Can you pay taxes in cryptocurrency in Zug?

Yes. Zug accepts BTC and ETH for tax payments since 2021. Minimum crypto payment threshold is CHF 1.5 million (2025). Bitcoin Suisse converts crypto to CHF. Tax is calculated in CHF; crypto is only a payment method.

How difficult is it for a foreigner to open a company in Crypto Valley?

Process is standardized. At least one Swiss-resident director is required (nominee services available). Timeline 8–12 weeks. EU/EFTA face no extra hurdles; non‑EU need a work permit. Legal costs: CHF 5,000–10,000 for foreigners.

What are the cryptocurrency taxes in Zug canton for individuals?

Private capital gains are tax‑exempt. Crypto counts toward wealth tax (approx. 0.1–0.5% annually). Mining and staking rewards are ordinary income. Professional traders are taxed on gains and may deduct expenses.

What is the difference between Crypto Valley and Silicon Valley?

Crypto Valley specializes in blockchain with clear Swiss DLT rules and lower taxes (Zug 11.85%). Silicon Valley spans all tech, has larger funding and talent breadth but fragmented US crypto regulation.

What legal forms are most common for blockchain companies in Zug?

AG and GmbH. AG: CHF 100,000 capital (50% paid), preferred for fundraising/ICOs. GmbH: CHF 20,000 fully paid, suits smaller operations. AG offers more flexibility and international recognition.

How long does SRO registration take for crypto companies?

Typically 8–12 weeks after company formation. Requires AML/KYC policies, transaction monitoring, and full UBO documentation. Start immediately after commercial register entry to avoid delays.

What are the main costs of maintaining a crypto company in Zug annually?

Typical annual costs: registered office CHF 1,200–2,400; accounting CHF 3,000–8,000 (startups); SRO CHF 1,500–3,000; audit if required CHF 5,000–15,000; legal compliance CHF 2,000–5,000. Total CHF 12,000–35,000.

Does Zug require physical office space for blockchain companies?

A Swiss registered office address is required; many use virtual offices (CHF 1,200–2,400/yr). Physical offices are typical for staffed operations. Rent is ~CHF 400–800 per m² annually.

What is the timeline for opening a bank account for a crypto company in Zug?

Usually 4–8 weeks post‑registration. Banks need a detailed business plan, compliance framework, source of funds, and volume forecasts. Crypto‑friendly banks (Bitcoin Suisse, Sygnum, SEBA) may be faster.

Can a blockchain company operate in Zug without FINMA licensing?

Yes, if activities fall outside regulated categories (e.g., software, consulting, pure utility tokens). Exchange/custody/asset tokens require SRO membership or FINMA licensing. Seek legal assessment early.

What are the advantages of Crypto Valley Association membership?

Access to a 41k‑member network, working groups, policy influence, events (e.g., Crypto Valley Conference), pitch opportunities, and investor connections. Fees vary by member type.

How does Switzerland's DLT Act affect crypto companies in Zug?

It codifies DLT securities, DLT trading facilities, custody standards, and bankruptcy protections, enabling tokenization with legal certainty and supporting compliant business models.

What is the difference between payment tokens and asset tokens under FINMA classification?

Payment tokens are for payments and not securities; AML rules apply. Asset tokens represent claims/ownership and are securities, triggering prospectus and trading rules.

Can non-EU citizens obtain residence permits through blockchain company formation in Zug?

Possible but stricter than for EU/EFTA. Paths include B permits for directors/employees where economic benefit and jobs are shown, or significant investment creating jobs. Cantonal discretion applies.

What compliance obligations apply to crypto exchanges operating from Zug?

Exchanges need AML/KYC, transaction monitoring, MROS reporting, 10‑year records, SRO membership, asset segregation, cybersecurity, audits, and MiCA compliance if serving the EU.

20.12.2025 • 20 min read

Crypto Valley Zug: comprehensive guide to Switzerland's blockchain ecosystem

Over the past decade, I've guided more than 40 blockchain companies through Swiss registration

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By Markus Pritzker

Swiss Business Lawyer & Corporate Formation Specialist. Off-counsel at SwissFirma network.

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