Set Up Your Foundation in Geneva

Transmission to the competent authority

Once your foundation has been registered, the Commercial Register forwards your file to the relevant authority. Depending on its purposes, your foundation will be subject either to ASFIP (if its activities are canton-wide) or to the Federal Supervisory Authority for Foundations (ASF) if it operates across Switzerland or internationally. This decision is not yours to make; it is determined by the authorities based on the statutes.

Decision from the competent authority 

This official decision means the foundation is now under the supervision of the competent authority. This guarantees compliance with the legal framework and ensures that funds are used in accordance with the purpose set out in the statutes.