Businessmen Guide to Visiting Switzerland

Switzerland is a land of many wonders, including its marvellous nature and landscape, diverse population, and infinite opportunities. Swiss is a federative country that contains 26 cantons, each representing an independent region. What is particularly interesting is that every township speaks a different language depending on the percentage of people speaking it. National languages in use are German, Italian, French, and Romansh. This specific characteristic proves that diversity is a primary thing in Switzerland.

The Swiss Confederation is often referred to as CH meaning Confoederaton Helvetic ( which was used because of Switzerland’s neutrality).

Lately, it represents one of the top travelling destinations because of its fun, innovative, and beautiful character. Tourists looking for an edgy and uncomercial place to visit should consider Switzerland as the right choice.

What some are not familiar with is that Swiss offers many business opportunities because of its stable economic and political scene alongside guaranteed security and most reliable banks in the world. Hence a large percentage of entrepreneurs and business people driven with innovative ideas and bold attitudes visit Swiss and decide to do business here. And those thinking of following their footsteps or choosing to visit to do business, we came up with a practical guide to ease your stay here as much as possible and uplift your efficiency and productivity.

Swiss Banks

Banks in Switzerland are known worldwide. The reason is confidentiality that these institutions represent their prime asset alongside stability and secured capital and deposits. In practice, this means that banks in this country will not give information about transactions and everything concerning your private data. Even if some financial crises or market fluctuations occur, your money will be safe.

Exportation, Import and Main Trading Partners

For those who want to invest in foreign Trade, it is essential to be informed about the state and properties of goods on the market and the extent to which they are available on the market. Major products that Swiss exports are mainly related to the pharmaceutical industry, watches, of course, food, machinery, chocolate, and fuel. When talking about import products that are almost inconsistent deficit are Gold, both human and animal blood, cars, medicaments, etc. Swiss communicates in terms of foreign trade, mostly with European countries like France, Germany, Austria, Italy, Netherlands, and the US, UK, China, India, and Japan.

Although Switzerland is not a part of the European Union, it is noticeable that tourism and products coming in and out of these countries help the economy.

Code of Conduct and Ethics of Doing Business in Switzerland

In almost every country in the world, different rules of behaviour and communication apply. Switzerland is not an exception. Some standards exist, and if you plan on impressing your clients and work colleagues, be sure to follow at least some. Punctuality is essential, and bringing a lot of business cards is a good move. Explore the place and analyze the character of the region you are visiting. In a large part of this nation, business negotiations, partnerships, and relationships have a slow tendency to develop, so dont ask personal questions. Avoid being humorous when talking about work since the Swiss may expect a more formal point of view. Respect is fundamental, and politeness will save you a lot of time and emphasize your business personality. Work meetings are usually held over lunch rarely dinner, so dont go with a full stomach as this act would be considered rude.

Esthetics are Everything

First thoughts for many people when talking about Switzerland are luxury, beauty, and elegance. No accident since Swiss appreciate good looks and experience it as a representation of confidence and self-awareness. Be sure to wear a suit, put on a unique perfume, and a peculiar watch. Flowers and similar objects are desirable since they can make your appearance more appealing and help you form a decent and insightful attitude. For those who pay attention to details and want to be considered somewhat responsible, sophisticated, and witty, renting a corporate limo service may be a good idea. The reason is that these vehicles, besides comfort, accentuate reliability, punctuality, luxury, and safety.

This recommendation represents a cherry on top, and effort in going the extra mile will not go unnoticed especially with doing business in this country.