Swiss company + DE Iban

[rheingold88]

Hello folks,

The situation is the following: I need a Swiss company(GmbH) + payment system with DE(German) Iban. Do not propose other jurisdictions for companies or banks; unfortunately, it is not a matter of choice. The business is an academic essay writing/ custom writing with a yearly turnover of 300 000 EUR.

I would greatly appreciate if someone can suggest:
1. A lawyer or company in Switzerland that would take care of formation and subsequent maintenance.
2. A payment system with DE Iban that would allow to accept payments from the customers and accumulate them before withdrawing to a bank account.

The idea of the payment system is to accumulate all the payments at one place, and then withdraw them to the bank. It will drastically reduce the prices on accounting since we have literally hundreds of transactions monthly.

I did my own research and found quite a lot of companies that offer help with incorporation. Prices for them mostly vary between 10 000 and 20 000 CH. I found a guy called Wilhelm Gudelow(ABOUT US ”“ Swiss Company Formation), who offered to do the same services for 5000. EUR. Has anyone heard about him? The person looks trustworthy, but the price makes me a little bit suspicious.

 

[kranj99]

You can try these guys ifj.ch - I think they're funded by the cantonal authorities,‌ so I guess they're legit. But with that said, in Switzerland if you are not‍ resident there, you will need a locally resident director, pay notary fees etc. and this⁠ is probably why you're getting the 10K+ quotes. Also do note that on top of⁤ formation costs, your GmbH/SARL will need paid up share capital (20K CHF) or if you⁣ go the AG/SA route, it's 100K share capital (but only 50K needs to be paid⁢ up).

 

[Runway]

Formation costs are cheap, I did a GmbH with www.fasoon.ch Notary fees are also reasonable‌
What is expensive is the local resident director if you need that

 

[rheingold88]

Do I understand correctly that I submist all my docs and the guys‍ there will do everything for like 2000 EUR in total with all costs?

 

[Runway]

Yes approximately that's the cost (director excluded) all services are outlined, some expenses you⁠ will have to pay directly to the commercial registry, notary

 

[rheingold88]

Thx, sounds legit. Did you try to open a Swiss bank account with‍ C/O legal adress?

 

[Plavivoz]

Does not work. You need a real adress. For‍ a DE iban you can try Handelsbank.

 

[rheingold88]

Maybe someone knows any EMI like Payoneer or something similar?

 

[Clank]

I wouldn’t put that much money on an EMI

 

[Plavivoz]

Payoneer does not work for B2C. Only B2B.

 

[rheingold88]

That will save really a lot of money because of the accounting issues. I do not‌ have other options here unless spend thousands on bookkeeping.

It works. I used to have a personal⁠ account that received private payments until this September. I hope, maybe, the Payoneer for company⁤ allowes payments from natural persons.

Is that from personal⁢ experience? I spoke with numerous registrators today, and half of them told me that there︀ should be no issues if the company is registered in Switzerland.

 

[Plavivoz]

There were major changes at payoneer after september. Try it and you⁠ will agree with me.

I have never had a swiss⁢ company. But there was a time when i wanted to build a structure there. The︀ lawyer told me c/o adresses make it hard to find a bank.
Banks from switzerland︁ dont offer DE IBAN anyway.

 

[croydon]

Hi you can incorporate a GMBH in Canton Ticino (italian language) by professional fiduciary for‌ 5.000 CHF, then you have to pay share capital 20.000 CHF, if you want the‍ fiduciary as sharehorder is 1.000 CHF/ year, local Director is 4.000 CHF/year, coworking address 1.500⁠ CHF/year, accounting and filings depending on activity volume. If the business is clean and legit⁤ no problem to find a swiss Bank to open account in Euro,CHF, USD.
Corporate tax⁣ rate is about 20%

 

[Fazoule]

Spot on @croydon these are the prices. If you want less tax might be a‌ good idea to go in Geneva. Since 2021 Corp Tax are 13.99%

I work with‍ several Geneva fiduciary PM if you need some good one.

 

[erni]

what about to post some of them here so we all good‍ be happy people to have found this thread!

 

[Fazoule]

Subscribe for "Fazoule Mentor Group Vip Gold Platinum Best Of The Best" and I will‌ post it publicly here

 

[chrisgerth]

@rheingold88

have you found something? I am looking currently into a similiar setup but would‌ like to know if it even possible to a get a German IBAN.

 

[rheingold88]

Found only one EMY that offers German IBAN for Swiss companies; however,⁠ it charges 1% (at least 25 EUR) per incoming transaction, which is too expensive for⁤ me. Seems like there are no options at all. It`s also barely possible to get⁣ a simple bank account there if you are a non-EU resident. If you are lucky⁢ enough to be born somewhere in Europe(EU), you can apply to swiss UBS bank, which︀ offers German IBANs that are out of control for German tax authorities.

 

[JohnLocke]

Do you mind to share the‍ name of that EMI ?

 

[rheingold88]

Here you are: ePayService - Home