Swiss Privacy – beware of default Settings

For all those businessmen and businesswomen starting a new business in Zurich – beware of default settings in Zurich government registers.  However surprising or shocking it is, your tax, residence and car ownership data are public in Zurich. The idea of transparency was popular some time ago but given today’s threats, you should not be part of it.

Continue reading Swiss Privacy – beware of default Settings

No more confusion with c/o!

Are you also wondering what this “c/o” part in address means? E.g. Company AG, c/o Domizil AG, Paradeplatz 1, 8001 Zürich? Per Wikipedia it stands for “Care Of” and signifies an intermediary who is responsible for transferring a piece of mail between the postal system and the final addressee.

Why would the company with its own label on the mailbox ever use this c/o?  In Switzerland, the answer is in the law.  Continue reading No more confusion with c/o!

New rules – Swiss tax perspective on foreign entities

Recent decision of Swiss Federal Administrative Court (see 2C_895/2013) has a dramatic impact on how foreign hybrid business entity is classified for fiscal treatment in Switzerland. This particular case concern US limited liability company (LLC) but extends far beyond.

Key issue impacting taxation is whether a foreign entity is transparent for fiscal purposes (as Swiss partnership) or a legal person (like stock corporation (AG/ SA) or limited liability company (GmbH/Sàrl)). Continue reading New rules – Swiss tax perspective on foreign entities