diff --git a/addons/l10n_ch/__init__.py b/addons/l10n_ch/__init__.py
index bc5741375fc..66c98402d11 100644
--- a/addons/l10n_ch/__init__.py
+++ b/addons/l10n_ch/__init__.py
@@ -14,8 +14,10 @@ def init_settings(env):
     '''If the company is localized in Switzerland, activate the cash rounding by default.
     '''
     # The cash rounding is activated by default only if the company is localized in Switzerland.
-    for company in env['res.company'].search([('country_id', '=', env.ref('base.ch').id)]):
-        res_config_id = env['account.config.settings'].create({
+    for company in env['res.company'].search([]):
+        if company.country_id != env.ref('base.ch'):
+            continue
+        res_config_id = env['res.config.settings'].create({
             'company_id': company.id,
             'group_cash_rounding': True
         })