Western Switzerland is offering an attractive tax and economic incentive programme to high technology firms considering relocating
Why have over 1000 companies chosen to expand into Europe via western Switzerland in the last 15 years? Is it because the region offers aggressively low tax rates? These range from 0% (ten year 'tax holidays') to 11% corporation tax; approximately 25% income tax.
An innovative and dynamic environment? Western Switzerland's highly skilled workforce, excellent infrastructure and stimulating business environment are tailor-made for cutting-edge technologies, manufacturing bases or company headquarters.
Improved access to European markets? Switzerland's unique position at the centre of Europe, but not the EU, gives it the advantages of the EU (free trade/movement of goods and people) without the disadvantages (high taxes and social charges, red tape).
Or is it because the cantonal governments are committed to using their resources to attract foreign companies via the Development Economic Western Switzerland (Dews) programme, allocating each company a project leader to assist with everything needed to set up in business in as little as one month, such as work and residency permits - arranged within two weeks.
Low interest rate loans? State-guaranteed loans for new development.
R and D grants? Federal aid available for collaborative R and D projects with region's high quality technical institutes, universities and science parks, including EPFL, Switzerland's foremost science park.
Investment and job training assistance? Cash grants available for activities that require re-training employees. Property sourcing? Office/factory/apartments sourced by Dews; industrial land, scientific parks, entrepreneurial zones, free trade zones and business centres.
Whether you are a small company expanding into Europe, or an international company setting up a financial or marketing centre, Dews could provide a vital stepping stone into European markets.
