Terra Promotions SA

Terra Promotions SA is a corporation (SA) registered in the commercial register of the canton of Valais, based in Martigny. Its registered purpose is: fourniture de services dans le domaine de l'immobilier et de la promotion immobilière; achats et ventes dans le domaine de l'immobilier; fourniture de services en relation avec l'administration, la lo... Its IDE number is CHE-238.597.642.

A corporation (SA/AG) is a capital company with a minimum share capital of CHF 100,000, of which at least CHF 50,000 must be paid up at incorporation. Shareholders are only liable up to the value of their capital contribution. An SA must appoint an auditor, unless it opts out (possible for companies with fewer than 10 full-time employees).

In the canton of Valais, the effective corporate profit tax rate is approximately 12%. One of the lowest corporate tax rates in Switzerland The company must keep full accounts (balance sheet, income statement, notes) and file annual financial statements.

Any company registered in the Swiss commercial register can be verified free of charge via the Zefix portal (zefix.ch), managed by the Swiss Confederation. Terra Promotions SA is identifiable by its IDE number: CHE-238.597.642. Changes (registered office, capital, management) are published in the Swiss Official Gazette of Commerce (SOGC).

To incorporate a corporation in the canton of Valais, share capital of CHF 100,000 is required, of which at least CHF 50,000 must be paid up. The articles of incorporation must be notarized. Expect approximately CHF 3,000-6,000 for incorporation costs (notary, commercial register, SOGC publication). A fiduciary like NeoFidu can assist you throughout the process.