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Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
Switzerland Analysis
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Switzerland Analysis

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  • 1. To maintain peace and order . Together with other aspects of the legal system, legally enforceable property rights help minimise physical violence – and the associated destruction of economic resources - aimed at securing the control of assets that are sources of economic rewards. This factor clearly applies to all types of property, ‘real’ or ‘intellectual’.   2. To assign decision rights . efficient allocation of resources cannot obtain unless someone (individual or collectivity) has the right to decide how economic assets are used. However, the consequences of this principle are rather different depending on whether it is applied to ‘real’ or to ‘intellectual’ property. This is because most forms or real property are seen as private goods while intellectual property is generally thought to a public good . Private goods are characterised by rivalry in usage, i.e. they cannot be used by more than one economic agent at the same time: we cannot both eat the same apple. Because of this, it is generally optimal to let a single agent decide how the good ought to be used. Public goods, on the other hand, are such that usage by one agent does not preclude usage by another:   3. To reward investment . This factor relates to dynamic efficiency. The idea is simply that no rational economic agent will incur the cost of investing in developing or maintaining property unless she his able to collect some corresponding reward. Hence, if sufficient investment is to be induced, investors must be given property rights over the fruits of their investment so that they can capture a significant proportion of the value that they create. Although this factor applies to all types of property, it is of special importance for assets whose development and/or maintenance require significant effort.     4. To favour the diffusion of information. Agents investing in assets might try to exploit them ‘secretly’, expending effort to prevent others from gaining information about the asset.
  • Transcript

    • 1. Country Analysis :Switzerland Anil kumar Singh Arushi Divya Jain Mamta Singh Neelesh Pal Sushant Sharma
    • 2. LAND and LABOUR
    • 3. SOME STATISTICS
      • Total area :41277 sq km
      • Climate : Temperate ,but varies
      • Terrain :mostly mountains, central plateau of hill plains, large lake
      • Languages :german,french,italian
      • Religion : Christianity
      • Natural resources: hydropower, timber, salt
      • Arable land:9.91%
      • Permanent crops :0.58%
      • Population :7753600
      • Irrigated land :250 sq km
      • Foreigners :21.7 %
      • Life expectancy:84.2 (F),79.4(M)
      • Education (‘000s):1506.8
    • 4. LAND LAWS AND PRACTICES
      • CONTRACTS
      • Specific term contracts
      • Indefinite duration contracts
      • PERMIT REQUIREMENTS
      • Permanent business establishments
      • Residences
      • Switzerland “ Land of tenents”
    • 5.
      • Harmonious relations of employer and employee
      • Work hours:45/week
      • Paid vacations:4 weeks
      • Minimum age for employment:15 yrs
      • Freedom for worker association
      • Right to representation in firm
      • Unemployment: 2.6%
      • SOURCES : Websites of ILO, Swiss federal statistical office ,CIA world fact book,
      • International trade union confederation .
      LABOR LAW AND PRACTICES
    • 6. EDUCATION IN SWITZERLAND
    • 7. Introduction
      • Publically-funded education
      • Largely decentralized education system
      • Responsibility of education lies with 26 cantons
      • Cantons financed about 87% of public educational expenditures.
      • Education expenditure is about 5.8% of GDP.
    • 8. Swiss Educational System
    • 9. Swiss Educational System - Statistics
    • 10. Statistics:Tertiary Education Education Level Total Men Women National Origin Swiss Foreign Universities 112309 57181 55128 87103 25206 Humanities and Social Sciences 41685 15028 26657 33909 7776 Economics 14233 9920 4313 9989 4244 Law 13247 6314 6933 11328 1919 Exact and Natural Sciences 18714 12043 6671 13238 5476 Medicine/ Pharmacy 10706 4193 6513 9157 1549 Engineering 10940 8163 2777 7238 3702 Interdisciplinary and others 2784 1520 1264 2244 540
    • 11. International Comparison
      • According to the study carried out by OECD:
      • Swiss 15 year olds were above average in all the areas tested
      • Nevertheless, for no subject area was Switzerland among the very best.
      • greatest number of students completing Secondary II education.
