The United States is the second largest trading partner of Switzerland. With the population of 325 million and GDP of $19,363 trillion, the United States represents an incredible potential for Swiss companies. In order to facilitate access to the American market and legal system we have established an office in the United States.
Switzerland and the United States have different legal systems. The Swiss legal system is based on codes (civil law) and relatively understandable. The American legal system built on “Stare decisis” or law based on court precedent. Due to these differences, it is crucial to understand the rules of the game before expanding into the United States. Our firm consists of attorneys authorized to practice both in the United States and Switzerland and can provide legal services to clients with expansion projects into the United States.
The United States recently reformed its tax system, especially its international tax rules. U.S. international tax system adopted a participation exemption system (territorial) and introduced complex anti-abuse measures. The new U.S. tax rules, for example, Global Intangible Low Tax Income “GILTI” caused huge impact to foreign companies. U.S. shareholders of foreign companies, including Swiss, must review implication under these new rules.
Our Swiss and American attorneys are at your disposal to assist you in your Swiss-American projects.