Zug is the one of the best city in the Switzerland where many big companies in blockchain like Ethereum, cardano, tezos, Monaco , Xapo begun their journey. It is one of the favorable place in the world to start a startup company related to blockchain and cryptocurrency. The laws, policy, tax all are supported by the municipality of zug . Tax is very low in Zug as compared to other places in Switzerland. Similarly there is support to the company as investment from people like ICO(Initial Coin Offering).
Zug became the first city in Switzerland where people could buy/sell goods using bitcoin as support from municipality of Zug.
Zug is also venue for the crypto valley conference in 2021.
Reason to start crypto Company in Zug:
1. Low tax and legal support from municipality of Zug.
2. Favorable place to get public investment in term of ICO.
3. Easy to collaborate with other blockchain company.