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The canton is an attractive residential region as well as a preferred business location. Because the Canton of Zug offers a broad, but focused mix of sectors, an attractive tax situation and a business- friendly environment. Are you planning to set up business in Canton Zug? If so, you will find yourself in very good company. Internationally-renowned enterprises already benefit from the many advantages this business location offers: There are many types of companies that an entrepreneur may choose to open in Zug and the most popular are the Companies Limited by Shares and the Joint Stock Companies. A limited by shares company, the Gesellschaft mit beschränkter Haftung (GmbH), has its capital divided into shares, with a minimum value of 100 CHF and with the liability of its members limited by the deposited capital. Its representation is made by a Swiss resident. The minimum share capital of 20,000 CHF must be paid at registration. The management of such a company is made by the General Meeting of the Shareholders, the Swiss Management body and the auditors. It is the most selected form of business in Zug. The reason is the small amounts of money necessary to open it and the possibility to transform it very easily into the second form of business chosen by investors, the joint stock company. A joint stock company in Zug requires a minimum share capital of 100,000 CHF, payable in two tranches: one at registration and the other one after starting the business. The management of such a company is assured by the General Meeting of the Shareholders, the Board of Directors and the auditors.