STM Swiss - About Swiitzerland

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	Last Updated:14/12/2011

About Switzerland

Switzerland is the ultimate choice for business, residence and economic investments, whch is why there are 700 international headquarters here.

Foreign firms established in Switzerland provide employment to around 210,000 people and contribute 10 per cent to the Gross Domestic Product. The country is closely tied to the EU economy, making it one of the EU’s most important business partners.

Switzerland is proud of its reputation as one of the best business locations in Europe.

The country regularly achieves top rankings in fundamental areas such as an efficient legal system, long-term stability, workforce satisfaction, protection of free competition, property ownership and innovation.

Moreover, government institutions work efficiently and are dedicated to minimizing red tape. It is easy to establish a business here.

Switzerland offers an ideal combination of political, social and economic stability and a high standard of living characterized by excellent healthcare facilities, low crime rates and a healthy lifestyle.

Whilst not a tax haven by any means, Switzerland nevertheless has an attractive tax regime, with moderate tax rates and significant incentives in certain of its cantons.

Throughout recent history, Switzerland has successfully and vigorously defended its neutrality which is deeply rooted in its culture, steering clear of conflict wherever possible.

Yet this has been achieved not by compromising the principles of democracy, freedom of choice and personal privacy, but by offering the same freedoms to everyone.

Switzerland has four official languages: German, French, Italian and Romansch. English is widely used in Switzerland, but it is not considered an official language.