Sàrl (LLC) vs SA (Ltd)
Compare the LLC (Sàrl) and the public limited company (SA) — capital, anonymity, governance and share transfers — then answer 4 quick questions to see which suits you.
Criterion
Sàrl
SA
Minimum capital
CHF 20'000 (100% paid up)
CHF 100'000 (min 50% paid up)
Liability
Limited to the capital
Limited to the capital
Shareholder anonymity
No — published in the register
Yes — shareholders not published
Min. number of founders
1
1
Mandatory body
Manager(s)
Board of directors
Auditor
Optional (opting-out)
Optional if < 10 employees
Transfer of shares
Notarial deed required
Free (registered/bearer shares)
Image / Credibility
SMEs, startups
Investors, fundraising
Formation cost at Klear
From CHF 490
From CHF 590
Ideal for
1-5 people, local activity
Ambitious projects, investors
Quick quiz
Which legal form for you?
Your starting capital?
How many founders?
Is shareholder anonymity important?
Your main objective?