How to Run a Swiss Business in 2020 [Key Changes]
The new year, 2020 has brought with it a raft of new laws and changes in Switzerland.
The Main Legislative Changes In Switzerland 2020
Dear Clients,
With these few lines, we request your precious time to remind you of the main legislative
changes that await us from January 2020.
Tax deductions in Switzerland
The calculation of the tax rates in Switzerland is based on the net income of the taxpayer. Like in most other European countries, there are several tax deductions that can be made when a tax declaration is filed in Switzerland. These will reduce the taxable income and consequently the value of tax that needs to be paid diminishes significantly.
Tax reform 2019 in the canton of Zug
On May 19, 2019, Swiss voters approved a referendum—a tax reform package that was also implemented in the cantonal tax laws.
Taxation of holding companies in the canton of Zug
Swiss holding companies provide certain tax benefits, especially depending on the canton where they are established. The canton of Zug is one of the preferred business locations for company registration, including for holding companies.
Taxation of Swiss mixed companies
Swiss mixed companies can benefit from certain tax privileges if they qualify under certain conditions. Especially on cantonal level, the tax rate can significantly drop. Find out how can a Swiss company qualify as a mixed company and what are the most important tax advantages for this type of company in Switzerland.
Taxation of foreign companies in Switzerland
Tax rates and important details about the Swiss tax system for foreign companies and entrepreneurs interested in doing business or incorporating in Switzerland.
An in-depth look at the Swiss corporate tax rate
The corporate tax rate is collected in Switzerland from companies, based on their net income obtained from business activities during a fiscal year.
Why invest in Switzerland?
Switzerland has become a preferred destination for investors due to its taxation system, geographic and political position, low inflation, low unemployment rate as well as its competitive business environment.
Cost of living in Switzerland
The cost of living in Switzerland is among the highest in the world, with the main cities Zurich and Geneva being named in the top 15 most expensive cities in the world in a 2019 study. On the other hand, Swiss salaries and the living standards are also among the highest in the world, which is the main reason why you should consider Switzerland a perfect location for work and living a quality life.