This lovely Swiss town is a real heaven oasis for people who love a tranquil style of life. Zug is the capital of the same-named canton. The total area of this compact spot surrounded by mountains is 21 sq km. This compact area became home to 30 000 people. An interesting fact is connected with the name of the town. “Zug” comes from a fishing terminology and refers to a place where people are officially permitted to fish. This word is also connected with the process of net pulling. Many international enterprises preferred to have an office located in Zug. The city has a great position close to Lucerne and Zurich. It opens amazing possibilities to enter the European market. It’s a business-friendly town with a positive environment and a low tax rate. It has high chances for technology and innovative development. Moreover, in 2016 they officially started operating with digital money and gained the status of the Crypto Valley. Many companies working with digital currencies operate in the town limits.
