Category: Company incorporations
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Purpose definition: The compass for new businesses
Defining the business purpose is one of the key elements when founding a new company. Whether it’s a sole proprietorship, LLC, or Ltd., the purpose not only fulfills formal requirements for the commercial register but also reflects a company’s strategic direction and vision. What exactly is the business purpose? The business purpose refers to the…
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September 2025 release: Digital circular resolutions and flexible handling of minutes
HOOP Corporate Services SA has established itself as a digital platform for fiduciaries, lawyers and companies in the efficient handling of incorporations and corporate changes. The latest release further expands the possibilities in terms of digitalization and usability. Two particularly relevant innovations, together with numerous improvements, ensure simplified processes and an even broader range of…
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Switzerland’s first end to end digital company incorporation
Between 40,000 and 50,000 companies are founded in Switzerland every year. The companies required for this, which are usually still done in paper-based format, make founding a company time-consuming and tedious. In cooperation with DeepCloud and Yapeal, the start-up platform Hoop has succeeded in making incorporation process completely digital and thus in setting up companies…
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Beware of Misleading Invoices After Registering Your Business
After registering a new business or making changes to the Commercial Register, entrepreneurs may receive misleading invoices from private organizations with deceptive names. These payment requests do not originate from the official Cantonal Commercial Register and are part of a strategy aimed at getting companies to sign up for unnecessary subscriptions. How to Identify Suspicious…
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In 7 hours instead of 7 days – how Hoop is revolutionising company incorporations
Starting a business is an exciting step – but the process is often slowed down by paperwork, waiting times and bureaucratic hurdles. This is exactly where Hoop comes into play. With Hoop, the entire incorporation process can be handled digitally and efficiently – and up to 7 times faster! Compared to the conventional process, which…
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Protected abbreviations and purpose checks: key regulatory tools for businesses in Switzerland
Switzerland boasts a robust legal framework designed to ensure ethical, compliant, and transparent business operations. Two key regulatory mechanisms integral to this system are protected abbreviations and purpose checks. Understanding these processes is vital for businesses aiming to operate legally within Swiss borders. This article explores both topics and highlights their importance. Protected abbreviations: safeguarding…
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6 competitive advantages Hoop brings to fiduciaries law firms
In the fast-paced fiduciary and law industry, providing clients with fast and efficient services is essential. Hoop, the first fully digital platform for company incorporations and changes in Switzerland, offers fiduciaries and law firms a range of benefits. Here are six key competitive advantages: 1. Lightning-fast incorporations and changes With Hoop, you can incorporate companies…
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What Is the Enterprise Identification Number (UID)? All About the UID in Switzerland
The Enterprise Identification Number (UID) is a vital tool for identifying businesses in Switzerland. Introduced to simplify administrative processes, the UID system enables businesses to be easily recognized by public and private authorities. In this article, we explore what the UID represents, how it works, and why it is essential for companies operating in Switzerland.…
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Collective signature, individual signature, and procuration: the key differences
In the corporate world, managing official documents and authorizations can often be confusing, especially when it comes to distinguishing between collective and individual signatures, as well as joint and individual procuration. This post will clarify these concepts, so you can ensure your business is operating efficiently and legally. What is a collective signature? A collective…
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How to quickly establish a company in Switzerland
1. Choosing the legal form and company name The Swiss legal system offers various legal forms for businesses. The three most common are the Corporation (AG), the Limited Liability Company (GmbH), and the Sole Proprietorship. Each of these legal forms has different characteristics regarding corporate structure and liability. The first step in establishing a company…