ABOUT SWITZERLAND

Amongst all the countries in Europe, Switzerland is a landlocked country known for its mountainous terrain, stunning landscapes, and strong economy. It is a federal republic comprising 26 cantons, renowned for its neutrality and high quality of life. The capital of Switzerland is Bern, while Zürich and Geneva are its largest cities and major economic centers. According to the report of the World Bank, Switzerland has been classified as a High-Income Economy, consistently ranking among the wealthiest nations globally. The currency of Switzerland is the Swiss Franc (CHF) and the value of Indian currency is significantly lower than that of the Swiss Franc (approximately 1 CHF = 93 INR at the time of writing this article). The population of Switzerland is approximately 89.8 lakhs as of 2025. The neighboring countries of Switzerland are France, Germany, Italy, Austria, and Liechtenstein. Switzerland has four national languages: German, French, Italian, and Romansh, with a high proficiency in English also common, especially in business. The majority of the Swiss population identifies as Christian (Roman Catholic and Protestant), though a significant portion is non-religious, and other faiths are also practiced. Switzerland has several major international airports, including Zurich Airport, Geneva Airport, and Basel Airport, offering excellent air connectivity to various parts of the world. While landlocked, Switzerland has crucial Rhine River ports in the Basel region (Port of Switzerland – Basel, Birsfelden, Muttenz) that serve as vital hubs for inland shipping and facilitate a significant portion of its international trade, connecting to major European seaports.

The corporate income tax rate in Switzerland is complex due to its federal structure, with rates varying significantly by canton and municipality. The federal corporate tax rate is 8.5%, but including cantonal and municipal taxes, the effective corporate tax rates typically range between 12% and 21% (as of 2025). Opesh Group of companies will be helping you in completing the Due Diligence process which includes financial planning, registration process, business options, and if required, even helping you find a Rental property for your office.

Establishing a business in Switzerland has to be done with utmost care, keeping in mind the laws of the country. The Swiss Code of Obligations and other relevant legislation provide clear guidelines for foreign investors to register a company in Switzerland. A foreign investor who is planning to start a business in Switzerland can form various types of companies, such as an AG/SA (Aktiengesellschaft/Société Anonyme – Joint Stock Company), GmbH/Sàrl (Gesellschaft mit beschränkter Haftung/Société à responsabilité limitée – Limited Liability Company), Simple Partnership, or Branch Office. A Limited Liability Company (GmbH/Sàrl) formed and registered in Switzerland generally allows foreign investors to own 100% of the company, though at least one director must be a Swiss resident.

In case an investor is planning to establish a GmbH/Sàrl in Switzerland or a Joint Stock Company business setup, Opesh Group will be helping you in taking the right decision for setting up your business in Switzerland and we will also guide you about how to follow the procedure while formulating your company in Switzerland.

Types of Business which can be started in Switzerland-

Financial Services – Switzerland is a global leader in banking, wealth management, insurance, and asset management. Opportunities abound in traditional finance, fintech, blockchain, and sustainable finance, leveraging its robust regulatory framework and reputation for stability. Life Sciences and Pharmaceuticals – Switzerland is home to some of the world’s largest pharmaceutical and biotech companies, with a strong ecosystem for R&D, manufacturing, and distribution. Opportunities exist in drug discovery, medical devices, diagnostics, and personalized medicine. Precision Manufacturing and Engineering – Renowned for its high-quality engineering, Switzerland offers opportunities in specialized machinery, precision instruments, watchmaking, and advanced manufacturing technologies (e.g., robotics, automation). Information and Communication Technology (ICT) – Switzerland has a highly innovative and competitive ICT sector, particularly in software development, cybersecurity, AI, data centers, and IT consulting. Opportunities exist for tech startups and R&D collaborations. Research and Development (R&D) – With world-class universities and research institutions, Switzerland is a hub for R&D across various sectors. Opportunities include establishing research centers, collaborating on innovative projects, and commercializing new technologies. Luxury Goods – Switzerland is synonymous with high-end luxury goods, especially watches, jewelry, and fashion. Opportunities exist in design, manufacturing, retail, and e-commerce of luxury products. Tourism and Hospitality – With its stunning natural beauty, ski resorts, and cultural attractions, Switzerland is a prime tourist destination. Opportunities include developing luxury hotels, wellness resorts, adventure tourism, and specialized travel services. Commodities Trading – Switzerland is one of the world’s most important commodities trading hubs, particularly for oil, metals, and agricultural products. Opportunities exist in trading, logistics, and related financial services.

