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.
On the 19th of May 2019, Swiss voters voted in favour of the Federal Act on Tax Reform and AHV Financing (TRAF)—confirming the corporate taxation reform. The main purpose of the reform is to bring tax legislation in line with international standards and to remove Switzerland from the EU “Grey List”, which it has been in since December 2017. This list includes states that are under EU control and have agreed to cooperate to improve the tax system.
The Swiss voters approved in a referendum, on May 2019, a tax reform package to eliminate what the Ministry of Finance has called an existential risk for the country role as a financial and business center.
Basic details about the obligation of Swiss companies to maintain bookkeeping records and under which conditions, as established by the Swiss legislation in order.
Some of the most important administrative tasks that are required to successfully run a business in Switzerland, especially regarding the taxation of Swiss companies and corporate tax rates.
Learn more about accounting standards, reporting and the accounting system in Switzerland. Types of financial reports required by the Swiss Code of Obligations, applicable accounting standards and audit requirements for Swiss business structures.
