Switzerland (so as Zurich) is recognized as one of the most innovative countries on earth by the International Innovation Index, which yearly ranks the best global economies in terms of innovation potential and results. The country has always been the residence for robust businesses ranging from banks to pharmaceuticals to food industries.
Zurich : one of the most vibrant Cities of Switzerland
While Zurich, specifically, has been the home of ETH-Swiss Federal Institute of Technology since 1855; the university, winner of twenty-one Nobel Prizes, is deemed to be the fifth best one in the world for engineering and technology.
Zurich, Switzerland’s biggest city appears destined to become progressively more of an international hub for tech startups: the blend of opportunities, networks, and funding is what lures many entrepreneurs to run their businesses there, thanks to the extraordinary environment of collaboration that the city managed to create.
If you are planning to run your business in Europe, here are the main reasons to do it in Zurich:
The high quality of life in Zurich
Zurich is one of the best cities in the world concerning livability. The city is constantly ranked highly on quality of life due to its strong economy, very good level of health, and distinguished safety. While walking the streets of Zurich it is very likely to see beautiful and luxurious shops, classy restaurants, elegant buildings, and extraordinary art galleries, all surrounded by magnificent mountains. Public transport is known for being punctual, the streets are clean and the community is driven by smart sustainable strategies. Every one of these factors contributes toward a healthy and effective backdrop to run a business, and they positively influence your company’s performance.
The variety of cultures and languages
Switzerland is a multilingual country: its citizens speak Italian, French, German, and Romansh. In Zurich the official language is German, but it’s common to hear one of the other languages being spoken, specifically English, which has become more regular for business reasons. Zurich is situated in north-central Switzerland, right at the heart of Europe which is a strategic and convenient location that makes the city extremely accessible. From the city, it’s possible to reach Italy, France, and Germany in just a few hours by train, and the airport is deemed one of the best in Europe and it’s very easy to fly to more distant destinations.
Granted these factors, Zurich is considered a culturally and ethnically assorted city. The blend of cultures and languages is a great enrichment for the city and is a huge resource for a company too. Numerous points of view can bring your business stunning ideas and innovations.
The well-known Swiss precision and efficiency
The Swiss are very precise and well organized. The country is known for its advanced and efficient bureaucratic system and public services, which are mainly digitalized and handily accessible. The Swiss prominence for punctuality, efficiency, and trustworthiness is globally acknowledged, and these are strong values that local politicians, citizens, and entrepreneurs uphold daily and are highly acknowledged and respected by global businesses.
Zurich citizens: friendly lifestyle for business with foreigners
In Zurich, you can expect people to be incredibly punctual, as it is considered a form of respect towards your patrons and business partners. You can also expect to have a nicely organized company that carefully stabilizes work and social life, to attain better performances and work relationships.
The city of Zurich burst onto the tech hubs scene recently and its growth doesn’t seem to be slowing down.
Regardless of the living costs that can dissuade startups and small businesses, the network of entrepreneurs is a credible ally to fight these expenses.
Financial assistance and learning programs are set up in the entrepreneurial community to enable and encourage those who are new in the business to grow as quickly as possible and to face these initial costs. Having your business in Switzerland is invariably an asset, so be sure not to lose any chances in this exciting, efficient, and enthusiastic environment.
Establish your company in no time
With desirable corporate structures, adequate business properties, valuable and non-bureaucratic permits, and authorizations blended with easy recruitment, you can set up your business in the Greater Zurich Area in no time. In Switzerland, the formation of a company takes two to four weeks from the submission of necessary documents to the date when the company is legally established. Depending on the type and in more easy cases the time required can even be less.
There are various options to establish a business in Switzerland:
- Forming an unincorporated or incorporated company
- Setting up a branch office
- Acquiring an existing company in Switzerland
- Formation of a joint venture
- Forming a strategic alliance with or without equity interest
Incorporating a business in Zurich is a profitable move for any business investor as it helps them to earn higher returns and fetch business-oriented solutions so if you are planning on starting your business in Zurich, Switzerland, contact your Damalion expert now.
