Ease of doing business in

Switzerland

Presented by:-
Divek Goyal
Dolfy Singla
Navneet
Ritish Gupta
Sourav Goyal
 1 Swiss Franc = 1.01 USD
Overview of Switzerland
• Population: 8.3 million
• Area: 41,285 km2
• Official languages: German, French, Italian, Romansh
• Currency: Swiss Franc (CHF)
• Nominal GDP: US $669.0 billion
• Real annual GDP growth: 1.4%
• Exports of goods to UK: £10,126 million
• Imports of goods from UK: £8,602 million
• Exports of services to UK: £3,604 million
• Imports of services from UK: £12,386 million
Strengths of the Swiss market
• central location in Europe
• political and financial stability
• excellent public infrastructure
• highly-educated workforce
• high productivity
• innovative country with high spend on research and development and technology
• purchasing power amongst the world’s highest
• reliable business, legal and regulatory environment
• low value added tax (VAT) compared to many European Union (EU) countries
• 43,000 British nationals live in Switzerland and over 7,00,000 British tourists visit
annually
• Rank of Switzerland is improved to 36 in 2019 from 38 in 2018
• New Zealand has topped the ease of doing business ranking
2017,2018,2019 also.
Economic framework
• In terms of population, Switzerland’s gross domestic product (GDP) is the
world’s fourth highest. In the industrial sector, the engineering, electrical, and
metal industry is of key importance. Globally successful groups, like Novartis,
Roche, and Syngenta, and smaller companies form a unique life-
sciences cluster in northwestern Switzerland. Renowned research institutions
and excellently trained and technically skilled workers make Switzerland a
favorite location for companies from the information and communication
technology sector.  
• In order to ensure company success, it is essential to optimize the value chain.
Based on the value drivers in your business model, our factsheets show you
the most important arguments in favor of Switzerland as a company location.
There are only five simple step to start a business in Switzerland
• Start by a research
• Choose a business structure
• Register a company name
• Register a business by following simple steps like

a) Felling out an application foam

b) Preparation of necessary documents like corporate charter article of association in presence
of the notary public
c) Publication in official general of the canton. Etc.
• Last is Register for vat in Switzerland by creating an application to federal tax administration
after the incorporation process complete
Legal Environment
• Consumer Protection
In Switzerland privacy is guaranteed by article 13 of the Swiss Federal
Constitution, the Swiss Data Protection Act and the Swiss Federal Data
Protection Ordinance(13). Switzerland has also partially implemented the
European Union Directive on the protection of personal data. Unlike
many countries, data protection legislation covers both natural persons
and legal entities.  The Swiss Federal Data Protection and Information
commission is the governmental department overseeing data protection,
and must be informed about information transfers outside of Switzerland
in many cases(13).  Many Swiss cantons have also enacted data
protection laws(13).
• Environmental Protection
Switzerland has very strong environmental laws both at the federal and
cantonal level, resulting in some of the lowest air and water pollution
levels in Europe, as well as robust waste and waste water facilities.  This
is important as tourism brings in almost 16 billion CHF annually, and
employs more than 4% of the population.  Since, Switzerland has a
direct form of democracy, many environmental laws have been enacted
by citizen referendum.  Swiss expenditures on environmental
protection amount to 1.7% of GDP annually.  The Yale Center for
Environmental Law and Policy at Yale University ranked Switzerland as
the 2nd best country in terms of environmental performance in their
2010 Environmental Performance Index
• Intellectual Property
The Swiss Federal Institute of Intellectual Property is the organization
that oversees patents, trademarks and copyrights in Switzerland.  This
office is famous for hiring Albert Einstein as a patent clerk from 1902-
1907, then known as the Federal Office for Intellectual Property.
 Switzerland has also signed the World Intellectual Property
Organization's Copyright and Performances and Phonograms Treaties
.Passed in the U.S. as the Digital Millennium Copyright Act. These
provide copyright protection for information technology and provide
for the rights of performers and producers of sound recordings .
Trade Policy
• Import Tariffs
• Valued Added Tax
• Trade Barriers
• Import Requirements and Documentation
• Swiss Export Controls
• Temporary Entry
• Labeling and Marking Requirements
• Prohibited and Restricted Imports
• Standards
• Trade Agreements
Switzerland and UK trade

• Switzerland is the UK’s most important non-EU trading partner after

the USA. There is a strong trading relationship in both trade in goods
and trade in services.
• According to SNB, There was a net trade surplus in goods of CHF 5.1
billion in 2015 and a net trade deficit in services of CHF 2 billion. This
adds up to a net trade surplus of CHF 3.2 billion for Switzerland
(approx. £2.4 billion ); i.e. a trade deficit for the UK.
Benefits for UK businesses
Benefits for UK businesses exporting to Switzerland include:
• favorable exchange rate
• flight times under two hours
• English widely spoken
• multicultural market suitable for product testing
• Europe’s highest per-capita income
• similar legal and regulatory environment to the UK
Key factors that can benefit British trade into
Switzerland include
• strong demand for high-quality products and services with
competitive prices
• highly automated and efficient manufacturing sector
• strong Swiss Franc makes UK products highly competitive
• Switzerland is a springboard for third-country business