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Switzerland

  • GDP: $ 678,575 billion
  • Population: 8,476 million people.
  • German, French, Italian
  • Swiss Franc (CHF)

Switzerland is a federal state of Western Europe that is uniting 26 cantons and 6 demicantons. It is included in the European Free Trade Association, the Schengen area, the UN, the OECD, the FATF and the Basel Committee on Banking Supervision.

It is not a member of the European Union and the eurozone, but it is one of the most developed countries in the world and a large financial center.

As a rule, investors use the Swiss companies as both operating and holding companies. At the same time, it is worth mentioning the fact that Swiss jurisdiction is not a low tax or offshore jurisdiction.

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