Switzerland has a modern system taxation geared to the needs of business. The country has a highly competitive tax system compared with other highly developed industrial nations across the world.
Taxes are levied at two levels: at federal level, and at cantonal and municipal level. Canton Solothurn is an attractive jurisdiction for legal entities (corporations). The most important forms of legal entity are limited companies (companies limited by shares, companies partly limited by shares, and limited liability companies), cooperatives, investment companies with fixed capital (SICAFs), associations, foundations, and collective investment vehicles.
The Swiss fiscal system is not only attractive for corporate taxpayers, but for private individuals as well. The tax burden is moderate by international standards.