What Are the Benefits of a Swiss Bank Account?

Swiss Limited Liability Company is a limited liability company whose main business is the production of electromechanical metals, chemicals, pharmaceuticals, and watch manufacturing.

Swiss limited liability company

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Swiss Limited Liability Company is a limited liability company whose main business is the production of electromechanical metals, chemicals, pharmaceuticals, and watch manufacturing.
company name
Swiss limited liability company
Business Scope
Electromechanical metal, chemical medicine, watch manufacturing
Swiss Geography
Mountainous landlocked country
Economic entities,
Industry is the main body of the Swiss national economy,
Not only does Switzerland have internationally leading technologies and products in the industrial fields of electromechanical metals, chemicals, pharmaceuticals, watch manufacturing, etc., its banking and insurance industry is also world-renowned. The following is a brief introduction to each of Switzerland's major industries.
Foreigners who want to work in Switzerland must apply for a work permit from the relevant Swiss authorities. The work permit is applied on behalf of the employer and is jointly approved by the federal and state alien bureaus. Job applications are generally not easy to approve, and employers must prove to competent authorities that there is no Swiss job candidate for the job. Licenses are divided into three categories: A, B, and C. Those who have obtained a Class A work permit can live and work in Switzerland for less than 9 months in a year. The holder of the permit must live outside Switzerland and cannot bring their families into Switzerland. Those who intend to work in Switzerland for more than 9 months must apply for a Type B permit, which is generally issued by the cantonal authorities, and cantons can only issue a certain amount of permits each year. Holders of Type B permits can only change their residence and employer after one year of receiving the permit. Those who have lived in Switzerland for more than 10 years (Nordic countries, France, Netherlands, Belgium, Luxembourg, and British nationals for 5 years) can apply for a category C permit. There is no time limit for such permits, and the holder does not need to obtain approval to change his residence and work. To apply for a work permit, you should submit a job application in triplicate, with two passport photos and a brief resume. The application must be submitted to the Swiss embassy or consulate, and a work contract with a Swiss employer must also be presented. After receiving all kinds of documents required for visa, the embassy will send them to relevant Swiss authorities for approval as soon as possible. The visa takes 8 to 10 weeks. Foreigners planning to live in Switzerland must apply for a residence permit. The residence permit is issued by the state government and is changed once a year. If a work permit has been obtained, the registration procedure for the establishment of a residence by the municipal authority is automatically passed. Only after you have lived in Switzerland for a few years can you obtain a permanent residence permit.

Swiss limited liability company benefits

For more than 100 years, Switzerland has the oldest and most complete financial system in the world. Switzerland is also one of the pioneers of offshore banking. For centuries, the Swiss banking industry has been one of the most valuable places to invest in the world. The banking tradition has made Switzerland the world's largest private bank. For those customers with heavy taxes, using a tax effective company structure (Swiss bank account) can help you make reasonable and legal tax planning to achieve the purpose of legal tax avoidance! The Swiss government established the Western A law on bank secrecy, which states that the Swiss government does not provide information about its bank accounts unless the depositor is involved in a criminal case and is prosecuted abroad. This means that no government or individual has the right to ask the Swiss government to provide your account status unless the evidence is proven. Currently 40% of the world's personal wealth is stored in Swiss banks.

Important features of Swiss LLC

  1. Swiss government insures Swiss bank customers directly
  2. Powerful online banking system
  3. International Savings Card can be withdrawn at 900,000 ATMs worldwide
  4. International universal credit cards make it easy for you to shop anywhere and on the Internet
  5. Support for multiple international currencies
  6. Branches across Switzerland
  7. Personal and bank account privacy guaranteed by Swiss government legislation
  8. Wire transfers and online account transfers with banks anywhere in the world.
Third, the type of bank account To open a bank account in Switzerland, you need an agency, unless you have a Swiss company.
  1. General commercial banks: Credit Suisse, UBS, Barclays, RBS Coutts, Investec, HSBC, etc. a) Private account: If it is only a general personal savings service, it is only available in Switzerland, not a Swiss resident, and there is nothing about Switzerland The certificate will be sent by the bank to an address in Switzerland. If you open an account with more than $ 250,000, you can give it to a bank for wealth management, so that you can have a Swiss bank account no matter where in the world. b) Corporate account: Generally, an offshore company such as a BVI company is used to open an account.
  2. Private investment banks: Picte, UBP, Corner Bank, etc. Swiss private investment banks focus entirely on asset management, maintain capital and return on investment, and are not involved in commercial finance, trade, stock or bond underwriting. These banks provide private, corporate and trust accounts, and there are designated accountants to provide personal banking services. The account opening amount is USD 500,000. The bank usually sends a representative to the customer's location to provide account opening services. 4. Required materials 1. A notarized copy of passport 2. Recommendation letter from lawyer, accountant, insurance broker or stockbroker
  3. Proof of account of a bank anywhere in the world
  4. proof of address

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