Doing Business in the United Kingdom VS Switzerland – A Comparison
Entrepreneurs and investors weighing the United Kingdom against Switzerland face a common challenge—both countries are highly developed, business-friendly, and globally connected. Switzerland is known for its political neutrality, strong banking sector, and high-income economy. The United Kingdom, meanwhile, offers a vibrant business ecosystem, low-cost company setup options, and one of the fastest incorporation processes in the world.
If you’re exploring starting a business in the United Kingdom, this comparison will help you see how it stacks up against Switzerland in key areas. 3E Accounting can guide you through the process from start to finish.
The United Kingdom: Known for its competitive and transparent environment, supported by strong legal infrastructure and active government support for entrepreneurs and SMEs.
Switzerland: Offers political stability, a skilled workforce, and a strong financial system. However, it also comes with higher bureaucracy and stricter regulatory controls.
Taxation
The United Kingdom: Corporate tax is set at 25%, and companies benefit from R&D credits and various incentive schemes. Capital gains are taxable, with reliefs available.
Switzerland: Corporate tax rates vary by canton but typically range from 11.9% to 21.6%. It offers attractive tax treaties and exemptions for holding companies, but local compliance can be complex.
Ease of Company Incorporation
The United Kingdom: Digital-first approach enables same-day registration. Company incorporation in the United Kingdom is one of the fastest in Europe with minimal red tape.
Switzerland: Company registration can take 2–3 weeks and requires a physical presence. Notarisation, local address, and a Swiss bank account are often prerequisites.
Cost of Living and Business Operations
The United Kingdom: Business operation costs are moderate. Affordable company incorporation services and flexible rental options are available outside central London.
Switzerland: One of the most expensive countries in the world, especially for rent, wages, and services. High operational costs can impact SME scalability.
Access to Markets
The United Kingdom: Strong global connectivity with key trade relationships across Europe, North America, and Asia.
Switzerland: Centrally located in Europe with access to EU markets via bilateral agreements, though not an EU member. Cross-border trade is efficient but bound by local rules.
Quick Comparison Overview
Here’s a quick overview of the key differences for easy reference.
Factor
United Kingdom
Switzerland
Business Environment
Transparent and SME-friendly
Stable but more regulated
Corporate Tax Rate
25%
11.9% to 21.6%
Capital Gains Tax
Taxable with exemptions
Generally tax-exempt for individuals
Ease of Incorporation
Fully online, same-day registration
2–3 weeks, requires physical presence
Business Costs
Moderate, varies by region
High across all sectors
Market Access
Global trade agreements
EU market access via bilateral treaties
Benefits of Choosing 3E Accounting
When it comes to starting a business in the United Kingdom, navigating the legal and administrative processes can be complex without the right support. That’s where 3E Accounting comes in. As a trusted partner for company incorporation, we provide tailored solutions for entrepreneurs and investors looking to establish a strong business presence. Whether you need help with company registration or expert guidance on setting up businesses in the UK, our experienced team ensures a smooth and efficient process.
The United Kingdom is faster. You can complete company incorporation in the United Kingdom within 24 hours using digital platforms. In Switzerland, the process usually takes 2–3 weeks and requires physical documentation.
The UK has a flat corporate tax rate of 25%, while Switzerland offers a lower range of 11.9% to 21.6% depending on the canton. However, Swiss tax compliance can be more complex.
Yes, the UK offers lower setup costs and affordable company incorporation services, especially outside London. Switzerland has higher costs across the board—from office rentals to salaries.
Capital gains in the UK are taxable but come with various reliefs. In Switzerland, capital gains for individuals are generally tax-exempt, though businesses may face different rules.
Switzerland has strong access to the EU through bilateral agreements. The United Kingdom has wider global reach via trade deals, as explained in this business setup guide.
The UK offers business finance support, R&D tax credits, and incentives for green initiatives, especially useful for SMEs and startups.
Abigail Yu oversees executive leadership at 3E Accounting Group, leading operations, IT solutions, public relations, and digital marketing to drive business success. She holds an honors degree in Communication and New Media from the National University of Singapore and is highly skilled in crisis management, financial communication, and corporate communications.