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Switzerland is a leader in the creation of new firms

Switzerland is the leader in new firm creation despite the pandemic.

Switzerland holds the record for company registrations.

A bit of statistics: in 2020, 46,842 new companies were founded in Switzerland. This is 5.3% more than in 2019.

In niches such as: crafts (16.7%), consulting (10.2%), retail (8.6%), real estate (8.1%), finance and insurance (6.8%).

Many entrepreneurs took advantage of the crisis and opened a business in their desired field.

Fewer companies were registered in the tourism and entertainment sectors. However, experts say that after the crisis, it is in these areas that a boom is expected.

Most of the rapid growth of companies was observed in the central and north-western parts of Switzerland and Zurich.

Now, many Swiss cantons are introducing tax reforms, which will attract a flow of financial investments. For example, Nidwalden has set the corporate tax rate at 9.8%.

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