Switzerland has a well-deserved reputation as the country of choice for discerning clients who seek to conduct business in secret while enjoying traditional Swiss attention to excellent customer service. This is the reason why many individuals, as well as foreign entities, often choose to acquire an experienced Swiss trust company as a vehicle for their long-term business operations. In this article, you will discover what a Swiss trust company is, why it is so valuable, and why you should always look for old entities, rather than new ones, when looking to secure the benefits typically associated with them, benefits including credibility, favorable tax regimes, discretion of the authorities and qualification to request a listing on the Frankfurt and / or Austrian stock exchanges.
A Swiss trust company is normally defined as a business entity organized to provide trust services on behalf of its beneficiaries. Trust companies are frequently used for wealth management, asset management, and preservation and investment purposes, to name a few.
Seasoned trust companies are corporations that had been in business at one time, but have gone inactive for one reason or another. Specialized agencies buy and reactivate these entities and make them available to interested parties for purchase. When selling the company, such agencies ensure that the buyer receives a certificate of exemption from tax and liability, which means that they can carry out operations through the trust company without worrying about the “baggage” of what the company did or did not in the past. . Some agencies also offer bearer share certificates to preserve and further enhance the anonymity and privacy of new business owners.
The most important advantage of an experienced Swiss trust company over a newly incorporated entity is credibility. An experienced Swiss shell trust is one that was incorporated dozens of years ago (some even date back to the 1920s). When an old trust company like this is acquired by new owners, it still retains its original date of incorporation, which means that the client can legitimately claim that their company was founded in the 1920s. Needless to say, this brings huge benefits in the form of credibility, prestige and perception, allowing the client to better negotiate with financial institutions and government officials. It goes without saying, of course, that ownership of a Swiss trust often allows the client to benefit from the advantages typically associated with doing business in Switzerland: favorable tax regimes and discretion on the part of the authorities, to name a few.
Another substantial advantage of an experienced Swiss trust company is the ease with which it can be listed on the world’s major stock exchanges. Typically, a trust company must be at least 25 years old before it can qualify to apply for a public listing. As a result, only genuinely old Swiss trust companies make the cut. Of course, it goes without saying that in addition to qualifying for an application for the Frankfurt and / or Austrian stock exchanges, a classic Swiss trust company also offers several critical benefits that make it easy to operate, such as business accounts, business card accounts credit. suppliers and better commercial and positional relationships with financial institutions, intermediaries and business partners.