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.