Switzerland

Ease of Doing Business in

Switzerland

This page summarizes Doing Business 2014 data for Switzerland. The first table lists the overall "Ease of Doing Business" rank (out of 189 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region OECD high income
Income Category High income
Population 7,997,152
GNI Per Capita (US$) 82,730
City covered Zurich
Doing Business 2014 Rank Doing Business 2013 Rank*** Change in Rank
29 27 down -2

Doing Business 2014 DTF** (% points) Doing Business 2013 DTF** (% points) Change in DTF** (% points)
75.34 75.40 down -0.06
 

Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2014 Rank 104 DB 2013 Rank*** 98 Change in Rank down-6
DB 2014 DTF** (% points) 85.74 DB 2013 DTF** (% points) 85.71 Change in DTF** (% points) up0.03

Information on new business density and number of newly created firms with limited liability can be found at Entrepreneurship Database.

Indicator Switzerland OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
6 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
18.0 11.1

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
2.0 3.6

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
25.6 10.4
No. Procedure Time to Complete Associated Costs
1 Place the paid-up capital in an escrow account with a bank 1 day no charge
2 Draft the articles of association in the presence of a notary public, who notarizes the personal and corporate signatures on the application form and authenticate the articles of association and the public deed of incorporation. 7 days 0.1% of capital, minimum CHF 500, maximum CHF 5,000 + CHF 100 (for 5 signatures)
3 File the deed certifying the articles of association to the local commercial register to obtain a legal entity 7 days CHF 600+ 0.02% of capital exceeding CHF 200,000 up to a maximum of CHF 10,000
4 Pay stamp tax at post office or bank after receiving an assessment by mail 1 day 1% capital with the first CHF 1,000,000 exempt
5 Register for VAT 1 day, within 30 days after being subject to VAT no charge
6 Enroll employees in the social insurance system (federal and cantonal authorities) 1 day no charge

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the topics including Getting Electricity across all economies included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

***Last year's rankings are adjusted: they are based on 10 topics and reflect data corrections.

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