Mendrisio enjoys a very strategic location in the heart of Europe. Opening a business in Ticino, and in particular in Mendrisio, means being in the middle of an economically advanced area, between Switzerland and Lombardy, on the axis between Zurich and Milan. The region is also a major logistical hub.
Why is doing business in Mendrisio easy?
Taxation in Switzerland is competitive by international standards, both for individuals and legal entities. Individuals are taxed on their income and assets (substance), while legal entities are taxed on their profits and capital. There are three levels of taxation: municipal, cantonal and federal. In addition, the social security contributions paid by the employer are low compared to the gross salary paid to the employee.
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Companies based in Mendrisio are particularly attractive for a large and diversified workforce. The high quality of life, the welcoming environment even for families, the safety, the mild climate, and other features that make Switzerland an ideal place to live and work can attract qualified personnel from other regions and countries, or provide additional motivation for graduates to stay. Getting to Mendrisio is also easy by both car and train, whether you are coming from the north or from neighbouring Italy.
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Setting up a new company in Switzerland or moving an existing one there is generally a streamlined process, thanks to the efficient procedures and administrative system. In Mendrisio, the Economic Development Office offers advice on and assistance with bureaucratic procedures, concessions, and regulations, and can also facilitate access to funding and grants for business development.
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Switzerland is known for its stability and efficiency all over the world. Those who choose to do business in the Canton of Ticino benefit from a stable legislative system and a very streamlined administrative system: the laws are few and clear even for businesses, making it easier for entrepreneurs to go about their daily business.
In addition, certain peculiarities make life for company owners and managers far less complicated than in other places: for example, strikes are very rare, and there is a constructive dialogue with social partners.
The institutions in the Canton of Ticino are particularly aware of the importance of attracting new businesses. Thus, whether for start-ups or established companies, there is no shortage of incentive measures and specialist advice for companies and any needs they may have. All this is made possible by the institutions themselves, by various support bodies dedicated to specific sectors, and by the different trade associations that are strongly geared to boosting the economic environment.
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As the second-largest economic hub in the Canton of Ticino, Mendrisio attracts many companies in an economic landscape that remains highly diverse.
Industry is the backbone of the economy and has traditionally been strong in sectors such as precious metals, machinery and electronic equipment, watchmaking, pharmaceuticals and fashion. The tertiary sector is just as well-developed, with a variety of financial and consulting services, a vast commercial sector, several ICT companies and a growing tourism sector. But that's not all! Anyone wishing to set up a business in Mendrisio will also benefit from the presence of universities that stimulate and encourage research and innovation.
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