Comparison Business Setup
Switzerland
EMIRATES
Establishing a company in Switzerland has long been considered the most attractive way to build an international business. Is that still the case? Is Switzerland the best place to set up a company abroad? Or are there now better alternatives for founding your company or holding? Let's explore the advantages of establishing a company, using Switzerland and the United Arab Emirates (Dubai) as examples.
SWITZERLAND
GMBH (akin to an LLC),
AKTIENGESELLSCHAFT *AG (stock corporation)
INTERNATIONALLY RECOGNIZED: YES
YES
GMBH (LLC): CHF 20.000
AG: CHF 100.000
TYPES OF COMPANIES
SIMILAR TO SWISS COMPANY LAW
SHARE CAPITAL
ALSO REFERED TO AS LIABILITY CAPITAL
UAE
GMBH (LLC), FREEZONE, MAINLAND
INTERNATIONALLY RECOGNIZED: YES
NO
FROM AED 100,000, HOWEVER, NO DEPOSIT OBLIGATION
SWITZERLAND
AVERAGE 21%
WITHHOLDING TAX 35%
LABOR COSTS 21.8%
YES
COMPLEXITY 9/10
TAXES
COMPANY
SOURCES & ACCOUNTING
LABOR COSTS
BUREAUCRACY
1 = very simple
10 = very elaborate
UAE
INTERNAL BUSINESS 0%
MAINLAND BUSINESS 9%
WITHHOLDING TAX 0%
LABOR COSTS 0%
YES
SIMPLIFIED 2/10
SWITZERLAND
NO FOR HOLDERS OF THE RESIDENCE PERMIT
180-DAY RULE
YES
B PERMIT: 5 YEARS (SELF-EMPLOYED OR EMPLOYED) C PERMIT (SELF-EMPLOYED OR EMPLOYED AFTER 5 YEARS) APPLIES ONLY TO EU CITIZENS
AUTOMATIC DATA EXCHANGE
OF BANK DATA WITH THE HOME COUNTRY
RESIDENCE PERMIT
TAX RESIDENCY
UAE
NO FOR HOLDERS OF THE RESIDENCE PERMIT,
NO 180-DAY RULE
NO
INVESTOR VISA: 2 YEARS (BUSINESS) EMPLOYMENT VISA: 2 YEARS (EMPLOYED) GOLDEN VISA: 10 YEARS (REAL ESTATE INVESTMENT)
Dubai and the United Arab Emirates have created an environment in recent years that is one of the most attractive locations for founding a company due to its location, business friendliness and stability. That's why we decided a few years ago to relocate our main activity from Switzerland to Dubai. Contact us and let's discuss the details and your concerns together.