In Switzerland there is approximately 300’000 companies compared to Hong Kong which for the same population host 1’000’000 companies. The Swiss young arm of socialist party is willing to regulate the salaries spread between the lowest and the highest salary within the same company.
Socialist would like the spread to be at a maximum of 1/12 meaning that with an average salary of 4’000 USD the owner of a company will have to limit his own salary to 48’000.
Don’t be successful or at least don’t show or benefit from your success, regulate & regulate…
The aim for a new social justice is killing softly but surely the entrepreneur spirit in each and every European country.
Although 85 % of the Swiss companies employs less than 10 people and despite the fact that this new initiative would be very hard to implement this shows European policymakers mindset…
Shooting at the successful entrepreneurs, pointing the rich never helped the poor and medium class to improve their conditions.
Asian countries are welcoming entrepreneurs, sourcing from China world’s factory or selling to an ever growing middle class the business opportunities are important and the level of regulation low.
You could register your Hong Kong company in less than 48 hours and enjoy the free economy.