      • Swiss universities enjoy a high reputation and attract far more foreign students
    • 12. The Swiss health care system
    • 13. The Swiss health care system
      • Statistics
      • Total population: 7,455,000
      • Gross national income per capita (PPP international $): 40,840
      • Life expectancy at birth m/f (years): 79/84
      • Healthy life expectancy at birth m/f (years, 2003): 71/75
      • Probability of dying under five (per 1 000 live births): 5
      • Probability of dying between 15 and 60 years m/f (per 1 000 population): 80/47
      • Total expenditure on health per capita (Intl $, 2006): 4,312
      • Total expenditure on health as % of GDP (2006): 11.3
      • Figures are for 2008. Source: World Health Statistics 2008
    • 14. The Swiss health care system
      • Comparative Statistics - Total Health Expenditures Per Capita
    • 15. The Swiss health care system
      • Finances
      • Switzerland’s health care system is largely financed through compulsory health insurance premiums
      • Compulsory health insurance can be purchased from a limited number of insurance companies, both public and private, which are registered with the Federal Office for Social Insurance.
      • These insurance companies are not allowed to make profits from their compulsory health insurance activities and the Federal Office to whom they must submit accounts monitors their activities.
      • The services not covered by compulsory health insurance can be funded by supplementary health insurance
    • 16. The Swiss health care system
      • Comparative Statistics - Total Health Expenditures Per Capita
    • 17. The Swiss health care system
      • Comparative Analysis - Switzerland V/s United States
      Switzerland Healthcare Policies United States Healthcare Policies By Law, Swiss are required to purchase basic health insurance Employers purchase health insurance for their employees In Switzerland, federal regulators determine what services a health insurance company must cover. Health care facilities are largely owned and operated by the private sector. Swiss have quality, universal coverage, while spending 40 per cent less than Americans, a savings of $1 trillion Nearly 50 million people in the US have no health insurance at all
    • 18. Swiss Policies in context of US
      • The US system of dual sovereignty (federalism) is foremost, which prevents central control in all areas not specifically delegated by the Constitution. The lack of central control allows real diversity and the potential for the free market to flourish
      • No federal health care system would work in the US because of its unique constitutional system and complex collection of partially-sovereign states. Notably, the federal government has no jurisdiction to force citizens to purchase insurance by threat of penalty
      • Moreover, the Swiss are a homogenous and distinct people whose health and health care system cannot reasonably be compared to the diversity we would find in America. Thus a ‘One size fits all’ wouldn’t cater to the diversity in the US.
    • 19. Swiss Policies in context of India
      • The income distribution in India is vastly divergent than what we have in Switzerland.
      • The Indian healthcare system is still ailing with poor infrastructure and obsolete healthcare facilities. To resurrect that, a tremendous investment need to be made into these sectors, this would rather burden the central government.
      • Recommendations:
      • Better approach would be to need to decentralize the Indian health system. Local bodies and Panchayat, rather than the central government, should have control over government hospitals and primary healthcare centres.
      • Public private partnerships is required to strengthen the Indian healthcare system
    • 20. CORPORATE GOVERNANCE IN SWITZERLAND
    • 21. Corporate Governance in Switzerland
      • Corporate governance encompasses the full range of principles directed towards shareholders’ interest seeking a good balance between direction and control and transparency at the top company level while maintaining decision-making capacity and efficiency.
    • 22. “ Swiss Code of Best Practice for Corporate Governance”
      • Intended for public limited companies
      • Purpose- to set out guidelines and recommendations
      • Each company should retain the possibility of putting its own ideas on structuring and organization into practice.
