Open a Company in the FMCG Sector in Switzerland
Open a Company in the FMCG Sector in SwitzerlandUpdated on Tuesday 12th September 2017
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Switzerland has one of the top consumer spending per capita for groceries products at a European level, which are included in the fast moving consumer goods (FMGC). The FMCG industry refers to a category of products which generally have a short shelf life, but other products can also be sold by various types of companies operating in the field. The FMCG sector is comprised by both small companies and large retailers, but as a general rule, all the legal entities operating in the field are required to respect the same regulations related to the conditions that have to be provided when selling FMCG products. Our team of lawyers in Switzerland can offer legal assistance on the registration procedure and on the tax regulations applicable to such businesses, which may vary depending on the Swiss canton in which they perform their activites.
Establish a business strategy in Switzerland
As the FMCG field is rather large in Switzerland, as it is the case in other European countries, investors who want to open a business in this industry are advised to first set up a strategy that will suit their business plans, as well as the budget they are willing to invest in a FMCG company. Our team of Swiss lawyers can offer consultancy services on this aspect and can help businessmen with information on the incorporation procedure.
In the situation in which the legal entity will be set up as a retail distributor, the company will purchase various goods from manufacturers or wholesellers to further sell the respective products to the local consumer market, which is represented by end users, who are generally natural persons.
Types of FMCG products in Switzerland
When opening a company in Switzerland in the FMCG sector, the investors may sell a limited number of products or a wide category of goods, depeding on the location in which the business will perfom its activities. Since most of the FMCG products are designed to be sold within a short period of time, it is necessary to acquire various electronics that will ensure their quality (refrigerators, air conditioning systems).
Also, large FMCG companies should have a warehouse and the necessary equipment to deposit, transport and handle the products. Moreover, it is necesarry to hire qualified workforce and to establish the means of communication with the target group to which the products are addressed.
The above mentioned aspects represent just a small part of the entire procedures that should be taken into consideration when setting up a FMCG company and investors are advised to contact our law firm in Switzerland for more details on matters related to this type of business, including the tax requirements applicable to FMCG businesses.