The tax regime in Switzerland is far less onerous and far less bureaucratic than in most western countries. In fact, the total tax take (federal, cantonal and municipal) only represents around one third of GDP, which is well below the European average. As for the rate of VAT (7.6%), it is one of the lowest in Europe.

This moderate tax regime is definitely one of Switzerland's main advantages when it comes to the establishment of enterprises.

Furthermore, most of the tax levels are set by each canton individually, which gives rise to not inconsiderable differences.

Compared with other cantons, Vaud has a very attractive tax regime. Each year, these advantages convince more and more international companies to add their names to the list of prestigious firms already established in the canton of Vaud such as Nespresso, La Redoute, Starbucks Coffee and Philip Morris.

• Taxation of corporate entities
• Taxation of natural persons

Development economic - State of Vaud (DEV)
Avenue de Gratta-Paille 2
Case postale 452
1000 Lausanne 30
Switzerland

Tel : ++41 21 644 00 60
Fax : ++41 21 644 00 79
E-mail : dev(at)dev.ch

www.dev.ch