Legal entities

Legal entities abroad constitute the following: 

  • Companies domiciled abroad (even if they belong to a Swiss citizen)
  • Companies (stock corporations – “AG”, limited partnerships – “KommAG”, limited companies – “GmbH”, cooperatives, associations, foundations and companies without legal personality capable of owning assets  (“KollG”, “KommG”) which are domiciled in Switzerland but which are controlled by persons abroad
    • Foreign control is assumed in the case of
      • more than 1/3 of the company capital
      • more than 1/3 of the voting rights
      • granting of significant loan