Joint Stock company Definition: An organization that falls between the definitions of a partnership and corporation.

This type of company issues stock and allows for secondary market trading; however, stockholders are liable for company debts. Stages of formatting Joint Stock Company For forming the joint stock company the company hav to follow following steps. Step 1 : Preliminary clarifications
Necessary authorization and licenses (if needed). For more information click here or check out the information on national level. Check insurance requirements. Quotes are available upon request from SUVA. The KMU-Adviser provides more general information about insurances as well. Choose domicile in a certain canton. Appoint Company's name. The shortage AG (stands for Aktiengesellschaft = Joint-stock company) always needs to be included in the name. The commercial register offers research about company names in order to avoid equality or similarity.

Step 2: Definition of foundation details

Determination of capital and payment in full. There are four different options to remit the payment in full: Cash deposit, contribution in kind with or without property or offsetting. Identification of the Board Definition of the company organization structure.

Step 3: Payment of Capital

The contributing person must show identity. For foreigners it may be useful to present letters of reference from Swiss partners.

Step 4: Preparation of the required formation documentation

This can be done on your own or with the assistance of a trustee, a solicitor or a bank. After the preparation of all required paper forms, a pre-examination by the department of the Registry of Commerce is recommended. This requires about 7 days. An express service is available against a higher fee. Necessary forms, bulletins and examples are available on the websites of the cantonal commercial resisters of Switzerland. Their contacts are available here.

Step 5: Notary certification of the foundation

Appointment with the notary, preferable situated in the canton of the company's residence. All founder members or their substitutes have to reside and present their passports. Official verification of signatures.

Step 6: Registration of the company in the Registry of Commerce

Send or bring signed articles of incorporation to the department of the Registry of Commerce. The process takes about 7 days. The joint-stock company is founded WITH the entry and the company is capable of acting by that date. The entry is also the start of the book keeping responsibility. Publication on the official gazette of the respective canton.

Step 7
Registration for social compensation funds (free of charge) and completion of required insurances. Some additional information is available here.