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The word is derived from the English word "to hold"
that in this case means "to possess". The holding companies are in fact
born with the objective to hold quotas to other local or foreign
companies. |
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The term "Holding" means those companies
the main objective of wich is long-lasting management of investments
of the other enterprises. Despite the other Swiss Cantons, the
Canton Zug does not demand that the Holding should be established only
as a company managing the other
companies. It's
enough that the activities of Holding consist mostly of investments and of
profits prevalently coming from the investments income. |
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Switzerland, the
Luxembourg,
Spain and United Kingdom are only four examples of jurisdictions that offer
extremely interesting fiscal advantages for the holding companies. |
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OTHER
ADVANTAGES OF THE HOLDING COMPANIES |
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One more
advantage is offered by the more flexible money use. Any holding can in fact become the safe of a company. As in
the theory of the communicating vessels, the excessive "liquid" of one company can be used
in favour of the other companies using the method of the mutually
beneficial management basing on the fiscal advantage system. |
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The Canton Zug
offers a good governmental support and valid administrative
infrastructures. Many famous companies have the own head office in
Zug, and they prefer the Canton of Zug for the low fiscal aliquots and
favourable business climate. |
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The Holding and the domiciled companies
(so-called companies with the head-quarters wich do not have
commercial activities in Switzerland) pay annually only the cantonal
and local taxes deducted from a nominal capital (share capital
registred at Chamber of Commerce is assumed as the initial capital).
The interest is about 0.24%. This means that a campany with a
registered (authorized) capital of CHF 100'000 pays both cantonal and
local taxes which are intotal about CHF
240 (EURO 150). The
company does not pay taxes from the profit.
At the federal level, the holding and
the domiciled
companies
in Zug
are equivalent
to the other companies and pay
8,5%
of the profit,
while there is
no tax paid on the
nominal
capital.
To get such fiscal benefits, a company must carry out
its activities (for example, import-export operations) mainly outside Switzerland. |
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The holdings registered in canton Ticino, now
have the special conditions of the taxation
equated to the offshore companies. Their taxation
leaves in total CHF 1'000.-- in a year.
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Concerning the international
relationships, the holding companies have the right to refund the foreign taxes
from a foreign source on the base of international trade agreements
to avoid the double imposition
to a limited
interests and dividends and on the other income as they are imposed like tax profits. |
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We can constitute a new
holding for you in approximately one week, for a very fair honorarium.
If you need further assistance, which of the Swiss directors,
management or fiscal consultants, real estate services, residential
permissions, we will be glad to supply you the best available
professionals. |