Business Environment Overview
Switzerland is the most competitive country in the world and offers one of the most favorable business environments in the world. Because of their natural environment, it causes virtually no risks to businesses and the quality of the infrastructure is very high. The rule of law is strong and there is very little corruption, the authorities generally work efficiently, the tax and regulatory burdens on the economy are low, while industrial relations are very peaceful and the labor market is highly efficient. Accordingly, Switzerland regularly performs strongly in cross-country comparisons of competitiveness. For example, the World Economic Forum’s Global 2012-13 Competitiveness Report has ranked Switzerland the most competitive country, out of more than 130 included in the survey. Below are the Top 10 countries.
Weaknesses in the business environment include: inefficient government bureaucracy, complex tax regulations, high labor costs and prices, a lack of competition in certain sectors regulatory differences vis-a-vis neighboring countries (Switzerland is not a member of the EU); and relatively weak disclosure requirements for companies, reflecting an attachment to secrecy in financial matters.
http://www.agentschapnl.nl/sites/default/files/bijlagen/Zwitserland%20D&B%20november%202011.pdf
Small and medium-sized enterprises form the backbone of the economy and dominate sectors
such as manufacturing and retail trade. The country also hosts an impressive roster of multinational corporations, including two of Europe’s top pharmaceutical companies, Roche and Novartis, the bio-technology giant Serono, and the world’s largest food company, Nestle, while UBS is among the world's largest banks. http://www.agentschapnl.nl/sites/default/files/bijlagen/Zwitserland%20D&B%20november%202011.pdf
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