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More than one third of firms in Switzerland are founded by foreigners

More than one in three new companies in Switzerland will have been founded by foreigners by 2025. According to an analysis by the Institute for Young Entrepreneurs (IFJ), 37.5% of the total 40,867 new entries in the commercial register between January and September were made by people without a Swiss passport. +Get the most important news from Switzerland in your inbox The analysis of the years 2020 to 2024 shows a continuous increase in the proportion of foreigners, the IFJ announced on Tuesday. In 2020, it stood at 35.8%. The results are related to the population structure. In 2024, more than a quarter of the permanent resident population in Switzerland had foreign citizenship. Overall, the number of start-ups increased by 4.3% compared to the same period last year, reaching a new high as expected. On average, 150 new companies were created every day. The craft sector was particularly strong with 4,435 new companies, followed by consulting (4,310) and real estate (3,800). B2B and ... Full story here Are you the author?
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