Switzerland

Swiss Confederation is a very independent country and a federal parliamentary republic in the central Europe. A landlocked country with the population of about 8 million people. Switzerland is divided into 26 Cantons and every Canton has its own constitution, legislature, government and court system. Majority of them having the German as the official and mostly used language, altho in some of the Cantons the main language used is French.The country has the four following languages as the official languages: German, French, Italian and Romansh, as previously mentioned the most used language is German, followed by French and Italian, the Romansh language is used by less than one percent of the population.

Economy

The country has a stable and prosperous economy, considered to be one of the worlds most wealthiest country per capita and in the top twenty of the gross domestic product. About half of the watches made in world come from Switzerland. Most of the economy is composed of manufacturing and export, the most exported goods are chemicals, machines and electronics, precision tools and watches. Some have named it the world's most powerful economy.

Taxation

Switzerland has double taxation agreements with over 80 countries. There are no yearly license fees for Swiss companies. However a capital duty must be paid for the registered share capital from 0.4 % to 8% depending on the canton in which the company in registered.

Company incorporation

The time for a company to be registered within Switzerland varies quite a lot, the usual expected time for company incorporation is around 10 working days. The name of the company may be in any language as long as the language uses Latin alphabet. The type of a company that usually gets incorporated is AG SA LTD or GMBH SARL.

Visa

The possibility to get a Switzerland visa is quite easy if you're looking for a short term work visa or a travel visa, especially for EU members, as it is possible to work in, for a period of no longer that 90 days without any specific documents, as long as the employer registers you with the government. A visa for a period of up to 4 months it is possible to receive a L-type visa, with registration in the local authorities for an extended work permit.

Conclusion

The Swiss Confederation is a very independent country. Despite the attempts of the government to become a member of the European Union, the citizens have voted against. The Swiss government still plans to become a member of the European Economic Area, but current attempts have been unsuccessful.