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Competitive location – Cantons of Zug, Zurich and Aargau News

Tuesday, September 12th, 2017 | Economy

This year the Canton of Zug is clearly the undisputed leader in Credit Suisse's location quality indicator, which the Grossbank published on Tuesday.
The great advantage of the canton of Zug is explained mainly by its tax appeal, said study author Jan Schüpbach from the CS on request. The canton of central Switzerland, in the case of natural persons, ranked first among the taxpayers in the case of natural persons and 6 in the legal persons.
Moreover, Zug is able to score above-average with the availability of specialists and highly qualified people. Also the accessibility by public transport and roads is very good.
As in previous years, Zurich ranks second. The canton is even more attractive than the canton of Zug, thanks to the center location and the airport, says Schüpbach. On the other hand, the taxation of companies is a significant factor, with Zurich only occupying 22nd place. The canton of Zurich is also less attractive on average than the Canton of Zug.
The Canton of Aargau, which had overtaken Basel-City last year, defended third place ahead of Basel-Stadt. He had increased his attractiveness mainly with a corporate tax reduction in 2016.

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The cantons of Nidwalden, Schwyz and Lucerne also achieved clearly above-average results. In the broad midfield, various agglomeration cantons and the canton of Geneva are located.
Compared to the previous year, Appenzell Ausserrhoden was able to improve. The Eastern Swiss canton moved past Thurgau and Obwalden from tenth to eighth. The canton of Schwyz passes Lucerne. The canton of Vaud approached Solothurn.
Jura and Valais lag behind
The least attractive for businesses are the peripheral cantons of Jura and Valais. Their natural conditions – such as the topography and the longer travel times in the larger economic centers – made the location policy difficult and are largely unchangeable, writes the CS.
However, the positioning can be influenced, as the example of the canton of Uri shows. Thanks to an attractive taxation, the latter achieved a better rank than other mining cantons.
The regional differences in larger cantons such as Berne, Vaud, Grisons or Ticino are large. For this reason, the CS economists also examined the quality of the site at the level of the economic regions.
The most attractive regions for companies include the centers of Zurich, Zug, Baden, Lucerne, Basel and Berne as well as the agglomerations. The main reason for this is their traffic-related accessibility.
In the Romandy, Nyon clearly overshadowed its neighboring regions. In the Ticino, Mendrisio and Lugano beat up. The regions in the Alps and Jurgen are much less attractive because of the poorer accessibility.
According to CS economists, there is also a city-country ditch in the availability of highly qualified workers. In urban regions as well as in the more agglomerated areas, more than 40 per cent have a diploma in a technical college, a university or a higher technical school. In the city of Zurich it is even 52 percent. In rural regions the proportion is less than 20 percent.
(SDA)

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