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Navigating the LLC Transition: Your Comprehensive Guide

11 September 2023 / Switzerland

Are you ready to embark on the journey of creating your own LLC? We understand that this significant change may come with questions and uncertainties. That’s why we’ve prepared this comprehensive FAQ guide to address all your questions and provide you with the information you need to confidently transition to a LLC.

Frequently Asked Questions

  • A LLC (GmbH in German) is a limited liability company in Switzerland, providing legal and financial advantages. Creating one can safeguard your personal assets, offer potential tax benefits, enhance your credibility with clients and partners and ensure your continuous ability to meet payments related to accidents and health.

  • Your partnership with Uber remains unchanged. Creating a LLC is a separate business endeavor that can complement your driving activities, providing added legal and financial security.

  • A LLC limits your personal liability, protecting your assets in case of business-related issues or debts. It helps ensure that your personal finances are separate from your business.

  • Yes, a LLC can offer potential tax advantages, helping you optimize your earnings through various deductions and tax planning strategies. Consult a tax professional for specific advice.

  • Creating a LLC may make it easier to access funding options for your next vehicle. Consult with financial institutions or your LLC service provider for more information.

  • LLC creation costs vary, typically ranging from 490 CHF to 900 CHF. To benefit from the discounted service fees, use the promo code "UBER" during registration on startups.ch or newco.ch.

  • Our partnerships with startups.ch and NewCo simplify the LLC creation process, providing you with the necessary documentation and support to establish your company quickly and efficiently.

  • The time frame for LLC creation may vary depending on your chosen method, but it typically takes a few weeks to complete the process. Online registration may expedite the process.

  • Yes, you can still create a LLC even if you don't meet the deposit requirement. It's essential to discuss your specific situation with your chosen service provider.

  • Yes, you can still benefit from the discounted service fees. Simply upload the document from your cantonal registry of commerce onto the document section of your Uber app.

  • The discounted service fee of 20% is available for the first 3 months after LLC creation. Afterward, fees will be adjusted to 24% for 6 months.

  • All the necessary documents for creating a LLC are listed on the websites of NewCo and startups.ch. You can find a comprehensive list of required documents and step-by-step instructions on their respective websites.

  • To begin the process of creating your LLC, please follow these steps:

    1. Visit the websites of NewCo and startups.ch, where you'll find detailed information and guidance.
    2. Select your desired company name and domiciled canton as per your preferences and business needs.
    3. You will receive the necessary documents and instructions from startups.ch or NewCo, which will guide you through the LLC creation process.
    4. Sign and submit the required documents as instructed by the service providers.
    5. During the registration process, remember to enter the promo code "UBER" to take advantage of discounted service fees.
    6. Watch as your company gets registered with your local company register.
    7. Upload the extract of the Company register onto your Uber app and benefit from the discounts

    These steps will help you get started on the journey to creating your own LLC. For more information and specific guidance, visit the websites of NewCo and startups.ch.

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