Switzerland Introduces New (But Limited) FDI-Regime

The Swiss Parliament is set to introduce a limited-scope foreign direct investment (FDI) regime. The regime will only cover acquisitions of control by foreign state investors over Swiss entities active in specific sectors. This new regime ensures that Switzerland remains open to foreign investment and attractive to investors. It is expected to take effect on 1 January 2027.

Affected Investors

The new FDI regime only applies to foreign state investors, not private investors.

A foreign state investor is defined as one of the following:

• A foreign state body;
• An undertaking with headquarters outside of Switzerland that is directly or indirectly controlled by a foreign state body;