Sigma Management - Switzerland

Determined to mitigate the effects of the rapid rise of the Swiss franc, to support the Swiss economy and to strengthen Switzerland as an industrial centre, the Swiss Federal Council recently announced plans to swiftly introduce a CHF2bn (EUR1.8bn) package of measures targeting affected businesses. Eager to prevent rising unemployment and to avoid an...    Read More...

Check out this article from our colleague, Matt Walters: I used to be the first to admit my hostility to social media sites and the sharing of personal information online: with profiles on Facebook and LinkedIn, both personal and professional sides of my life are out there, and I'm known to be quite cautious about keeping them separate. With LinkedIn...    Read More...

The Swiss authorities have recently confirmed to all Swiss agencies that, from 1st May 2011, nationals of the "EU-8" member states will be able to work in Switzerland under the same conditions as nationals of other EU countries. Nationals of these countries (Poland, Czech Republic, Hungary, Slovakia, Lithuania, Latvia, Slovenia and Estonia...    Read More...

A revised double taxation agreement (DTA) between Switzerland and Germany has been initialled by the Swiss Federal Councillor Hans-Rudolf Merz and the German Finance Minister Wolfgang Schäuble in Berlin. This DTA will provide administrative assistance in tax matters in accordance with the Organisation for Economic Cooperation and Development’s...    Read More...

Switzerland’s private banks have started to ban their top executives from travelling abroad, even to neighbouring France and Germany, because of fears they will be detained as part of a global crackdown on bank secrecy. The travel bans, which have not been brought in by all banks, have focused on those visiting the US, following the detention...    Read More...

The Swiss voted on Sunday to prolong an EU free labour agreement and extend the policy to workers from EU newcomers Bulgaria and Romania. Voters were asked in a referendum to approve legislation adopted by parliament in 2008 that extended the accord and endorsed its expansion to the two new European Union members. What was expected to be a close vote...    Read More...