Friday, June 4, 2010
Political, Legal, and Regulatory Environment
Switzerland’s stable government and economy creates the perfect business atmosphere. Their hands-off approach to foreign investors is very appealing to global companies. Switzerland position is very strong for property rights protection and strong legal trade. Switzerland’s taxes are rather low. Tax break incentives are in place in the country to attract foreign businesses to the country. Switzerland’s widespread arrangements of treaties are in position to avoid double taxation. Switzerland has the reputation for making quality products and services. So companies that have chosen to use Switzerland as their headquarters for global operations can do so with the Switzerland reputation behind them. Switzerland regulations are not prejudice against foreign businesses. Imports and exports must be labeled in three of Switzerland’s official language: French, German, and Italian. Pharmaceutical products need to be approved by the government before exported or imported. The only strict regulations relate to agricultural biotechnology products.
Subscribe to:
Posts (Atom)