In the business world, the relationship with clients plays a crucial role and gifts can be a way of expressing appreciation. In Switzerland, a country with clear legal guidelines and ethical standards, it is important to understand the rules regarding the acceptance of client gifts. This blog briefly explains what you need to consider when making a gift.
Appropriateness and transparency is key
Client gifts may be accepted as long as they are appropriate. This means that they should not exceed a certain value and must not give the impression that they could compromise the recipient's independence.
Transparency is very important when accepting gifts. Companies should have clear guidelines for their employees and ensure that gifts are reported.
Acceptable gifts
Small, symbolic gifts, such as stationery or promotional items with the company logo, are generally considered acceptable. These gifts have a low value and are often considered normal business practice.
Personal gifts that are based on a personal relationship and have no business intentions may be acceptable. However, it is important to ensure that such gifts do not interfere with business activities.
Bribery and public office
In Switzerland, bribery and corruption are prohibited by law. Therefore, gifts must not be used as a means to gain undue influence. Companies and employees should ensure that their actions comply with ethical standards.
Particularly strict rules apply to business relationships with public officials. Gifts to government employees or officials must not be used to exert undue influence.
Conclusion
Overall, it is possible to accept gifts from clients in Switzerland as long as they are in line with ethical and legal standards. Transparency, appropriateness and compliance with company guidelines are key to ensuring that business relationships are based on trust.
