Financing New Corp with a Corporate Loan

Finance, Taxes, Banking, Insurance and Retirement
1
Hello,

I should probably ask an accountant but thought to check here first...

I am setting up a new Swiss LLC corp and was wondering if the first 20k required can be financed by another overseas corp as a loan that will be paid back with interest?

Or does the 20k have to come from my personal Swiss account?

Many thanks!

2
As an accountant, you answered your question in your second sentence.

3
No and you could not do that in pretty much any country. I don't think you understand the nature of share capital in general.

Share capital denotes ownership so it can't be a loan of any type - basically someone must own the company. The overseas company could either pay up the capital of the Swiss company and be it's owner or lend you the money, you pay up the capital and be the owner. But this is almost certain to create a complex structure and have tax implications, so best speak to a professional on this.