Eternity Law International News Benefits of choosing Switzerland for doing business

Benefits of choosing Switzerland for doing business

Published:
May 12, 2021
Share it:

Today, choosing a place to do business is one of the most important points in a competitive economy.

We propose to consider such a jurisdiction as Switzerland. This country is on the market as one of the most developed jurisdictions and with a unique territory with many advantages for entrepreneurs. Switzerland has a strategic position for logistics and business operations. Switzerland also has access to the European market without facing the regulatory shortcomings of the EU.

Banking and financial services

Highly competitive policy, credibility and experience of Swiss financial and banking services determine the financial stability of the country, which makes it a good option for doing business not only national but is an attractive aspect for many foreign investors.

What challenges should I consider when expanding to Switzerland?

The corporate tax rate varies from 12% to 18.2% . Tariffs vary depending on the canton in which the company is located.

Corporate Tax in Switzerland

Comparison between select Cantons

(% of net income)

CantonCapital CityCanton & Municipality
Basel-StadtBasel13
BernBern16.4
FribourgFribourg13.7
GenevaGeneva13.5
LuzernLuzern12.3
TicinoBellinzona17.5
SchwyzSchwyz12-13
ZugZug12
ZürichZürich18.2

 

Types of business entities

There are many types of legal entities in Switzerland, but the most commonly used are Aktiensesellschaft (AG – German version of Switzerland, SA – French version of Switzerland) – public company and Gesellschaft mit baschranker Haftung (GmbH – in German, Sarl – in French) – limited company. responsibility.

Also Switzerland has different licenses depending on the type of activity in the field of finance and cryptocurrency. The minimum for all financial intermediaries is membership in the SRO self-regulatory organization (Anti-Money Laundering Act). FINMA license as directly subordinated financial intermediaries.

Business registration

Company registration time is fast, about 1-4 weeks. During this time, you have to register with the trade register, with the tax authorities, as well as register with various authorities, etc. But you can speed up this process, namely there is an opportunity to purchase a ready-made company in Switzerland, which is already ready to work. Ready-made companies are a great way to quickly start a business, in addition, with a ready-made company, you gain credibility, investor confidence and a reliable tool for raising capital and investing.

This is a highly regulated market. Although the Swiss economy is intertwined with the EU, there are rules and compliance requirements that are unique to the market and may not always meet EU standards. The high costs of employment and property should also be taken into account.

The problems of activity in the new country are often frightening – regulations are constantly changing, and no business landscape remains static. Without a full understanding of current issues, companies are subject to punishment and even the prospect of civil or criminal litigation.

If you are planning to do business in Switzerland, it is very important to have an experienced partner with a global scale with a global footprint. With a worldwide network of in-country experts, Eternity Law International will make sure your local needs are met, accurately, and on time.

Other gaming license

You could be interested

Cyprus Investment Firms (CIF) Licensing

In Cypriot jurisdiction, highly popular mechanisms for investors are firms dealing with finances. Here, a local financial institution principally engaged in holding, managing and investing securities (shortly, CIF) falls under mandatory supervision executed by CySΕC. This is enforceable in line with terms stipulated by Law 87(I)/2017 referring the delivery of services in terms of investing,...

7 Best Offshore Bank Accounts & Countries in 2025

By 2025, the offshore jurisdictions are likely to return at the heart of international wealth management and global business operations. These nations craft many advantages for their clients, right from currency diversification, regional access to safeguard of long-term capital. The end best option will be an investor’s objective either closely knitted to international trading, private...

PI license in the Czech Republic

An authorized payment institution (API) in the Czech Republic is the perfect solution for pan-European and trans-border payment processing. It facilitates processing payments and money transfers of private individuals, companies, and internet merchants. To ensure the proper operation of such institutions and the protection of customer funds, the EU PSD entered force in 2007 and sets...

Crypto License in Portugal

Holding a crypto license in Portugal means developing a legally-regulated basis for conducting cryptocurrency services within the European model.  Portugal has developed one of the most flexible regimes for virtual currencies, now aligned with the new EU MiCA regulation, which replaces the former VASP registration framework. General Information Regulator Banco de Portugal License Type Crypto-Asset...

Commercial Attorney Belgium

As a center of European commerce, diplomacy, and rule-making, Belgium is a country where the complexions of commercial law can spell the difference between a company’s long-term success or failure. Whether starting commercial functioning in Belgium for the first time or running existing activity, the legal base must be more than theory – it demands...

Development of trading robots and terminals

Previously, a trader placed his order through a landline phone, and tracked quotes using newspapers. Computerization brought with it the first trading programs, followed by Internet trading. Because the amount of incoming information and the speed of its receipt is growing rapidly, people began to have trouble with manual trading on the exchange. Thus, automation...

Related posts

Legal forms in Switzerland: which is more preferred for your business model?

When entrepreneurs want to start a firm in Switzerland, the first strategic resolution they are faced with is the legal form of their establishment. While the country offers various options, two options have been held up in practice, namely the AG and the GmbH. Both organizations provide limited liability and are laid down in the...

International Jurisdiction Cases Switzerland

Switzerland, small as she is, plays a major and indeed, differentially significant role in the world’s legal affairs. With its finance, multinational firms, and major global organizations, Swiss courts commonly adjudicate lawsuits touching on cross-border aspects. Understanding how these courts assert the authority by global jurisdiction is a matter of importance for legal practitioners, global...

Shareholder & Partnership Disputes in Switzerland

Running a firm  with partners or co-founders could be rewarding — but in case things go wrong, arguments can quickly turn distinctive and messy. Whether you’re facing tension through decision-making, interests, or a firm region, it’s critical to apprehend your entitlements and take action. If you’re sorting things out with a partner or partnership conflict,...

Mergers & Acquisitions (M&A) in Switzerland

Time and time again, one thing becomes clear in deal-making of mergers and acquisitions Switzerland: more than just monetary operations, M&As are strategic turning points. For businesses in Switzerland, M&A can represent the next build phase, an entrée to new markets, or a lucrative exit. Achieving success in these efforts is not a game of...

Business Formation & Corporate Governance in Switzerland

Setting up a business in Switzerland continues to appeal to entrepreneurs looking for legal security, strategic location, and long-term tax predictability. But recent updates in corporate governance Switzerland frameworks are making legal preparation more important than ever. Legal experts say that while the process of registering a company remains straightforward in principle, startups and foreign-owned...

Corporate Lawyer Switzerland

Many experts claim that doing any type of commercial activity in this direction is a golden opportunity. However it is vitally important to remember that formula is applicable only if you play your legal cards right. When we are talking about this region, the legislative base is famed for its precision, discretion, and stability. On...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Fill the blank: