Switzerland
Finance in Switzerland
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Challenges of Going Global
The BBC today is running with a story on the challenges of Going Global - http://www.bbc.com/news/business-33224596 - which is says are primarily down to a failure to understand that brand doesn't necessarily carry overseas. I would tend to agree. However also believe that companies regularly make the jump from initial research to genuine overseas incorporation without having done the correct rese
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Financing a Business in Switzerland
Finance in business is key, after all its unlike you can start a business Switzerland without some capital behind you. There are several routes to financing your new venture and talking to your accountant should be one of your first ports of call. Money is their business and its in their best interests that your business does well. They can offer advice and help and are a vital source of information.
Here are some other ways of finding potential finance for your business:
- Bank Finance Your bank may be able to help with raising potential finance. Research you market area, your location and your target audience. When set out in a business plan this can help your bank see why the finance is needed, what it will be used for and the potential growth of your business.
- Stock Market it may be possible to float your shares on the stock market, depending on the type of business you set up. AIM, the junior partner of the London Stock Exchange (LSE), has established itself as the preferred route for younger companies wanting to go public.
- Tax incentives and Tax relief in Switzerland - Switzerland is governed by a federal system and so there are no fixed standard rates for taxation. The federal government allows each canton to impose their own tax levies and therefore tax rates vary in each canton. The Chamber of Commerce and Industry of Switzerland is an umbrella associated with the 18 cantonal Chambers of Commerce and Industry in Switzerland. For more information on possible tax relief and incentives you will have to go to the individual chambers.
http://www.cci.ch/en/map.htm - Public Aid Investment funds are assets solicited through public advertising, pooled by a great number of independent investors for the purpose of collective investment and managed by the fund management for the account of investors and in accordance with the principles of risk diversification. It may be necessary to go to the local Chamber of Commerce according to your chosen area.
http://www.cci.ch/en/map.htm
