St.Gallen has a strong labour market, low corporate taxes, and a large network of well-known companies, as well as numerous vacant construction areas, allowing companies to develop their business on a new or existing location, or even reinvent themselves. This mix makes the city an appealing business location.
Advantages of the commercial location St.Gallen
Robust job market with a large pool of specialists
St.Gallen has a large pool of potential employees, in an area covering 2 million people, as well as an above-average concentration of highly qualified specialists. St.Gallen’s ICT sector accounts for a considerable share of total employment (4.5%) and thus ranks third in Switzerland, behind Zurich and Lausanne.
Existing networks promote synergies
St.Gallen houses many strong networks that are unique across the country. For instance, the start-up innovation network “Startfeld”, as well as the ICT and health networks provide easy access to local partners and enable joint development. All operators forge ahead together to develop promising industries, and thus establish St.Gallen as the international metropolis of the Lake Constance region.
Attractive corporate tax policies
The average 14.5% tax on company earnings is one of the most competitive ones in both Europe and Switzerland. St.Gallen is thus even more competitive than other business hubs, such as Hong Kong (16.5%) and Singapore (17%).
If you would like your company to become part of the thriving city of St.Gallen, check out our available sites for commercial development.