Use of trusts is widespread in English-speaking countries. Foreign trusts are both in demand and in use in Switzerland as well. Today, the National Council debated whether trusts should be included in the Swiss legal framework.
Attracting and retaining talent is a key success factor for companies today. It’s also a major cost factor - so it pays to invest strategically in incentivization. In a world of transformation, HR leaders also need to ensure that they’re ploughing resources into the right skills and technology.
Effective 1 January 2019 the revised Swiss Federal Act on Foreign Nationals and Integration (FNIA) was enacted. One of the most remarkable changes is the new language requirement for work and residence permits.