GmbH Declaration on private Tax Declaration

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

I founded a GmbH late last year (fiscal year 2022). I own 100% of this GmbH. I founded it with a 20'000CHF deposit and it is all it has by now.

The 1st tax declaration of this GmbH will be in 2024, for both fiscal years 2022 and 2023 together.

I am filling out my *private* tax declaration for fiscal year 2022.

How/where should I declare this GmbH in my private tax declaration? I guess under "Wertschriften", but with which "Art der Wertschrift"?

Thank you,

2
Best go / call your local Steueramt and ask them - they will explain.

3
Declare the 20k under Vermogen.

Edit: I just write "Fred" GMBH CH GMBH-Anteil

4
Hello onemorehere,

I was wondering if you have any experience to share in regards the founding of the GmbH. I am thinking about founding one soon and I was wondering what major changes in regards to taxes will apply.

Could you share some details? For example, how was the GmbH's income taxed? How is the personal tax influenced? How does paying a (yourself) salary influence taxes? How does keeping GmbH profit inside the company without paying it out influence taxes?

Cheers

5
A GmbH is a separate entity to you - you will file taxes from that separate to yours. If the GmbH pays you a salary then you will pay income tax on tax. You will include the value of the GmbH for your wealth. And for the first few years (I think it was 2).you can deduct some.losses.

Ideally you will have lots of costs on the GmbH (computer, phone, partial rent, car if appropriate) to keep corporate tax low and pay yourself a low salary to keep personal tax low.

I would also say if you have all these questions you may want the support of an accountant to ensure you understand how it all works and can leverage to your advantage.

K