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Record number of start-ups founded in Switzerland in 2024

New record number of company start-ups in Switzerland in 2024
New record number of company start-ups in Switzerland in 2024 Keystone-SDA

Almost 53,000 start-ups were registered in 2024, up from 51,500 the previous year, the Institut für Jungunternehmen (IFJ) said on Tuesday.

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The 2.6% jump underlines the continued growth and attractiveness of Switzerland as a business location, the IFJ said. It also reflects the desire of many for professional fulfilment and independence, said Simon May, IFJ co-director. Various government and private sector support services are on offer for start-ups in Switzerland.

With an increase of 6.3%, southwestern Switzerland was the major region with the strongest growth in start-ups. The central plateau region (+3.4%) and southern Ticino (+3%) also recorded big growth. There was moderate growth in central Switzerland (+2%), Zurich (+1.2%) and eastern Switzerland (+1.1%). Only the large region of northwestern Switzerland (-1%) noted a drop.

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Sole ownerships were the fastest-growing legal entity in 2024, with an increase of 3.4% compared to 2023. Public limited companies (+2.4%) and limited liability companies (+1.5%) also grew. The latter remains the most popular legal form in the country with over 20,000 new start-ups.

Most start-ups were in the skilled trades sector with over 5,500 new firms. This was followed by the consulting (some 5,200) and real estate (some 4,800 start-ups) sectors.

Translated from German by DeepL/dos

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