Benvenuto! Canton of Schwyz. The region Y
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1 Benvenuto! Canton of Schwyz The region Y June 2017 Mathias Ulrich, Project Manager Business Development
2 Switzerland - Italy 2
3 Motivation for Internationalisation Market Opportunities Profit Seeking / Sales Expansion Uniqueness and Exclusivity Economy of scale Risk Diversifikation The company is responding to demand it discovers abroad Competitive strike offense as defense Governmental Reasons Economic & Political Changes 3
4 Contents Switzerland in brief Canton of Schwyz its advantages Canton of Schwyz looking ahead 4
5 WHY SWITZERLAND? 5
6 41,285 km 2 area of Switzerland Bern is the capital 8.3 million inhabitants 500 million consumers Can be reached in one day 4 national languages German, French, Italian, Rhaeto-Romanic 6
7 7
8 Success Factors Location Taxation Leisure FTAs + Customs How to set up a company Network, Cluster Talent Swiss Innovation Parks 8
9 Contents Switzerland in brief Canton of Schwyz its advantages Canton of Schwyz a look ahead 9
10 KANTON SCHWYZ 10
11 Canton of Schwyz within easy reach In the heart of Switzerland Part of the Greater Zurich Area Excellent transport links - Road: on the north-south and east-west axes - Rail: on the north-south axis - Air: 45 minutes from Zurich International Airport 11
12 Canton Schwyz world famous 12
13 Canton Schwyz - world famous Cloister Einsiedeln Roger Federer 13
14 Canton of Schwyz a commercial hub 14
15 Financial services providers 150 companies Direct: 2500 employees Indirect: 5500 employees CHF 900 million (EUR 833 million)* in added value Man Investments AG LGT Capital Partners AG Picard Angst Asset Management AG aeris Capital AG Cevian Capital AG and many more * Currency rate: CHF 1.08 = EUR
16 Headquarters More than 50 headquarters Around 1000 employees Many also featuring R&D, IT Kühne & Nagel AG OC Oerlikon Management AG Proman AG Victorinox AG Briggs & Stratton AG Tyco Integrated Fire & Security AG and many more 16
17 Life sciences Chemical, pharmaceutical and medical Around 30 companies Around 1000 employees Many featuring headquarters, R&D Dow Europe GmbH Estée Lauder AG Gerresheimer Küssnacht AG Octapharma AG Takeda Pharma AG and many more 17
18 Health Tech Cluster Switzerland (HTCS) An innovative project with international impact 18
19 HTCS founded in May members Selection of members - Takeda Pharma AG, Pfäffikon - Neuroth Hörcenter AG, Steinhausen - Omida AG, Küssnacht am Rigi - Opterion Health AG, Cham - Trisa AG, Triengen Selection of strategic partners - Biosaxony, DE-Leipzig - Clinic for Thorax, Heart and Vascular Surgery, DE-Tübingen - Human.technology Styria GmbH, AT-Graz - University Hospital Zurich, Center for Clinical Research, Zurich - RCPE - Research Center Pharmaceutical Engineering, AT-Graz 19
20 Unconventional Business Hub in Brunnen Relocation consultancy Full gear ICT Services and HW/SW Housekeeping and maintenance Networking and Co-working areas Full furnished offices Access to all shared services and areas Competitive energy prices Opening Fall
21 Canton Schwyz naturally beautiful Lake of Lauerz 21
22 Strong population growth Canton of Schwyz Switzerland Resident population 2014: Resident population 2014: ' ' ' '000 80'000 60'000 40'000 97' ' ' ' ' ' Increase : + 56 % Increase : + 29 % Source:, Federal Statistical Office 22
23 Excellence in education and training High level of education in Switzerland Twin-track education system Academic education / vocational training International schools Universities and universities of applied sciences Zurich, Rapperswil, Lucerne Extensive portfolio of education, training and continuing professional development 23
24 Large numbers of qualified personnel Working population 72,000 (Source: BAK Basel, 2013) Commuters 34,000 (includes to Zurich) Unemployment rate Canton Schwyz 1.8% Switzerland 3.3% (december rate 2016) Working population Zurich economic area
