Running a Swiss Business: Understanding the Key Changes In 2024

Businesses operating or aspiring to operate in Switzerland must stay updated about its evolving culture, regulations, and economy. Understanding these changes allows you to adapt your business strategy proactively and succeed in the Swiss market. Read to learn some of the recent shifts in taxation, immigration policies, industry regulations, and consumer behavior

 

New blockchain era for Switzerland. What you need to know?

Last year, Switzerland introduced a new law, the "blockchain law". The implementation of this law will follow two stages: the first which already occured on the 1st of February, and the other to eventuate in August. Invoked on the 1st of February were reforms on company law. In the second phase in August, the State will put into effect upgrades of the financial market infrastructure. These will allow Switzerland to have a properly managed cryptocurrency industry where all actors are fully informed of the opportunities & risks associated. 
 

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.