Set Up an e-Commerce Company in Switzerland
Set Up an e-Commerce Company in SwitzerlandUpdated on Tuesday 31st March 2020
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Since the online sector is gaining more and more customers, who are aware of the advantages of online shopping, it can be an attractive idea to start a bussiness in Switzerland by setting up an e-commerce company. Switzerland is a country in which internet services are highly developed and which benefits from a strong consumer market. For example, more than 95% of the Swiss citizens with ages between 16 and 65 use internet services on a regular basis, while 90% of them have shopped online. Our team of lawyers in Switzerland can assist foreign businessmen in opening an e-commerce company and can provide advice on how to register an internet domain name in this country.
Online shoppers in Switzerland
Out of the entire Swiss population (8,1 million persons), 92% are currently using internet services. The Swiss online market is rather developed as, at the moment, approximately 4,7 million persons shop various products and services through e-commerce websites. Our team of Swiss lawyers can assist foreign businessmen in registering a website following the regulations available here.
In the last few years, the e-commerce sector registered an important development. If at the level of 2015, the total e-commerce market had a value of EUR 8,5 billion, in 2016, it expanded by 15,4%, reaching EUR 9,8 billion.
Foreign businessmen who want to invest in this sector should know that the average value spent by an online shopper in Switzerland is of EUR 1,815.
It is estimated that at the level of 2018, the total online consumer market will reach 5.1 million, while by 2021, it may reach 5,6 million.
Main internet users in Switzerland
Just like in the case of a brick-and-mortar shop, the investors should also study the characteristics of the local market prior to starting their online activity.
In Switzerland, the largest category of internet users is represented by young persons. The highest daily internet usage rate is given by those with ages between 16 and 24 years old.
Businessmen are invited to contact our law firm in Switzerland for consultancy services regarding the registration of an e-commerce company, which will need to include a payment gateway as well.