes of shares.
- Attractiveness for Investors: Ease in raising capital by issuing shares.
Requirements for establishing a PLC
Share Capital
The minimum share capital to establish a PLC is CHF 100,000, of which at least 20% (but not less than CHF 50,000) must be paid in at the time of incorporation.
Shareholders and Corporate Bodies
A PLC must have at least one shareholder. Required corporate bodies include:
- General Assembly: The supreme body of the company.
- Board of Directors: Responsible for the management and representation of the company.
- Audit Board: Required if the company exceeds certain financial thresholds.
Download the Checklist
Download the checklist for preparing for self-employment with a PLC in PDF format now!