Advantages of Starting Business in Switzerland-

Switzerland offers exceptional political and economic stability, a transparent legal system, and a strong commitment to free-market principles, providing a highly secure environment for investments. It boasts one of the highest GDP per capita globally, indicating a strong purchasing power and a wealthy domestic market. Switzerland has a highly skilled, educated, and multilingual workforce, particularly in high-value sectors, and is renowned for its excellent education and vocational training systems. The country provides a highly competitive and attractive tax regime, with cantonal autonomy allowing for favorable tax rates and incentives. Switzerland possesses world-class infrastructure, including efficient transportation networks, advanced digital connectivity, and reliable energy supply. It is a global leader in innovation and R&D, fostering a dynamic ecosystem for technological advancements and new business ventures. The Swiss Franc is one of the strongest and most stable currencies globally, providing financial security for businesses. Switzerland’s non-EU status, combined with numerous bilateral agreements and free trade agreements, provides comprehensive access to European and global markets.

Business Opportunities for Indians in Switzerland-

There are excellent and sophisticated business opportunities in Switzerland for Indian investors looking to establish a presence in a high-value, innovation-driven European market. Switzerland actively seeks foreign investment, particularly in advanced technology and specialized sectors. Indian investors can explore significant business opportunities in areas such as IT services, pharmaceuticals, precision manufacturing, financial services, and renewable energy. These sectors offer substantial potential for collaboration, R&D, and market expansion.

Imports & Exports-

The imports and exports business is a crucial component of Switzerland’s highly specialized and globally integrated economy. Thorough research and development are vital to identify suitable products for import or export and to assess market revenue potential.

Major items which are exported from Switzerland to India-

Pearls, precious stones, metals (especially gold) Machinery and mechanical appliances Pharmaceutical products Organic chemicals Watches and clocks Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus

Major items which are imported in Switzerland from India-

Textile and apparel products Organic chemicals Pharmaceutical products Gems and jewelry (cut and polished diamonds) Agricultural products (e.g., coffee, tea, spices) Iron and steel products Machinery and mechanical appliances

Manufacturing-

Indian companies can look into establishing advanced manufacturing units in Switzerland, particularly in precision engineering, medical devices, and high-tech components, leveraging Switzerland’s expertise and reputation for quality.

Information Technology (IT) and Digital Services-

Given Switzerland’s leading position in innovation and digital transformation, Indian IT and software companies can find significant opportunities for R&D centers, cybersecurity solutions, AI development, and providing IT outsourcing services to Swiss financial and pharmaceutical sectors.

Pharmaceuticals and Life Sciences-

With Switzerland as a major pharmaceutical hub, Indian pharmaceutical companies can explore opportunities in R&D collaboration, drug manufacturing, or market entry for generics and biosimilars, leveraging existing scientific ecosystems.

Financial Services and Fintech-

Indian financial institutions and fintech companies can explore partnerships or direct investment opportunities in Switzerland’s robust financial sector, particularly in wealth management, sustainable finance, and blockchain solutions.

Major Indian companies which are currently working in Switzerland-

Tata Consultancy Services (TCS) (IT Services) Wipro (IT Services) Infosys (IT Services) Tech Mahindra (IT Services) L&T Technology Services (Engineering and R&D services) Various Indian pharmaceutical companies have a presence through distribution or strategic alliances in Switzerland.

GDP = $947.13 billion (2025 est.) GDP Growth = 1.8% (2024 est.) Ease of doing business rank = Not applicable (World Bank EoDB index discontinued; consistently ranks very high in global competitiveness and innovation indices) GDP per Capita = $104,896 (2025 est.)

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