    • 23. Role of Corporate Governance
      • The Rights of Shareholders and Key Ownership Function
      • The Equitable Treatment of Shareholders
      • The Role of Stakeholders in Corporate Governance
      • Disclosure and Transparency
      • The Responsibilities of the Board
    • 24. The Rights of Shareholders and Key Ownership Function
      • Shareholders should have the final decision
      • the General Shareholders’ Meeting is used as a forum for communication and facilitate their participation
      • the meeting should enable shareholders to make relevant and concise comments on the agenda items
      • Arrangements should be made to ensure that shareholders’ rights to information and inspection are met
      • In the General Shareholders’ Meeting the will of the majority should be clearly and fairly expressed
    • 25. The Role of Stakeholders in Corporate Governance
      • Respect for legal rights
      • Redress for violation of rights
      • Performance-enhancing mechanisms for stakeholder participation
      • Access to relevant information
    • 26. Disclosure and Transparency
      • Disclosure of material information
      • Independent audit
      • Major share ownership
      • Disclosures relating to directors, key executives and their remuneration
    • 27. The Responsibilities of the Board
      • Responsible for the strategic direction of the company or the group.
      • Should lay down the powers and responsibilities of the persons in charge of managing the business
      • Should determine the procedures appropriate to perform its function.
      • Dealing with conflicts of interest and advance information
      • Should provide for Internal control system dealing with risk and compliance
      • Should form committees to perform defined tasks
    • 28. Committees of the Board of Directors
      • Audit Committee
        • should form an independent judgement of the quality of the external auditors, the internal control system and the annual financial statements.
      • Compensation Committee
        • should see to the defining of a remuneration policy, primarily at top company level.
    • 29. Switzerland - Taxation
    • 30. Switzerland Residence and Liability for Taxation
      • Switzerland Residence and Liability for Taxation
      • He has Swiss employment ;
      • He carries on a business in Switzerland; or
      • He lives in Switzerland for not less 180 days.
    • 31. Federal taxes Cantonal taxes Municipal taxes Individual income taxes Individual income and net wealth taxes Individual income and net wealth taxes Corporate income taxes Corporate income and net worth taxes Corporate income and net worth taxes   Real estate capital gains taxes Real estate capital gains taxes   Real estate taxes Real estate taxes   Real estate transfer taxes Real estate transfer taxes   Inheritance and gift taxes  Inheritance and gift taxes Withholding tax on passive income     Value added tax and Customs duties Motor vehicle taxes Trade taxes Stamp duties     Military and civil service exemption tax     Tobacco tax Beer tax Spirits tax     Overview of the Swiss taxation system Switzerland is a confederation of 26 cantons with about 3000 municipalities. Taxes are levied not only by the Federation but also at the cantonal and municipal level.
    • 32. Switzerland The 'Fiscal Deal'
      • The 'fiscal deal' or 'lump sum assessment' method
      • This method couples a residence permit with the tax deal, involves a negotiation with the canton in which residence is planned.
      • An applicant for the 'fiscal deal' must have
          • a certified net wealth of not less than SFr2m.
          • The individual concerned must not involve himself in any lucrative economic activity in Switzerland.
          • must be willing to spend at least 180 days a year in the country.
    • 33. FORMS OF TAX PRIVELIGED OPERATIONS
      • Holding Company
      • Domiciliary Company
      • Auxiliary Company
      • Service Company
    • 34. Swiss Insurance Sector
    • 35. General Overview
      • Switzerland has a long-established and well-developed insurance industry
      • Is one of the leading insurance centers in the world.
      • The sector is very important both within Switzerland and internationally.
    • 36. General Overview
      • Switzerland is an established insurance center, well served by large and sophisticated insurers.
      • As at August 31, 2006, there were 214 insurers―
      • 23 Swiss life insurers,
      • 4 foreign life insurers,
      • 78 Swiss non-life insurers,
      • 40 foreign non-life insurers,
      • 69 reinsurers.
      • highest per capita expenditures for insurance in the world—about SwF 7,000 (excluding social security contributions). IMF-2007
    • 37.  
    • 38. General Overview
      • The Swiss insurance sector is regulated mainly at the federal level
      • The Swiss insurance industry is also perceived as one of the safest in the world, and has an enviable history: not once has any Swiss insurance company ever failed.
      • The country regularly achieves top rankings in fundamentals such as an efficient legal system, long-term stability, protection of free competition and property ownership.
      • Moreover, government institutions work efficiently and are dedicated to minimizing red tape. This is certainly also true for insurance regulation, which works both very effectively and competently.
    • 39. Swiss Insurance Market
      • More than 70 percent of the global premiums sourced from abroad.
