Switzerland – strong allure as a business hub thanks to innovative power and competitiveness
Switzerland is indeed an attractive business location. Apart from the high standard of
living, other convincing factors are the country's tremendous innovative power and
competitiveness, the ease with which public authorities can be accessed, a wealth of
internationally experienced and highly qualified workers, and the country's situation
in the geographical heart of Europe.
Leading the way in competitiveness
One of the reasons for Switzerland's outstanding competitiveness is the innovative strength of the
domestic and foreign companies domiciled here, which invest heavily in Research & Development to
supply leading-edge technology for world markets. This success also stems from a series of economically
beneficial factors and attractive operating conditions that help to persuade a large number of
international firms to relocate to Switzerland.
Source: WEF, The Global Competitiveness Report 2018
A closely integrated economy and a highly qualified workforce
The Swiss economy has traditionally maintained strong links to global markets. Hardly any country has a
comparable concentration of internationally experienced managers. Switzerland's lead in innovation can also
be attributed to its highly qualified and multilingual workforce. Liberal employment laws give companies a
great deal of freedom of action. Added to quality of life, political stability and high levels of legal and
social security are favorable tax conditions for companies and individuals alike. Switzerland also leads
the world in terms of its infrastructure.