| Switzerland Foundation Set Up | |
| According to estimates by Switzerland's Federal Supervisory Authority, the assets of charitable foundations totalled more than 30 billion Swiss Francs (US$25 billion) as of 2005, with annual payouts totalling around US$838 million. | |
| Switzerland foundation set up is an effective way to control and protect assets. Healy Consultants can complete the Switzerland foundation set up process on your behalf within two weeks, without your need to visit Switzerland. The following information will help you determine whether Switzerland foundation set up will meet your personal or business objectives. | |
| Advantages of Switzerland Foundation Set Up | |
| 1. | A Swiss foundation benefits from Switzerland's liberal and ethical legal and business framework. |
| 2. | Following establishment, the purpose of a Swiss foundation may be altered. An ammendment can be made, on proposal to the supervisory authority or directorate body for foundations, if the original purpose of the foundation has acquired a new meaning or leads to a different outcome other than intentioned by the founder. Foundations with public or charitable purposes require the new purpose to also be charitable or for the public good. |
| 3. | Donations to tax-exempt charities can be deducted from direct federal tax to up to 20% of net income or net profits. |
| Disadvantages of Switzerland Foundation Set Up | |
| 1. | A Swiss foundation must undergo a compulsory audit, to verify the accounting and financial circumstances of the foundation. |
| 2. | All Swiss foundations are obliged to keep accounts. |
| Healy Consultants' fees for Switzerland Foundation Set Up | |
| Healy Consultants' fees for Switzerland foundation set up start at US$10,000. Our fees for nominee foundation manager resident in Switzerland amount to US$7,000 per annum. | |
| Contact Us | |
| For more information on Switzerland foundation set up, email email@healyconsultants.com or telephone us at (+65) 6735 0120. | |
| Back to Foundation Jurisdictions and Fees page. | |
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