Captive Establishment/Licensing Procedure
All issues relating to the set-up of a captive will be carried out by AIM Switzerland. This includes work with commercial register, notary, tax authority, the completion of the Business Plan as well as other regulatory documentation, the submission to the FINMA (Swiss FSA) and subsequent interaction until receipt of the (re-)insurance licence.
Management of the Captive
Once the (re-)insurance licence has been obtained, the captive can start underwriting business. AIM Switzerland is the prime captive manager in Switzerland offering complete administration services, renewal of contracts including implementation, accounting, tax returns, preparation of board meetings/annual general meetings.
Mergers and liquidation of Captives
AIM Switzerland has expert experience in the field of mergers and liquidation of captives. We offer winding-up services such as commutation and novation.
AIM Switzerland also offers administration and accounting support/services to companies which are not captives such as branch offices, holding companies or finance companies. Further services to be obtained are internal control system, internal audit, tax returns, office rent etc.