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In Ukraine, citizens and foreigners have the same rights to work and make investments in most sectors of the economy. However, foreigners may be required to fulfill certain legal obligations before beginning business operations in the state. Let's take a peek at some pointers for investing and operating a business in Ukraine.

The calculation of the tax rates in Switzerland is based on the net income of the taxpayer. Like in most other European countries, there are several tax deductions that can be made when a tax declaration is filed in Switzerland. These will reduce the taxable income and consequently the value of tax that needs to be paid diminishes significantly.

The Swiss government has gone the extra mile in leveraging low corporate tax rates as a competitive advantage. In Switzerland, corporate tax rates vary depending on the canton where you are operating your business.

The Swiss banking sector is key in strengthening the swiss economy. Switzerland is well known for its diversified financial services,  privacy and sophistication. Swiss banks are actively engaged in a range of activities, in relation with both the private and commercial domain. At present, Switzerland is one of the leading countries in private banking.
 

On the 19th of May 2019, Swiss voters voted in favour of the Federal Act on Tax Reform and AHV Financing (TRAF)—confirming the corporate taxation reform. The main purpose of the reform is to bring tax legislation in line with international standards and to remove Switzerland from the EU “Grey List”, which it has been in since December 2017. This list includes states that are under EU control and have agreed to cooperate to improve the tax system.
 

On May 19, 2019, Swiss voters created the basis for the cantonal implementation of the tax reform, once the federal law on this reform was adopted. Thus, the effective integration of the tax reform takes place through its implementation in the cantonal tax laws.