Capital contribution: news for limited companies
In our articles in previous newsletters, we have already covered in detail the changes to company law that came into force on 1 January 2023.
As businesses develop, so do tax liabilities. Mazars provides a realm of corporate tax services for every stage of a company’s life. The corporate tax team provides tax compliance and advisory services to many Swiss and international groups companies - from quoted companies down to small owner-managed businesses.
New corporate law
The main changes in connection with the new regulations of the corporate law, which entered into force on 1st January 2023, allow greater flexibility for share capital and equity distributions as well as the enhancement in the modernisation of general meeting. Companies have a two-year timeframe (until 1st January 2025) to amend their articles of association according to the new regulations.
New company law: towards flexibility of financing
The provisions of the reform of company law relating to changes in capital are subject to a delayed introduction, likely to be effective in 2023. They are intended to modernise the current law and provide flexibility in determining the capital structure.
Withholding tax reform
Federal Council adopts dispatch on withholding tax reform.
We offer proactive advice, looking at tax issues from all angles. Our team has an in depth understanding of the industries in which our clients operate and appreciate the issues currently affecting directors and shareholders.
Mazars provides expert tax advice related to:
- Advising on business and tax re-structuring
- Supporting new business set-up and expansion
- Assisting clients when entering new markets or sectors
- Improving stakeholder value and returns from a tax viewpoint
- Advising on the choice of tax efficient structures
- Assisting clients on financial restructuring, group financing and cash-flow optimisation
- Advising on global tax minimisation
- Mitigating tax risk and due diligence
- Supporting tax compliance obligations and identifying tax cash out with accurate timing
- Managing fruitful interactions with the tax authorities in Switzerland and internationally
Want to know more?
Giuseppe Sottile Head of tax Romandie - Lausanne
Marie-Hélène Revaz Executive Director - Geneva
Nathalie Pellanda Gaud Executive Director - Geneva