      • Swiss Re became the largest reinsurer in the world, with an estimated 25 percent of global life and 14 percent of global non-life reinsurance premiums
      • Total assets held by direct insurers amounted to SwF 450.3 billion as at end Of 2005
    • 40. Why one should Invest In Switzerland?
      • Swiss annuities and life insurance are unique. Not only are they a very safe form of investment, they also offer extremely strong asset protection ,
      • Depending on the individual situation of the investor, investments in Swiss annuities and life insurance may also offer tax advantages .
    • 41. SAFEST and Most Stable
      • Swiss life insurance companies are required to maintain a security fund which covers all their obligations plus an additional safety margin.
      • If a Swiss insurer were ever to go bankrupt investments of policyholders are still safe .
      • Only 1.1 percent job cuts during global crisis(15.4 percent in banking sector)
    • 42. Asset Protection
      • For American Citizens
      • For wealthy citizens from other Countries.
      • Those with Acute need to legally protect their assets from lawsuits and unjustified claims or asset seizure
    • 43. REGULATION
      • FOPI
      • SIA
      • SICA
      • FOPH
      • Swiss Actuarial Association
      • Swiss Insurance Brokers Association
    • 44. REGULATION
      • Switzerland's new 'super regulator,' the Financial Market Supervisory Authority (FINMA) commenced operations on January 1, 2009.
      • The effect of the Act is to merge three bodies – the Federal Office of Private Insurance (FOPI), the Swiss Federal Banking Commission (SFBC) and the Anti-Money Laundering Control Authority – into a single supervisory authority.
      • ISSUES
      • Money laundering and Funding to Terrorist Organizations
    • 45. Conclusion
      • Attractive market for investors…
      • Not so Attractive if you are an insurance company ,should rather go to a country like Kazakhstan (90% untapped market)
    • 46.  
    • 47. The Swiss Stock Exchange(SWX), based in Zurich is the first stock exchange in the world to incorporate a fully automated trading, clearing and settlement system in 1995
    • 48.
      • The Swiss Stock Exchange(SWX) is controlled by an association of banks which number 55. Each of these banks have equal voting rights in the matter of decision making concerning the management and regulation of the Swiss Stock Exchange.
    • 49.
      • The Swiss Stock Exchange(SWX) is the joint owners of the Eurex, the world's largest futures and derivatives exchange along with their German partners Deutsche Börse
    • 50.
      • The Swiss Stock Exchange(SWX) has a blue-chip index as its stock market index. It is called the Swiss Market Index (SMI) and comprises of a maximum of thirty largest and at the same time most liquid, large and mid-cap SPI stocks.
    • 51.
      • The Federal Act on Stock Exchanges and Securities Trading (SESTA) entered into force in 1997/98. With the introduction of SESTA, the Commission for Regulatory Issues of the SWX became the Swiss Takeover Board. The task of supervising the stock exchanges was assigned to the Swiss Federal Banking Commission. The new law also confirmed, and in certain respects expanded, the self-regulatory powers granted to the SWX under the earlier cantonal rules.
    • 52. PERFORMANCE
    • 53. COMPARISON
    • 54.
      • Current Market Capitalization is 863931.8(MCHF) as on 30/06/2009
      • A change Of 11.2 % in Q1,2009.
      • A net gain of 89,720(MCHF) in three months.
    • 55.  
    • 56.
      • Current P/E ratio is 16.17
      • Stock market capitalization/GDP- 255%
      • Second only to Hong Kong,
      • Compared to India which is 72%
    • 57.
      • PEG ratio for Switzerland in 2008 was 8.15
      • BRIC countries still attractive if we compare PEG ratio
      • US least Attractive with a PE ratio of 11.
    • 58.
      • Conclusion
      • A reasonably attractive market
      • From an investor’s point of view BRIC companies still better options.
      • Better than US market.
      • From a company’s point of view …a very good option because ..norms are not tough…and large IPO’s could be easily subscribed.
