Switzerland is one of the most beautiful countries in the world. The lush green scenery, the gorgeous mountains and the beautiful villages and towns of Switzerland have made it a very attractive destination for tourists. For those who want the scenic beauty, there are plenty of small towns and villages. Or, for people who want to explore the modern side of the country, the cities of Zurich and Geneva are popular attractions. However, apart from being famous for its tourist industry, the banking and commerce sector of Switzerland is also one of the best in Europe.
If you want to start a new business or set up a company, you should definitely think about setting it up in Switzerland. Not only is it one of the most beautiful countries in the world, but the laws and regulations of Switzerland make it tremendously attractive to prospective business owners. Here are just some of the many reasons why you should set up your company in Switzerland.
Relaxed Taxation Laws
Arguably the main reason why Switzerland is such an attractive destination for potential business owners is because of its relaxed taxation laws. The government of the country actually wants people to trade and thrive, which is why they offer plenty of benefits and incentives to people who want to start their business in Switzerland. A major reason why so many businesses fail right from the start is because they are burdened by the taxes and legal permits that they must attain. The government fee makes it very difficult for such businesses to thrive. However, if you are setting up in Switzerland, you don’t need to worry about the cost of starting your business. Provided that you open your company in the right canton (administrative divisions in Switzerland are known as cantons), you will be able to take advantage of the relaxed tax laws and quickly get your business off the ground.
Easy to Set Up
Swiss company formation is tremendously easy, especially when compared with that of other countries. You don’t need to worry about filling out extensive applications, nor spend your first few weeks poring over legal regulations. Just hire a local company administration firm to help you out. Local administration firms provide a wide array of services to companies, making it easy for business owners to get their company registered and incorporated within a couple of weeks.
Setting up your company in Switzerland is a piece of cake. Once you contact an administration firm, they will require details about the kind of business that you want to do in the country. They will give you a brief summary of all the legal requirements that you have to meet and provide you with a detailed list of documents that you must submit. All you have to do is follow their instructions. The company will only require a small deposit for their services, which is nothing compared to the amount of benefits that you get!