Switzerland has long been a destination for wealthy individuals and families. This article examines features of Switzerland that are relevant for individuals and families including the recognition of trusts in Switzerland, the taxation of trusts, immigration to and residence in Switzerland and issues arising on immigration. This article is part of the global guide to private client law. For a full list of jurisdictional Q&As visit www.practicallaw.com/privateclient-guide
The table summarises key succession regime provisions. Click on each jurisdiction to check the law stated date. This table is part of the global guide to private client law. For a full list of jurisdictional Q&As visit www.practicallaw.com/privateclient-guide
Switzerland does not have a substantive trust law, and it is not possible to establish a trust in Switzerland. Foreign trusts, however, can be fully recognised in Switzerland. This article considers the taxation of trusts in Switzerland, including: general rules relating to taxation in Switzerland; guidelines for taxation of trusts in Switzerland under Circular Letter No. 30 and VAT-Branch-Info No. 14; and tax consequences for trusts in income tax and net wealth tax, inheritance tax, withholding tax, and VAT. This article is part of the multi-jurisdictional guide to private client law. For a full list of jurisdictional Private Client Q&As visit www.practicallaw.com/privateclient-mjg
A Q&A guide to private client law in Switzerland. The Q&A gives a high level overview of tax; tax residence; inheritance tax; buying property; wills and estate management; succession regimes; intestacy; trusts; co-ownership; familial relationships; minority and capacity, and proposals for reform. To compare answers across multiple jurisdictions, visit the Private client Country Q&A tool. The Q&A is part of the global guide to private client law. For a full list of jurisdictional Q&As visit www.practicallaw.com/privateclient-guide.