Closing a business in Switzerland

Despite Switzerland having one of the best business environments in the world, some businesses still find themselves having to shut down their Swiss operations for various reasons. Such circumstances are usually a result of mismanagement of the company, bankruptcy, disputes or loss of interest by the investors among many other reasons. The Swiss government has put in place several laws and regulations that apply to companies undergoing insolvency and closure. These rules address issues such as the responsibilities of directors and mechanisms to utilise when declaring bankruptcy.

Investment climate in Switzerland

The Swiss economy is, according to the ratings made by international specialized institutions, among the most competitive, innovative and liberal. The main features that give Switzerland a privileged business environment, tailored to high- quality products and services are the excellent level of security offered by business law, long-term stability of the investment framework, full guarantee of property rights, fair competition, and banking secrecy.

The benefits of starting a business in Switzerland in 2020

Switzerland remains a top investment destination. The benefits of establishing opening a Swiss business are clear—from a vibrant economy, a stable business environment to a strategic position within the European market, and more, everything just seems right in Switzerland. If you are considering setting up your business in Switzerland, you will need to familiarize yourself with the laws and regulations imposed by the Swiss authorities.