Switzerland - The Land Of Investment

Many global companies have chosen Switzerland as their regional or global headquarters. Among them are IBM, Caterpillar, Procter & Gamble, and Philip Morris. Among the main reasons for doing business in Switzerland are attractive tax incentives, easy incorporation, and many other additional benefits. The nation is divided into 26 cantons, each with their own state-of-the-art infrastructure and moderate tax rates extended to every business.

Switzerland has a number of double taxation treaties with countries around the globe. The government has introduced a number of corporate tax reforms that are even more attractive for foreign investors. Small and medium sized businesses also attract an equal amount of incentives as multinationals. In addition, Switzerland has an excellent infrastructure which includes transportation, information technology, education, power supply, and a skilled labor force.

Among the options for the establishment of a business entity in Switzerland are a limited liability company, stock corporation, or branch office. You will need to check with the canton authorities prior to applying for a specific type of incorporation. The country is known to have one of the strongest financial systems in the world. This includes strong banking and insurance sectors that are well regulated, which makes it a safe place to invest. In addition, the banking sector offers a variety of services including asset management, foreign exchange trading, derivatives, and private banking facilities, and much more.

Switzerland is well serviced with major international airports in Bern, Geneva, Zurich, and Basle, in addition to several regional airports. The telecommunication network is among the best in the world with a number of Internet Service Providers also operating in the country. Economic stability and a sound political structure makes it also a safe place to make a business investment.

Switzerland is one of the major countries in Europe with a high stand of living. Companies are always assured the best possible services in terms of setting up business, infrastructure, banking, and much more. In addition, the country has a low crime rate and ranked amongst the lowest in corruption. One of the best investment opportunities is in the hospitality and tourism related sectors. A large number of ski resorts exist throughout the country. In addition, the country shares its borders when many EU countries including Germany, France, Italy, and Austria.

Lugano, Geneva, Basel, and Zurich are already major business hubs with a great potential for businesses to make profits. Moreover, the country boasts of a political system free from bureaucracy that makes it much easier to conduct business without any hassles. For the past few decades, Switzerland welcomes foreign investments in many sectors. In order to set up a business a work and residence permit is mandatory. Setting up a business with the completion of formalities does not take more than 4 weeks. It is mandatory for businesses to keep accounts with complete records of assets, liabilities, income and expenses, and profits and losses. With the minimum amount of rules and regulations, doing business in Switzerland can definitely be profitable for the discerning investor.

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