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The canton of Zug, also Zoug (
Standard German Standard High German (SHG), less precisely Standard German or High German (not to be confused with High German dialects, more precisely Upper German dialects) (german: Standardhochdeutsch, , or, in Switzerland, ), is the standardized variety ...
: ,
Alemannic German Alemannic, or rarely Alemannish (''Alemannisch'', ), is a group of High German dialects. The name derives from the ancient Germanic tribal confederation known as the Alamanni ("all men"). Distribution Alemannic dialects are spoken by approxi ...
: , rm, Chantun Zug, french: Canton de Zoug, it, Canton Zugo) is one of the 26
cantons of Switzerland The 26 cantons of Switzerland (german: Kanton; french: canton ; it, cantone; Sursilvan and Surmiran: ; Vallader and Puter: ; Sutsilvan: ; Rumantsch Grischun: ) are the member states of the Swiss Confederation. The nucleus of the Swis ...
. It is located in central
Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...
and its
capital Capital may refer to: Common uses * Capital city, a municipality of primary status ** List of national capital cities * Capital letter, an upper-case letter Economics and social sciences * Capital (economics), the durable produced goods used fo ...
is Zug. At the canton is one of the smallest of the Swiss cantons in terms of area. It is not subdivided into districts, but eleven municipalities.


History

The first trace of a settlement in the canton dates from approximately 14,000 BC, with additional finds from the
Paleolithic The Paleolithic or Palaeolithic (), also called the Old Stone Age (from Greek: παλαιός '' palaios'', "old" and λίθος ''lithos'', "stone"), is a period in human prehistory that is distinguished by the original development of stone too ...
(12,400-9250 BC) and the
Mesolithic The Mesolithic ( Greek: μέσος, ''mesos'' 'middle' + λίθος, ''lithos'' 'stone') or Middle Stone Age is the Old World archaeological period between the Upper Paleolithic and the Neolithic. The term Epipaleolithic is often used synonymo ...
(9250-5500 BC). During the
Neolithic The Neolithic period, or New Stone Age, is an Old World archaeological period and the final division of the Stone Age. It saw the Neolithic Revolution, a wide-ranging set of developments that appear to have arisen independently in several pa ...
(5500-2200 BC) and the
Bronze Age The Bronze Age is a historic period, lasting approximately from 3300 BC to 1200 BC, characterized by the use of bronze, the presence of writing in some areas, and other early features of urban civilization. The Bronze Age is the second pri ...
(2200-850 BC) about 50 different
stilt house Stilt houses (also called pile dwellings or lake dwellings) are houses raised on stilts (or piles) over the surface of the soil or a body of water. Stilt houses are built primarily as a protection against flooding; they also keep out vermin. ...
villages were built in 33 locations around Lake Zug. Some of these sites are part of the
UNESCO The United Nations Educational, Scientific and Cultural Organization is a List of specialized agencies of the United Nations, specialized agency of the United Nations (UN) aimed at promoting world peace and security through international coope ...
World Heritage Site A World Heritage Site is a landmark or area with legal protection by an international convention administered by the United Nations Educational, Scientific and Cultural Organization (UNESCO). World Heritage Sites are designated by UNESCO for ...
Prehistoric pile dwellings around the Alps Prehistoric pile dwellings around the Alps are a series of prehistoric pile dwelling (or stilt house) settlements in and around the Alps built from about 5000 to 500 BC on the edges of lakes, rivers or wetlands. In 2011, 111 sites located variousl ...
. Prehistoric sites around the lake and throughout the canton include examples from the Neolithic Egolzwiler,
Cortaillod Cortaillod is a municipality in the canton of Neuchâtel in Switzerland. The Neolithic Cortaillod culture was named after Cortaillod, where four Neolithic villages have been discovered. History Cortaillod is first mentioned in 1311 as ''Cortaill ...
