Pfäffikon is the principal town of the Municipality of Freienbach in the canton of Schwyz (SZ) in Switzerland. Together with Wollerau, Pfäffikon is considered the principal town of the district (Bezirk) of Höfe and the center of the region of Ausserschwyz. The former farm town is known today as cultural, economic and service center with its main focus on hedge funds. With 7,200 residents Pfäffikon is the third biggest town of the canton after Küssnacht and Einsiedeln.
Pfäffikon, together with Wilen bei Wollerau, Freienbach, Bäch and Hurden form the Municipality of Freienbach, but being the main traffic junction in the area it is the most important town in the municipality. In 1848 Pfäffikon lost its independent status and was subsequently merged into Freienbach. With important administrative and educational centers as well as one of the two fire departments of the canton in town, Pfäffikon became the second, northern center of the canton, especially since the canton's capital, Schwyz, across in the foothills of the Alps is relatively difficult to reach (via Biberbrugg-Rothenthurm). This resulted in Pfäffikon orienting itself more towards Zürich than Schwyz, causing political tensions. The closeness to Zürich as well as the low tax rates led to Pfäffikon's position as economic center of the canton.
Business location
With the lowest tax burden for companies and private individuals and ideally located between the dynamic Zurich economic area and attractive recreation areas, Pfäffikon represents one of the best business locations in Switzerland.[citation needed]
Taxation
Pfäffikon has very sensible government spending and has managed to always maintain a positive balance sheet. The large increase of tax payers and the amount of taxes paid by mainly the financial industry made it possible to lower taxes to the residents and businesses of Pfäffikon for 5 years in a row, resulting in the lowest tax rates of Switzerland.
Economy
Man Group in Pfäffikon
In the last 10 years Pfäffikon became an important financial center housing many asset management companies, (fund of) hedge funds, (fund of) private equity funds, family offices, etc. Together with Zug in canton Zug, Pfäffikon in canton Schwyz has become one of the most important financial centers in Switzerland. The total assets managed out of Switzerland exceed EUR 100 billion. The economic boom started in Pfäffikon in the 1990s when Swiss banking regulations eased up. The closeness to Zurich as well as the low tax rates were also responsible for the rapid development, leading to some major financial institutions to relocate to Pfäffikon. The biggest and best known companies in Pfäffikon are OC Oerlikon, Man Group, Pamasol and LGT Group, Glacier Reinsurance, Markant AG, Charles Vögele and Seedamm-Center.
Education
Pfäffikon offers 8 kindergartens, 3 primary schools and one secondary school as well one of the two cantonwide schools and an open university.
pfäffikon, schwyz, other, uses, pfäffikon, disambiguation, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, new. For other uses see Pfaffikon disambiguation This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Pfaffikon Schwyz news newspapers books scholar JSTOR August 2014 Learn how and when to remove this template message This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view June 2022 Learn how and when to remove this template message Pfaffikon is the principal town of the Municipality of Freienbach in the canton of Schwyz SZ in Switzerland Together with Wollerau Pfaffikon is considered the principal town of the district Bezirk of Hofe and the center of the region of Ausserschwyz The former farm town is known today as cultural economic and service center with its main focus on hedge funds With 7 200 residents Pfaffikon is the third biggest town of the canton after Kussnacht and Einsiedeln Pfaffikon SZMunicipality in SwitzerlandCoat of armsLocation of Pfaffikon SZCountrySwitzerlandCantonSchwyzDistrictHofeTime zoneUTC 01 00 Central European Time Summer DST UTC 02 00 Central European Summer Time Websitewww wbr freienbach wbr chPfaffikon at the Lake of Zurich Aerial view from 300 m by Walter Mittelholzer 1924 Contents 1 Politics 2 Business location 2 1 Taxation 3 Economy 4 Education 5 Transportation 6 People 7 References 8 External linksPolitics EditPfaffikon together with Wilen bei Wollerau Freienbach Bach and Hurden form the Municipality of Freienbach but being the main traffic junction in the area it is the most important town in the municipality In 1848 Pfaffikon lost its independent status and was subsequently merged into Freienbach With important administrative and educational centers as well as one of the two fire departments of the canton in town Pfaffikon became the second northern center of the canton especially since the canton s capital Schwyz across in the foothills of the Alps is relatively difficult to reach via Biberbrugg Rothenthurm This resulted in Pfaffikon orienting itself more towards Zurich than Schwyz causing political tensions The closeness to Zurich as well as the low tax rates led to Pfaffikon s position as economic center of the canton Business location EditWith the lowest tax burden for companies and private individuals and ideally located between the dynamic Zurich economic area and attractive recreation areas Pfaffikon represents one of the best business locations in Switzerland citation needed Taxation Edit Pfaffikon has very sensible government spending and has managed to always maintain a positive balance sheet The large increase of tax payers and the amount of taxes paid by mainly the financial industry made it possible to lower taxes to the residents and businesses of Pfaffikon for 5 years in a row resulting in the lowest tax rates of Switzerland Economy Edit Man Group in Pfaffikon In the last 10 years Pfaffikon became an important financial center housing many asset management companies fund of hedge funds fund of private equity funds family offices etc Together with Zug in canton Zug Pfaffikon in canton Schwyz has become one of the most important financial centers in Switzerland The total assets managed out of Switzerland exceed EUR 100 billion The economic boom started in Pfaffikon in the 1990s when Swiss banking regulations eased up The closeness to Zurich as well as the low tax rates were also responsible for the rapid development leading to some major financial institutions to relocate to Pfaffikon The biggest and best known companies in Pfaffikon are OC Oerlikon Man Group Pamasol and LGT Group Glacier Reinsurance Markant AG Charles Vogele and Seedamm Center Education EditPfaffikon offers 8 kindergartens 3 primary schools and one secondary school as well one of the two cantonwide schools and an open university Private schools SIS Swiss International School Pfaffikon Schwyz 1 Transportation EditThe municipality is located on the A3 motorway Pfaffikon SZ railway station is a terminal of the Zurich S Bahn on the line S5 a stop on the line S40 heading to Rapperswil and on the lines S2 S8 and S25 via Horgen on the left side of the Lake Zurich Journey times from Zurich Hauptbahnhof vary from 25 minutes to over 40 minutes depending on the route and service 2 People EditBeatrice Egli born 1988 singerReferences Edit Pfaffikon Schwyz Archived 2016 01 18 at the Wayback Machine SIS Swiss International School Retrieved on February 9 2016 Eichenstrasse 8808 Pfaffikon SZ Zurich Thalwil Ziegelbrucke PDF Bundesamt fur Verkehr Retrieved 2014 08 07 External links Edit Wikimedia Commons has media related to Pfaffikon Wikivoyage has a travel guide for Pfaffikon Municipality of Freienbach Pfaffikon Pfaffikon as it was years ago Coordinates 47 12 N 8 46 E 47 200 N 8 767 E 47 200 8 767 Retrieved from https en wikipedia org w index php title Pfaffikon Schwyz amp oldid 1095528409, wikipedia, wiki, book, books, library,
