Your business, Swiss Made
Swiss Made: a world-famous label that sums up the quality of products created by Swiss enterprise. A quality born of an environment that is particularly favourable to smooth business activities.
Could your company also benefit from the quality of a Swiss Made environment in the canton of Vaud?
A growing number of international companies are choosing Switzerland and the canton of Vaud as a base for developing their operations in Europe. Switzerland is by far the most popular choice as a location for European or global headquarters. According to a study carried out by international management consultants Ernst & Young (Swiss Attractiveness Survey 2006 - pdf), 45% of decision-makers made Switzerland their first choice, way ahead of the UK in second place with 19.4%.
What’s more, companies that have chosen to set up shop in Switzerland have not regretted it: 74% of them are considering setting up more operations or extending their existing operations in Switzerland.
Highlights
- More than 36,000 enterprises employing almost 312,000 people, 75% in the tertiary sector (2008)
- Third strongest economy in Switzerland and first in western Switzerland
- Gross Domestic Product (GDP) of SFr 37 billion (2008), or nearly SFr 60,000 per inhabitant
- 19 economic development sites (350 hectares) located throughout the canton
- Unemployment rate: 4 % (2008)
- VAT: 7.6 %, the lowest rate in Europe
- 2nd lowest corporate taxation rates in Europe (source : IMD )
- Working hours: 40 - 42 hours per week
- More than 400 financial institutions and 150 foreign banks based in Switzerland