, Pfyn and Horgen cultures. Traces of the later Neolithic
Bell Beaker The Bell Beaker culture, also known as the Bell Beaker complex or Bell Beaker phenomenon, is an archaeological culture named after the inverted-bell beaker drinking vessel used at the very beginning of the European Bronze Age. Arising from ar ...
and
Corded Ware The Corded Ware culture comprises a broad archaeological horizon of Europe between ca. 3000 BC – 2350 BC, thus from the late Neolithic, through the Copper Age, and ending in the early Bronze Age. Corded Ware culture encompassed a ...
cultures as well as the early Bronze Age are less common. There were several large later Bronze Age and
Iron Age The Iron Age is the final epoch of the three-age division of the prehistory and protohistory of humanity. It was preceded by the Stone Age ( Paleolithic, Mesolithic, Neolithic) and the Bronze Age ( Chalcolithic). The concept has been mostly ...
settlements. On the Baarburg the ruins of an Iron Age
celtic Celtic, Celtics or Keltic may refer to: Language and ethnicity *pertaining to Celts, a collection of Indo-European peoples in Europe and Anatolia **Celts (modern) *Celtic languages **Proto-Celtic language *Celtic music *Celtic nations Sports Foo ...
prince's castle from about 500 BC contained Greek ceramics and etruscan metal vessels. Some of the names around the canton are possibly celtic in origin including Baar, Cham, Lorze,
Sihl The Sihl is a Swiss river that rises near the Druesberg mountain in the canton of Schwyz, and eventually flows into the Limmat in the centre of the city of Zürich. It has a length of , including the Sihlsee reservoir, through which the river ...
and possibly
Reuss Reuss may refer to: * Reuss (surname) *Reuss (river) in Switzerland *Reuss (state) or Reuß, several former states or countries in present-day Germany, and the Republic of Reuss * Reuss Elder Line and Reuss Younger Line The Principality of Reus ...
. After the Roman conquest the area was home to as many as ten
Villa rustica Villa rustica () was the term used by the ancient Romans to denote a farmhouse or villa set in the countryside and with an agricultural section, which applies to the vast majority of Roman villas. In some cases they were at the centre of a large ...
. In addition to a number of
coin hoards A coin is a small, flat (usually depending on the country or value), round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to ...
, graves and ruins, a collection of 23
terracotta Terracotta, terra cotta, or terra-cotta (; ; ), in its material sense as an earthenware substrate, is a clay-based unglazed or glazed ceramic where the fired body is porous. In applied art, craft, construction, and architecture, terra ...
religious statues were discovered in Cham. After the collapse of the Roman Empire, the area was incorporated into the
Frankish Empire Francia, also called the Kingdom of the Franks ( la, Regnum Francorum), Frankish Kingdom, Frankland or Frankish Empire ( la, Imperium Francorum), was the largest post-Roman barbarian kingdom in Western Europe. It was ruled by the Franks dur ...
in 536/37. During the
Early Middle Ages The Early Middle Ages (or early medieval period), sometimes controversially referred to as the Dark Ages, is typically regarded by historians as lasting from the late 5th or early 6th century to the 10th century. They marked the start of the Mi ...
a number of
parish church A parish church (or parochial church) in Christianity is the church which acts as the religious centre of a parish. In many parts of the world, especially in rural areas, the parish church may play a significant role in community activities, ...
es were founded in the canton as the population grew. A settlement existed near the present location of
Zug Castle Zug Castle is a castle in the municipality of Zug of the Canton of Zug in Switzerland. It is a Swiss heritage site of national significance. History The first castle on the site was probably a wooden manor house built around 1000 and owned ...
and Cham by the 9th or 10th century. The city of Zug was founded in the first half of the 13th century. Near the southern shore of the lake of Ägeri is the site of the Battle of Morgarten, won by the Swiss in 1315. In this battle the powerful
Habsburgs The House of Habsburg (), alternatively spelled Hapsburg in Englishgerman: Haus Habsburg, ; es, Casa de Habsburgo; hu, Habsburg család, it, Casa di Asburgo, nl, Huis van Habsburg, pl, dom Habsburgów, pt, Casa de Habsburgo, la, Domus Hab ...
were defeated. The
hamlet ''The Tragedy of Hamlet, Prince of Denmark'', often shortened to ''Hamlet'' (), is a tragedy written by William Shakespeare sometime between 1599 and 1601. It is Shakespeare's longest play, with 29,551 words. Set in Denmark, the play depicts ...
of Morgarten (Municipality of
Oberägeri Oberägeri, until 1798 simply known as Ägeri, is a municipality in the canton of Zug in Switzerland. History Oberägeri first appears in historical documents in 1150 as ''Agregia''. In 1538 it was mentioned as ''Ober Egere''. The first church ...
