Cost of living in Switzerland

The cost of living in Switzerland is among the highest in the world, with the main cities Zurich and Geneva being named in the top 15 most expensive cities in the world in a 2019 study. On the other hand, Swiss salaries and the living standards are also among the highest in the world, which is the main reason why you should consider Switzerland a perfect location for work and living a quality life.

 

Tax advantages for mixed companies in Switzerland

Mixed companies are corporations that have most of their business activity abroad and any business activity conducted in Switzerland is considered only of secondary nature. Both Swiss and foreign shareholders may have a dominant influence on a mixed company, which means that foreign citizens are allowed to open mixed companies in Switzerland.

 

Double Taxation Convention between Switzerland and UAE

The Swiss federal Council and the Government of the United Arab Emirates decided to conclude a Convention in regard to the avoidance of double taxation with respect to taxes on income. The UAE is one of Switzerland’s most important economic partners in the Middle East, therefore a double taxation convention is meant to enhance bilateral economic relations between the two countries.