The free Trade agreement between China and Switzerland that was signed on 6 July 2013 by the Chinese Minister of Commerce, Gao Hucheng, and the Swiss Federal Councilor, Johann Schneider-Ammann, will enter into force on 1 July 2014.
On Sunday 9 February 2014 Swiss voters adopted the "Stop mass immigration" initiative (German: “Initiative gegen die Masseneinwanderung”). What is the current practice regarding work permit types and quotas and what will change?
The new DTA replaces the agreement applicable since 1991. With the reduction on WHT from 10% to 5%, Switzerland will become one of the most favourable countries in Europe, both for investments into China as well as for investments from China to Europe.