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Help! Opening restaurant in Geneva

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We are Vietnamese students. We have been living in Switzerland for 11 years. However from last year we are still waiting for renewing permits. We have a Vietnamese friend who has permit C. We would like to open a restaurant together. Due to we have no permits yet so all the paper of the restaurant is on the name of our friend. We make a contract amongs us and the friend that we have 50% in the restaurant.
We do not know if this kind of contract is valid in Switzerland. Please give us suggestions and the guide to open a company and restaurant! thank you so much!

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