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15 November 2016 Tax relief for start-up founders in Zurich

In future, new start-ups, i.e., their shares as part of the assets of the start-up founders  will be taxed only at net asset value "until representative business results are available". There is fierce international competition to stand out as a start-up hub. Swiss cities compete with Berlin, Singapore, London and, more recently, Barcelona, and regularly achieve high rankings as attractive locations. After successfully lobbying by the start-up scene, the canton of Zurich has now eliminated a serious tax hurdle.

Author: Christoph Niederer

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