1. Interest-free loans are not recommended, as they could be qualified as equity by the tax authorities.
2. Loans (operating credits) may be charged interest at a maximum rate of 3.75% p.s. (up to CHF 1 million) or a maximum rate of 2.25% p.s. (above CHF 1 million). [For holding and asset management companies, the maximum rates are 3.25% and 2% respectively.]