Industry Group Private Clients
Switzerland is a popular domicile for wealthy individuals for several reasons: It attracts with advantageous taxation, comparatively simple company formations as well as a high standard of living and the best educational opportunities for children and young people. The latter make Switzerland a popular place to study for people from all over the world. Furthermore, Switzerland is characterized by a high level of security, both politically and economically, and is located in the heart of Europe. Switzerland also has a lot to offer in terms of culture and nature, which makes it a popular holiday destination.
If you are interested in tax optimization and risk diversification, Switzerland is exactly the right address, because Swiss banks offer a high degree of security and discretion. The experts at Teichmann International (Schweiz) AG have extensive expertise in the area of taxes and finances and offer you and your family all-round support in this regard.
In particular, our owner, attorney-at-law Dr. Dr. Fabian Teichmann, LL.M, has degrees in economics as well as accounting and finance, general management and more. Our lawyers are also interdisciplinarily trained and have extensive expertise in finance and taxation. Thus, we are well prepared to provide you with high-quality advice from a single source as part of our activities as a law firm and notary's office.
Among other things, we open accounts for people who are not domiciled in Switzerland. The reasons for opening such accounts can be manifold but are often related to risk diversification. Clients whose domestic banking system is struggling with risks such as inflation or devaluation, or who are exposed to certain risks due to their political exposure, appreciate the expertise and discretion of the Swiss banking sector. In other cases, clients use Swiss accounts to provide for the future of their descendants who are not entitled to inherit in their country of residence (e.g. due to gender or religion).
Our experienced experts accompany you to appointments with the bank, undertake negotiations with banks and authorities at home and abroad and ensure that the best possible result can be achieved for you. In particular, the general terms and conditions for opening a bank account may vary from bank to bank and the pricing may not be transparent. The experienced lawyers of our law firm will support you in negotiating these conditions in order to achieve an offer which, in the best case, transparently covers all important fees.
US clients should note that only banks holding a license from the Securities and Exchange Commission are allowed to serve clients from the USA. The same applies to Canadian clients. Teichmann International (Schweiz) AG serves clients from all over the world and is therefore well acquainted with the needs of its international clientele. We will be happy to assist you in choosing a suitable bank and support you throughout the entire process.
Moreover, Swiss private bankers are world Heads in portfolio management. All clients who want to increase their assets in the long-term need access to such exclusive private bankers. However, this can usually only be obtained through recommendations. Due to our large professional network, the lawyers of our firm can assist you in establishing these contacts and initiate all administrative arrangements.
Of course, a Swiss bank account can be frozen if, for example, there is a suspicion of money laundering or an international request for legal assistance. Our law firm specializes in such cases and has successfully reversed unlawful asset freezes of our clients in the past. We are also happy to assist you in closing your Swiss bank account.
The experts at our law firm will also be happy to advise you and assist you in all matters relating to the inheritance of a Swiss bank account. On behalf of the heirs, the experienced experts of our law firm will establish contact with banks and tax authorities in order to initiate the declaration of the inheritance. Our law firm with notary's office in St. Gallen is at your disposal for official certifications of foreign documents. The experienced lawyers at our law firm will also routinely identify dormant assets to which you are entitled and close the relevant bank account after they have been transferred to you.
The experts at Teichmann International (Schweiz) AG are still very familiar with international tax optimization. Lump-sum taxation is unique to Switzerland, which is why it is advisable to consult an experienced lawyer. As part of our holistic advice, we will support you in this respect in choosing a suitable place of residence, establish contact with banks and initiate all the necessary steps.
Based on your individual needs, our experienced lawyers determine, among other things, which currencies you should link to your Swiss account. We also establish contact with the Swiss tax authorities. Together with you, we determine the best course of action tailored to your initial situation to develop both economically sensible and target-oriented solutions for tax optimization. Based on our extensive expertise and many years of experience, we can also negotiate the best lump-sum taxation agreement for you. This process normally takes only a few weeks.