    • 59. CURRENCY REGULATION
    • 60. SCENARIO AFTER MELTDOWN
      • Hardly any effect in 2007
      • First half 2008 - Slow down in economic activity but
      • uncertainty in financial market
      • No effect on exports , investment,labour market
      • Second half 2008
      • Exports sharply effected, investment moderated
      • unemployment increased by 0.3%,GDP growth came to
      • 1.6% from 3.3% in 2007
      • Year 2009
      • Gaining momentum
    • 61. REGULATORY BODY
      • Swiss National Bank Federal department of finance, Financial
      • Stability Board, FINMA regulates the currency with Financial
      • stability board
      • Statistics
      • Currency of Switzerland: Swiss franc(CHF).
      • Interest rate: 0.29%
      • Exchange rate: 1.04 CHF per USD
      • Capital account: -0.9 CHF bn
      • Forex reserves: 82044 CHF mio
      • Gold holdings: 29190.2 mn CHF
      • Current account balance: 13.2CHF bn
      • 3- month libor rate for CHF: 0.29
    • 62. REGULATION
      • By Control of open market operations
      • By maintaining liquidity for banks
      • Liquidity-shortage financing facility
      • Repo transactions as principal monetary policy
      • Foreign exchange swaps
      • Liquidity supply 
      • Main features of the Regulation-minimum reserves
      • SOURCES: websites of Swiss national bank, FINMA, Swiss federal statiscal office, CIA world fact book etc.
    • 63. INTELLECTUAL PROPERTY RIGHTS IN SWITZERLAND
    • 64. Reasons for assigning IPR in Switzerland
      • To maintain peace and order.
      • To assign decision rights .
      • To reward investment .
      • To favour the diffusion of information.
    • 65. IPR Laws in Switzerland
      • Copyrights : Regulates rights to protect works i.e. literature, music, pictures etc which have an unique character.
      • Patents and Designs : Protective rights granted by federal government for technical intervention which includes products and processes.
      • Trademarks : Protective signs which are used to distinguish the products or services of one businesses from others.
    • 66. Counterfeiting and Piracy
    • 67. Source of the Counterfeit goods by Country Intervention by Groups of Goods
    • 68. Amendments of Copyrights Act effective July 2008
      • On-demand right now for performers, producers and broadcasters as well.
      • Improved protection for performing artists.
      • Technical measures and rights information newly protected
      • Technological measures will be monitored
      • Private use of works.
      • New copyright exceptions and limitations
    • 69. COMPETITION LAWS IN SWITZERLAND
    • 70. Competition Act in Switzerland
      • Based on art. 12 of the Swiss Cartel Act, civil actions can be restraint of competition from entering or competing in a market may request:
      • removal or cessation of the restraint;
      • damages and reparations;
      • remittance of the illicitly earned profits.
    • 71. Legal requirements for bringing an action for damages
      • A person impeded by an unlawful restraint of competition
      • from entering or competing in a market may request:
      • Unlawful horizontal or vertical agreements which significantly affect competition in the market for certain goods or services and are not justified on grounds of economic efficiency or lead to the suppression of effective competition, (art. 5 Swiss Cartel Act) or
      • Abuse of a dominant position (art. 7 Swiss Cartel Act)
    • 72. Cases of breach in past few years
    • 73.  
    • 74. Technology in Switzerland
      • Science and Technology in Switzerland play an important role in economy as very few natural resources are available in the country
      • Swiss National Science Foundation, mandated by the Federal government, is the most important institute promoting scientific research.
    • 75. Research fields in Switzerland
      • Biotechnology
      • Nanotechnology
      • Micro technology
      • Computer science
      • Climate research
      • Renewable energies
    • 76. In Switzerland, 45% of the active population is occupied in the S&T area Human resources in Science and Technology
    • 77. Research and Development Personnel In Switzerland, for every 1000 employees, 12 work in R&D and 6 as researchers. International comparison of R&D personnel and researchers (Per thousand jobs)
    • 78. Research and development expenditure
      • Switzerland is extremely active in all R&D sectors and compares well with most European Union (EU) and OCDE countries.
      • Switzerland is among countries which proportionally spend the most for R&D (2.9% of GDP).
