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Articles

Open a Company in Zug Crypto Valley

Updated on Wednesday 13th December 2017

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Open-a-Company-in-Zug-Crypto-Valley.jpgThe small city of Zug, with a population of approximately 30,000 inhabitants, is considered a top investment destination for cryptocurrency businesses. Investors interested in opening a company in Switzerland in this field can set up their business operations in this city, as it offers one of the most attractive taxation systems, one of the main reasons for which a wide number of cryptocurrency business have set their operations here. Our team of consultants in company formation in Switzerland can provide in-depth assistance on the regulations referring to  the cryptocurrency sector
 

Why choose Zug ? 

 
Switzerland is known for having a very developed financial field, related to numerous types of activities. Zug, in particular, is the top destination for financial activities in the field of cryptocurrencies, as numerous local entrepreneurs have invested in this sector. 
 
The following video offers a short presentation on the main reasons to start a company in the Zug Crypto Valley:
 

 
Investors interested in the procedure of company formation in Switzerland are required to respect specific rules of law if they will operate a business performing transactions with digital currencies, such as the anti-money laundering law
 
Besides the taxation regime applicable to companies operating in the region of Zug, foreign businessmen can also benefit from the local support established in this sense through the Crypto Valley Association, an independent entity which receives governmental assistance to further advance the development of cryptocurrency and fintech businesses
 
The Crypto Valley Association can offer assistance to start-ups operating as cryptocurrency companies and the association also benefits from institutional support, including from the Swiss Financial Market Supervisory Authority (FINMA), the main body which regulates the activity of financial companies operating in this country. Our team of agents in company registration in Switzerland can provide in-depth assistance on the requirements for establishing a cryptocurrency business
 

Taxation in Zug 

 
As mentioned above, one of the most appealing reasons for starting the procedure of Swiss company formation in Zug refers to the taxation system, which is one of the lowest applicable at a cantonal level. Companies operating here are imposed with one of the lowest corporate taxes applicable in Switzerland, of only 14,6%
 
Businessmen are invited to address to our team of consultants in company formation in Switzerland for in-depth advice on the main corporate benefits of setting up a cryptocurrency business in Zug
 

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