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Over the years, the Canton authorities have tailored a package of benefits to make it easy for international sport organisations to move in the Olympic Capital and maximise their benefits once established.
Easy entry in SwitzerlandNon-Swiss nationals applying for an entry visa in Switzerland have to submit an application to the Swiss representation in their place of legal domicile. The special assistance service provided to International Federations (IFs) based in the Canton de Vaud will ensure that all procedures are as hassle free as possible for all involved.
Fast access to residence and work permits in SwitzerlandWhether it is to establish domicile or to pursue a paid activity in Switzerland, foreign citizens need to have a residence or settlement permit. IFs, however, do not need to search for candidates in the European job market before hiring specialists from non-EU countries, and will be provided with special assistance that ensure that all administrative tasks are completed in a hassle free manner.
Easy acquisition of real estateInternational Federations (IFs) do not need special permission to acquire real estate (land or buildings) for the purpose of establishing their operations in Lausanne and the Canton de Vaud. In addition, IFs have the opportunity to acquire adjacent land for potential future developments.
Rent-free propertyIFs that prefer renting rather than acquiring real estate will instead benefit from a two-year rent-free period within the City of Lausanne and a one-year period elsewhere in the Canton, under certain conditions.
Favourable Tax ConditionsShould (1) IFs be recognised by the IOC, (2) move their headquarters and their main activities in the Canton de Vaud and (3) be a non-profit organisation, they can benefit from special taxation conditions. Staff members living in Switzerland will need to pay taxes on income, but volunteers (e.g. Board / Council/ Commission or Committee members) benefit from special conditions on business expenses, allowances and per diems.
Low VATIn Switzerland, any revenue earning activity, even if it is not for profit, enjoys a favourably low VAT rate of 8%. Upon request, the Swiss Confederation may simplify administrative procedures for IFs. The special assistance service provided by the Canton de Vaud and the City of Lausanne will ensure that these procedures are completed in a hassle free manner.
Favourable imports and exportsGenerally, organisations that exporting goods intended to be re-imported into Switzerland (temporary exports) are required to deposit a guarantee. However, in the Olympic Capital, IFs are not subject to this guarantee, as long as they enter into a formal commitment to pay all taxes and any customs duty that may be applicable. The Canton de Vaud and City of Lausanne will be able to provide special assistance to ensure that this can be enacted.
For more information, contact us.
When moving to the Olympic Capital, IFs benefit from a single point of contact.
This contact will provide dedicated assistance in:
- Finding the perfect office space,
- Answering questions related to entry into Switzerland,
- Work permits,
- Customs regulations,
- Exemptions from direct taxation,
- Practical information on living in Switzerland.
For more information, contact us.