liv minder, investment promotion director why … · −number 12 of worldwide machinery exporters...
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Liv Minder, Investment Promotion Director
WHY SWITZERLAND?
What do you know about Switzerland?
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Roger Federer Swiss Chocolate Luxury Watches
What you also ought to know
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Hotspot for research and development
Small but high performing
A country full of bright minds
Typical Value Drivers: Wy Switzerland?
Markets
Sales & Marketing
Design & Branding
Innovation
Research & Development
Manufacturing
Processes
Operational Excellences
Procurementand Supply
Chain
How would you like to improve or expand your business?
Sales & Marketing / Design & Branding
MARKETS
Switzerland as a Sales & Marketing Location
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41,285 km2
area of Switzerland
Bernis the capital
8 millioninhabitants
500 million consumersCan be reached in one day
4 national languagesGerman, French, Italian, Rhaeto-Romanic
Switzerland as a Sales & Marketing Location
Ideal conditions thanks to economic and financial stability:− Very high purchasing power− Proximity to international customers− Gross domestic product well above
European average− Good test market− Stable Swiss franc− Low capital costs, moderate price
developments− 8% VAT − 2.5 % VAT for food, books and medical
products
• Example: Swiss Market is as big as Italian Market for Huawei (Hardware for telecommunication)
VAT Rates
25%25%25%25%
21%21%
20%20%19.60%
19%19%
15%8%
DenmarkNorwaySwedenHungary
IrelandBelgium
ItalyAustriaFrance
NetherlandsGermany
LuxembourgSwitzerland
Switzerland as a Sales & Marketing Location
Benefits from Costum Control / FTA
- Free Trade Agreements to 38 Countries: e.g. Huge saving potential for export to China (greatest savings : wristwatches, medicines, medical devices, gas turbines and elevators, but also men's suits)
- Examples: Savings resulting from weight duty (Luxury industry e.g. watches, Medtech Industry, High-tech industry)
Export from
Value in Euro
tax Final Price in Euro
Switzerland 100’000 0% 100’000EU 100’000 14% 114‘000
Example: Export of Washing machines
Switzerland as a Design & Branding Location
Made in Switzerland:− Swiss Made stands for quality,
precision, safety and reliability, all of which are attributes many foreign buyers are willing to pay higher prices for.
− Strict regulation on “Made in Switzerland” usage
− Italy: 30% of the added value added of a product must be made in Italy Switzerland: 60% of the added value added must be made in Switzerland.
Switzerland as a Design & Branding Location
Space for intellectual property
− Well-developed protection of intellectual property
− Comprehensive patent, trade mark and design protection, as well as exemplary copyright laws
− High degree of protection for new developments and inventions
− Switzerland ranks 2nd for patent registrations per million inhabitants among all OECD members (2014)
− Top IP registration system/high innovation output
Switzerland as a Design & Branding Location
Examples:
− Metronic: The company benefits from the strong reputation of Swiss manufactured products, including for innovation, quality and design.
− Bodum: The company benefits from design and branding.
Research & Development / Manufacturing
INNOVATION
Switzerland as a Research & Development Location
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R&D gross domestic expenditure of the private sector in 2012In % of GDP
0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0
United Kingdom
EU-27
EU-15
Belgium
France
Total OECD
United States
Germany
Denmark
Switzerland
Sweden
Japan
Finland
South Korea
Israel
Source: BFS 2014
Switzerland as a Research & Development Location
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Public per Capita Spending on Education, 2011 (in US Dollars)
Source: IMD World Competitiveness Online 2014
Switzerland as a Research and Development Hub
Switzerland as an innovation hub− University research and development
at the highest level (e.g. ETH, EPFL, CERN, Paul Scherrer Institute)
− Top enterprises choose Switzerland as their research location (e.g. Roche, Novartis, Walt Disney, Google)
− Highest density of multinational enterprises per citizen. Out of the top 500 Fortune Global Companies 15 are from Switzerland
− Ability to effectively turn research results into marketable products.
− Quote Insphero: Employees are willing to take the “risk” to work in a startup or SME
Switzerland as a Research and Development Hub
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Level of innovation compared to other countries
Switzerland as a Research and Development Hub
Swiss education – dual, decentralized and free
− Numerous universities, technology institutes and other centers of learning make the country's education system one of the world's best
− The dual education system provides the labor market with highly qualified career entrants
− 6 out of 12 Swiss universities are among the global Top 200
Machinery, Electronics and Metals Industries (MEM)
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Balance of trade in goods 2014in CHF million
Source: Swissmem “Panorama” 2015
Manufacturing (Machinery)
Per Capita industrial production output Did you know… − Swiss industrial production per capita beats
Germany, the United States and China?− Number 12 of worldwide machinery exporters− Competitive thanks to innovation and quality− 90% of all textile machines worldwide
are from Switzerland− 45% of all exports to the BRIC states are from
the machinery industry
− Example: ABB and Georg Fischer are of Swiss origin
Operational Excellences / Procurement and Supply Chain
PROCESSES
Operational Excellences
Comparison of effective costs of an Employee
Social Security Contribution:
Operational Excellences
Flexibility of companies when dismissing employees
Number of strike days:
Liberal Labor Market
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Switzerland has a committed and reliable workforce
Attractive Taxes
Flexible fiscal policy, fair taxes
− Mild fiscal climate− Moderate tax burden thanks to
«debt brake»− Federalist system− Reliable double taxation
agreements− Easy and reliable tax system− Efficient cooperation with tax
authorities− No «exit taxes»
Attractive Taxes
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Taxation on corporations (EATR in %)
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
Source: BAK Taxation 2013
Switzerland as a Procurement and Supply Chain Location
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SWITZERLAND AS A PROCUREMENT AND SUPPLY CHAIN LOCATION
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The secret behind……
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ABOUT US
Market Development: Swiss Business Hubs
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Switzerland and its 26 Cantons
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ZH
B E
LU
UR
SZ
OW NW
GL
ZG
FR
S O
B S
BL
SH
AR AI
SG
G R
AG
TG
TI
VD
V S
N E
GE
JU
Switzerland: Economic Promotion by Region
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Be informed about Switzerland
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All information to be found on on: www.s-ge.com/invest-businessenvironment
Contact in Switzerland
Liv MinderDirector Investment Promotion
Switzerland Global EnterpriseStampfenbachstrasse 85, P.O. Box 2407, CH-8021 ZurichPhone +41 44 365 54 55 Fax +41 44 365 52 21