25 45% Corporate taxation international comparison Effective average tax burden in % at principal domicile (+ Wollerau) 40% 35% 30% 25% 20% 15% 10% 9.5% 9.9% 10.1% 10.3% 10.3% 10.9% 11.7% 11.9% 12.0% 13.0% 13.0% 13.2% 13.6% 13.8% 14.4% 15.1% 15.6% 16.2% 16.7% 17.0% 17.2% 17.5% 17.5% 17.7% 17.9% 17.9% 18.1% 18.3% 18.6% 18.8% 18.9% 18.9% 19.6% 20.8% 21.1% 21.4% 21.9% 22.4% 23.1% 23.3% 24.8% 24.8% 27.0% 29.3% 30.0% 34.9% 5% 0% Wollerau Hong Kong Nidwalden Luzern Appenzel Obwalden Schwyz Uri Zug Graubün Thurgau Glarus Schaffha Dublin St. Gallen Ljubljana Singapore Praha Ticino Warsawa Bern Aargau Zürich Fribourg Solothurn Helsinki Basel- Vaud Valais Bratislava Budapest Stockholm Basel-Stadt København London Genève Amsterdam Wien Milano Beijing Oslo Luxembo Brussels Münschen Madrid Paris Quelle: BAK Taxation Index
26 Tax 70.0% burden on highly qualified personnel international comparison 60.0% Basis: single employees, disposable income of CHF at principle corporate domicile 50.0% 40.0% 30.0% 20.0% 10.9% 16.8% 21.3% 23.6% 24.9% 25.9% 26.0% 26.0% 26.4% 27.4% 28.8% 29.0% 29.8% 30.0% 30.5% 30.5% 31.6% 31.8% 32.0% 32.4% 32.6% 33.4% 33.5% 34.2% 34.7% 35.3% 36.1% 37.2% 37.5% 38.3% 39.3% 40.2% 41.0% 41.0% 41.1% 42.2% 44.4% 46.8% 47.4% 47.9% 48.0% 48.6% 49.2% 53.3% 54.3% 56.0% 57.7% 10.0% 0.0% Singapore Hong Kong Wollerau Zug Obwalden Schwyz Uri Česká Republika Nidwalden Luzern Aargau Glarus Zürich Thurgau Appenzell A.Rh. Graubünden Schaffhausen Solothurn Polska Slovenská Republika Basel-Stadt St. Gallen Valais Ticino Fribourg Bern Basel-Landschaft Genève Vaud Magyarország New York Luxembourg Deutschland Österreich Norge Beijing España Nederland France Slovenija Danmark United Kingdom Ireland Suomi Italia Sverige Belgique Quelle: BAK Taxation Index
27 Companies choose Canton of Schwyz Total number of companies registered 18'000 16'000 14'000 12'000 10'000 8'000 6'000 4'000 2' '965 14'757 15'325 16'534 17'078 14'015 13'240 12'570 11'842 10'606 11' Source: Trade Register, Canton of Schwyz 27
28 Contents Switzerland in brief Canton of Schwyz its advantages Canton of Schwyz looking ahead 28
29 Objectives for the next 15 years Canton of Schwyz remains an attractive residential and employment location. 29
30 Objectives for the next 15 years Canton of Schwyz permits structural reorganisation in the traditional sectors. 30
31 Objectives for the next 15 years Canton of Schwyz positions itself amongst the three cantons in Switzerland with the most favourable tax regimes. 31
32 Focus on industry Life Science ICT Health Tech Commerce Finance and purpose Headquarters Research and Development (R&D) 32
33 5 reasons to grow in Canton Schwyz Most innovative environment in the world: High acceptance for new products High density of companies on small area: more new clients and partners easy to reach in shorter time Low taxes and comparably higher margins: your cost structure can also be optimized Further international expansion to new markets from the swiss base: highly recommendable Public institutions see themselves as service points for entrepreneurs: highly efficient start for you! 33
34 Internationalisation starts now 34
35 Free Personal Consultation All-embracing services - Single point of contact for settlement enquiries - Extensive support for corporate domicile search, taxation, foreign national permits Company start-ups without the red tape Fast-track incorporations (AG and GmbH) Innovation coaching Corporate consultancy, aces Knowledge and technology transfer Access to universities, research and science, Horizon 2020, Enterprise Europe Network (EEN) New regional policy Development programmes for sectors 35
36 Grazie! I am looking forward to getting in touch with you. Mathias Ulrich Project Manager Business Development mathias.ulrich@sz.ch
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