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Setting up a company in Switzerland - The ideal "dock" for investors

Updated time: 26 Jun, 2021, 14:34 (UTC+08:00)

The Swiss economy is known for its rapid growth and the welfare of foreign companies is among the best in the world. Let's learn about the dynamic economy and why investors always choose to set up a company in Switzerland through today's article.

With modest natural resources, 60% of the territory is mountainous and has no sea. So why is the economy of Switzerland growing so fast with such limited conditions and resources?

The secret of Switzerland's fast-growing economy

As a country with an economic opening policy, Switzerland has a trade economy with most western countries, especially the 26 Schengen countries. Therefore, this country can take advantage of human resources and foreign investment capital from many parts of the world. For this reason, Mr. Vu Dai Duong - deputy director of One IBC® Vietnam, a reputable foreign company establishment service provider, shared that in order to enter and expand the market to Europe, setting up a company in Switzerland is the most effective strategic decision.

Bern - The capital of Switzerland, one of the important financial centers of Europe

Bern - The capital of Switzerland, one of the important financial centers of Europe

The Swiss economy is extremely prosperous and modern with low unemployment, a highly skilled workforce and one of the highest per capita incomes in the world. Switzerland's main industries include the manufacture of chemicals, medicine, food, and scientific measuring instruments.

With a population of just over 8 million people, Switzerland has 338 banks of all kinds, including 148 foreign banks. Almost all the major banks in the world have branches in this country. Renowned as one of the world's largest banking and insurance hubs with a wide range of financial services, Switzerland can be seen as "the place of origin for all banks".

The Swiss economy through the numbers

The Swiss economy through the numbers

The Swiss economy through the numbers

Comprehensive cooperation relationship between Vietnam and Switzerland

Switzerland established diplomatic relations with Vietnam on October 11, 1971 and the greatest achievement that the two countries have achieved in the past half-century is mutual trust and understanding in many fields, such as the sharing of common global values and especially the cohesion between the two countries’ people. It can be said that Switzerland is a potential trade partner of Vietnam in Europe, and vice versa, Vietnam is currently the fourth largest trading country of Switzerland among ASEAN countries.

The comprehensive cooperation relationship between Vietnam and Switzerland has developed strongly not only in the political field but also expanded to economic, trade and investment cooperation, as well as science, culture, tourism,...

Discover Switzerland's economic potential with One IBC®

Mr. Duong added that in the context of the Swiss economic situation, Vietnamese businesses will receive many important advantages when setting up a company here. With diverse business incentives and trade relationships with 26 Schengen countries, setting up a company in Switzerland is a stepping stone to help you set foot in the potential European market. The two sides regularly exchange delegations and have high-level meetings on the occasion of the World Economic Forum (WEF) Davos Annual Meeting.

In addition, when registering for a trademark or setting up an office in Switzerland with One IBC®, businesses have established a "commitment to quality" for their own company. From there, Vietnamese businesses will attract more investment capital as well as increase the trust of customers.

As the world's leading reputable business service provider, One IBC® is committed to bringing business opportunities without borders and becoming a sustainable business service provider for global investors.

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