Swiss companies are formed by notarized deed of incorporation. The
incorporators' meeting must be held before a Swiss notary public; however,
the incorporators may appoint a proxy for such a meeting. CSF may act
as a nominee for the incorporation of companies in Switzerland.
The incorporators' meeting approves the articles of incorporation
and elects the corporate bodies required by law (board of directors
and auditors). The notarized instrument and the articles of incorporation
are filed with the office of the Commercial Register in the canton
of incorporation, together with an application for registration in
the Commercial Register, declarations of acceptance of the initial
board members and auditors, and a confirmation that the initial share
capital has been paid in.
The Swiss company becomes a legal entity only upon its registration
in the Commercial Register. Notice of the registration
is published in the Swiss Official Gazette of Commerce.
The entire registration process normally takes approximately
two to three weeks from the date of the incorporation
meeting, but may be shortened to around three business days upon consultation
with the competent Commercial Registry.