How do trusted companies support start-ups in Switzerland?

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The operation of companies has always been largely conditioned by the efficient management of the fiduciary side. In the age of digital and innovation, the missions of fiduciary companies have expanded and deal with much more than the company’s accounting movements. Several companies now offer high-performance tools and consolidated experience for SMEs and start-ups in Switzerland.

From the classic service of a fiduciary in Switzerland, the establishment of annual accounts

In Switzerland, many structures specializing in trust companies offer services aimed at supporting start-ups on the path to independence. They provide entrepreneurs with a comprehensive service for building successful businesses. Support services often offered by trust companies include business formation, tax returns, legal and secretarial assistance, bookkeeping and accounting, tax and legal advice, auditing or IT solution offerings.

Traditional fiduciary services in Switzerland consist of commercial services for equity, financing and royalty companies. It is also common for trust companies to provide structured finance, fund management, family office and private client services. The main instrument used by fiduciary companies is the “fiduciary mandate” with which the called client entrusts to the service provider, with or without registration, the shares, credits, liquidity, financial investment instruments of his company.

Services that are increasingly evolving towards advice or expertise

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In Switzerland, as elsewhere, trust companies are facing new growth and profitability challenges. Consequently, most are reinventing themselves by imagining new offerings on the right. in line with the ambitions of start-ups. Digital fiduciary offers digital accounting for SMBs and at the same time it has had great success. Already adopted by many other companies, this offering offers a particular ecosystem made up of remote services and outsourcing that help startups manage the execution of their missions as well as their growth. The digitization of the Swiss fiduciary materialized by digital tools goes far beyond the simple aspects of accounting entry in software. It also takes into account financial analysis, benchmarking, customization of financial dashboards or even financial projections.

Other trust companies are increasingly investing in consulting services. They develop tailor-made offers aimed at supporting start-ups in the process of assisting with public or private financing, preparing for the conclusion of a bank contract, external services in case of peak activity or even referral to other specialists in key areas.

Support epfl start-ups in setting up companies and choosing legal status

For Swiss start-ups, fiduciary aid can be useful upstream as it accompanies the business creation process itself. The context lends itself to this in view of the constant increase in the number of start-ups in the country, driven by institutions of excellence such as the Escola Politécnica Federal de Lausanne and increasingly expressive funding (285.8 million Swiss francs won for 33 new start-ups). ups in 2019.).

Fiduciary aid for business creation is therefore more than essential to support these young sprouts. It deals with various aspects such as the choice of the legal status of the start-up company, the development and filing of patents, the development of prototypes, the evaluation of costs, the provision of information on social security, customs transitions, VAT… Trustees play a crucial role in assisting and educating for a lasting establishment.

Negotiating decisions to obtain tax exemptions

If Switzerland offers a relatively easy tax environment for its companies and start-ups, professional help is always useful to better exploit them. It is thanks to the decision that Swiss companies obtain preferential tax regimes and several administrators have extensive experience in negotiating tax rulings. For example, if a start-up is able to prove, through trustee assistance, that it pursues a public benefit objective and that it exclusively and irrevocably allocates its resources to the pursuit of those objectives, it can benefit from significant tax exemptions. Recourse to the trust is also essential, as it conditions broader tax planning over time.

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