Artificial Intelligence (AI) Technology in Switzerland
Switzerland gains its global reputation among tech companies as a location for research and development in the area of artificial intelligence. Giant tech such as Google, Microsoft and Facebook base some of their overseas research operations in Zürich, working alongside ETH University, whose IT department is ranked second-best in the world, by Times Higher Education 2019.
Thanks to the Swiss long-established strength in healthcare developments, it has the most AI patents in the European healthcare industry and the second most in the world, inferior to the USA. (source: Swiss Federal Institute of Intellectual Property 2019)
Tech companies based in Switzerland benefit considerably from a research friendly environment, access to AI institutes, support software systems, skilled manpower from around the world, and low taxation. In addition to Zürich, the Canton of Zug, is also a favoured location for tech companies. Called this “Swiss silicon valley”, Zug offers a very low corporate tax of 11.91% and the canton is only 20 minutes by train from Zurich !
Our company is a specialist in business registration and taxation in Switzerland. We have both offices in the center of Zurich and the center of Zug. If you are interested in setting up a company in Switzerland, feel free to contact us.