Company information:
Switzerland lies in the heart of Europe. It has the highest nominal wealth per adult in the world, according to Credit Suisse and the eighth-highest per capita gross domestic product.
This wealthy and stable nation is globally known for its renowned banking sector and low taxation. Swiss companies are taxed on three levels: federal, cantonal, and communal (municipal). The Swiss federal tax rate is only 8.5 percent. In addition to that, low cantonal taxes apply.
As cantons compete on tax rate to attract business, the total tax rate can vary from 14% to 25%. The canton of Zug in the German speaking part of Switzerland has one of the lowest cantonal tax rates. It is possible to reach an effective tax rate of far less than 10 percent.