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 often takes up to 7 days , Hoop manages to reduce this to just 7 hours. Let’s take a look at the individual steps to understand how Hoop makes this possible:

1. Choose legal form and company name

Without Hoop:

• 3 hours: It usually takes time to check the appropriate company name and determine the legal form.

With Hoop:

• 1 hour: Thanks to the guided processes in Hoop, the decision on legal form and name is much more efficient.

2. Preparation of the formation documents

Without Hoop:

• 4– 6 days: It can take several days to draw up the necessary documents and coordinate the various parties (notary’s office, authorities, founders etc.).

With Hoop:

• 2 hours: Hoop automates the creation of the necessary paperwork. All you have to do is enter the relevant data – and the documents are generated in just a few minutes.

3. Opening of the capital deposit account

Without Hoop:

• 2–7 days: Traditionally, opening a capital deposit account is time-consuming. It requires visits to the bank, verification of documents and several days of processing time.

With Hoop:

• 2– 3 hours: With our partner YAPEAL , the capital deposit account can be opened digitally in just a few minutes. No paperwork, no visits to the bank – everything is digital and in record time.

4. Signing the documents

Without Hoop:

• 1-3 days: The conventional process requires the documents to be sent by post, signed and returned – which takes at least a day.

With Hoop:

• 1 hour: Thanks to the integrated DeepSign solution, all documents can be signed digitally and with legal validity. No printing, no post – simple, fast and secure.

Conclusion: 7 days vs. 7 hours

With Hoop, companies can be formed in just 7 hours , while the conventional process takes up to 7 days . This time saving is not only an advantage for founders, but also for fiduciary companies, nota-ry offices and law firms, which can now support their clients even more efficiently.

Why choose Hoop?

• Speed: 7 times faster than the traditional incorporation process.
• Efficiency: Automated processes and digital tools save time and nerves.
• Innovation: With partner solutions such as YAPEAL and DeepSign, the entire process is modernised and paperless.

Experience for yourself how Hoop is revolutionising business incorporations – and take the first step into the digital future!

Disclaimer:

The times shown in this text are based on an exemplary optimum case and do not take into account specific cantonal or individual requirements. Likewise, the different processing times depending on the commercial register and other external factors have not been taken into account. Therefore, the actual time frames may vary depending on individual circumstances.