    • 79. With 107 patents per million inhabitants, Switzerland is, after Japan, the most active OCDE country in this area. Patent Families
    • 80. Technology Balance of Payments
    • 81. Distribution of R&D-intensive industry coverage according to economic sector and country, international comparison
    • 82. Administrative Barriers in Doing Business
      • Administrative barriers arise in particular from the information requirements imposed upon market parties by the enforcement of regulations. When such requirements are particularly burdensome or obstructive or otherwise hamper operators or shippers in business activities they are called administrative
      • Switzerland is traditionally considered a safe haven for foreign investors, because it has maintained political neutrality, an elaborate banking system with a high degree of bank secrecy, and it has maintained its currency's value through the instabilities of surrounding Europe's wars and crises
    • 83. Administrative Barriers in Doing Business Economy Rankings - Ease of Doing Business : Rank#21 out of 183 economies Switzerland - Compared to global good practice economy as well as selected economies
    • 84. Administrative Barriers in Doing Business Summary of Indicators
    • 85. Administrative Barriers in Doing Business Economic Indicators Switzerland Germany United Kingdom Ease of Doing Business 21 25 5 Starting a Business 71 84 16 Construction permits 35 18 16 Registering Property 15 57 23 Employing Workers 16 158 35 Getting Credit 15 15 2 Protecting Investors 165 93 10 Paying Taxes 21 71 16 Trading across borders 39 14 16 Enforcing Contracts 29 7 23 Closing a Business 38 35 9
    • 86. Administrative Barriers in Doing Business
      • Company Financing Tax Barriers
      • The Swiss federal government, the Federal Council, recently announced a range of corporate tax reforms designed to increase Switzerland's attractiveness and prospects for growth as a business location.
      • The main elements of the reforms include –
      • Abolition of issue tax on equity and debt capital and the elimination of tax barriers to company financing
      • At the cantonal level, it should be made possible for the cantons to waive capital tax
      • Abolition of the status of domiciliary companies
      • Implications
      • The range of reforms contemplated would enhance capital formation and entrepreneurial activity, have a positive impact on growth and strengthen Switzerland's position in international tax competition in the face of similar measures taken by other countries
    • 87. Administrative Barriers in Doing Business
      • Financial Sectors
      • GDP is forecast to contract by 3.6% in 2009, with a further contraction of 0.6% in 2010. Unemployment is set to rise, and investment spending and net exports will be particularly weak. Industrial production will decline heavily
      • Technical standards
      • The Swiss Standards Association (SNV) publicize industrial standards, compliance with which may be specified by Swiss customers. Increasingly suppliers are required to deliver in accordance with ISO 9000 service development series.
      • Tariff preferences to LDCs
      • Switzerland uses its scheme of tariff preferences to grant ample market access for industrial and agricultural products from LDC countries
      • Taxation
      • Corporate tax-rate at in Switzerland are very low. It is through this that it attracts many investors rather than investor friendly incentives.
      • Besides, The Agreement for the Avoidance of Double Taxation between the Swiss Confederation and the Republic of India with respect to income taxes, which came into force on 29th December 1994 form one of India’s key features of its Bilateral agreements with Switzerland.Thus,many Indian investors can avail this opportunity for venturing into business in Switzerland.
    • 88. Administrative Barriers in Doing Business
      • Barriers for the disabled-
      • People with disabilities in Switzerland are better represented in the workforce than in other countries but still face more obstacles than the general population
      • On an international level, the country has not signed up to the UN Convention on the Rights of Disabled Persons. The Swiss government has said that adhering to the convention is "desirable", but that it wants to find out how it fits in with the legal system first
      • Mobility issues such as Public Transport form a major hurdle for the disabled.
    • 89. Administrative Barriers in Doing Business
      • Websites/References
      • http://www.switzerland.com
      • www.snb.ch
      • www. finma .ch/e
      • www.bloomberg.com
      • www.cia.gov
      • World Health Statistics 2008
      • EIU- Economic intelligence unit publication
      • World Bank- world development report
      • IMF- Report on foreign exchange restrictions
      • Doing Business 2010: A co-publication of The World Bank and the International Finance Corporation.
    • 90.
      • THANK YOU

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