tax rates in switzerland

 
A new corporate law, Capital Increase and Capital Reduction in Switzerland is set to come into force on 1 January 2023. 
 
But what does it mean for your Swiss business and how can you take advantage of the opportunities it offers?
 
The new legislation is designed to improve the functioning of companies, particularly with regard to capital increase and capital reduction. The main objective is to simplify the process of corporate restructuring and to help companies engage in efficient capital management. 
 

Switzerland is the preferred destination by most   businesses wishing to expand their operations. With its low tax rates, modern infrastructure, and stable economy, companies running in the country are among the most successful in the world.  In fact, it’s ranked as the world’s best country for doing business by Bloomberg Rankings.

The new year, 2020 has brought with it a raft of new laws and changes in Switzerland.

Dear Clients,
With these few lines, we request your precious time to remind you of the main legislative
changes that await us from January 2020.

The calculation of the tax rates in Switzerland is based on the net income of the taxpayer. Like in most other European countries, there are several tax deductions that can be made when a tax declaration is filed in Switzerland. These will reduce the taxable income and consequently the value of tax that needs to be paid diminishes significantly.