Set Up a Rental and Leasing Company in Switzerland
Set Up a Rental and Leasing Company in SwitzerlandUpdated on Monday 25th June 2018
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Why set up a rental and leasing company in Switzerland?
One of the main reasons for setting up a rental and leasing company in Switzerland is given by the fact that this sector is increasing at a steady rate. This can be seen when taking into consideration the workforce employed in the rental and leasing businesses, which, at the level of the second quarter of 2017, increased by 6,9%.
It is important to know that Switzerland accounts for approximately 800 leasing companies, which generally offer their services to large corporation and small and medium sized companies operating here. The increase of 6,9% accounts for approximately 5,000 new jobs and our team of lawyers in Switzerland can offer legal assistance on the main employment regulations.
The video presented below offers a short description on how to set up a rental and leasing company in Switzerland:
The advantages of starting a Swiss rental and leasing company
It can be a great business idea to start a company in the rental and leasing sector as, for example, Swiss citizens are generally interested in renting properties. It is important to know that more than 60% of the persons living in Switzerland rent the properties in which they live. Thus, a business operating in this sector can benefit from the trend available on this market. Other advantages, which can be detailed by our team of Swiss lawyers, are represented by the following:
- • a competitive market, as the demand is generally higher than the available supply;
- • Switzerland benefits from large expats communities, which are generally located in the cities of Zurich, Geneva, Basel and Lausanne;
- • as a general rule, most of the contracts are concluded in writing, as the rights and obligations of the parties can be better protected, but oral agreements are also accepted;
- • as the local legislation requires the tenant to provide a wide range of documents prior to signing a rental agreement, the company can provide its consultancy services to persons/legal entities interested in renting/leasing a property.
One of the most common leasing activities in Switzerland refers to the automotive sectors and companies operating here are specialized in offering professional services and foreign investors can contact our law firm in Switzerland for legal assistance referring to the main rules of law regarding this business sector.