) borders the canton of Schwyz and is home to the Morgarten Battle Monument (german: text= Morgarten Denkmal). The actual battlefield is just across the border in the hamlet of Schornen (Municipality of Sattel) in the
canton of Schwyz The canton of Schwyz (german: Kanton Schwyz rm, Chantun Sviz; french: Canton de Schwytz; it, Canton Svitto) is a canton in central Switzerland between the Alps in the south, Lake Lucerne to the west and Lake Zürich in the north, centred o ...
. During the 1798 French Invasion its inhabitants opposed the invading army until the collapse of the
Ancien Regime ''Ancien'' may refer to * the French word for "ancient, old" ** Société des anciens textes français * the French for "former, senior" ** Virelai ancien ** Ancien Régime ** Ancien Régime in France ''Ancien'' may refer to * the French word fo ...
. The canton formed part of the ''Tellgau'' and was later a district of the large canton of the ''Waldstätten'' in the French supported
Helvetic Republic The Helvetic Republic (, , ) was a sister republic of France that existed between 1798 and 1803, during the French Revolutionary Wars. It was created following the French invasion and the consequent dissolution of the Old Swiss Confederacy, m ...
. The canton of Waldstätten also included what are today the cantons of Schwyz,
Lucerne Lucerne ( , ; High Alemannic: ''Lozärn'') or Luzern ()Other languages: gsw, Lozärn, label= Lucerne German; it, Lucerna ; rm, Lucerna . is a city in central Switzerland, in the German-speaking portion of the country. Lucerne is the capital o ...
,
Unterwalden Unterwalden, translated from the Latin ''inter silvas''(''between the forests''), is the old name of a forest-canton of the Old Swiss Confederacy in central Switzerland, south of Lake Lucerne, consisting of two valleys or '' Talschaften'', no ...
and Uri. In 1803, under the
Act of Mediation The Act of Mediation () was issued by Napoleon Bonaparte, First Consul of the French Republic on 19 February 1803 establishing the Swiss Confederation. The act also abolished the previous Helvetic Republic, which had existed since the invasi ...
, the canton of Zug regained its independence as a separate canton. The constitution of 1814 abolished public assemblies ('' Landsgemeinde''), which had existed in the canton since 1376. In 1845 the canton of Zug became a member of the Sonderbund and participated in the war of 1847 which was lost to the Swiss Confederation. In 1848 the remaining functions of the ''Landsgemeinde'' were abolished. Both in 1848 and in 1874 the canton voted against the federal constitutions. The constitution of 1876 was amended in 1881, and replaced by a new one in 1894.


Geography

The canton of Zug is located in central Switzerland and covers an area of . The cantons of
Lucerne Lucerne ( , ; High Alemannic: ''Lozärn'') or Luzern ()Other languages: gsw, Lozärn, label= Lucerne German; it, Lucerna ; rm, Lucerna . is a city in central Switzerland, in the German-speaking portion of the country. Lucerne is the capital o ...
and
Aargau Aargau, more formally the Canton of Aargau (german: Kanton Aargau; rm, Chantun Argovia; french: Canton d'Argovie; it, Canton Argovia), is one of the 26 cantons forming the Swiss Confederation. It is composed of eleven districts and its capit ...
lie to its west. To the north, the canton is bounded by the
canton of Zürich The canton of Zürich (german: Kanton Zürich ; rm, Chantun Turitg; french: Canton de Zurich; it, Canton Zurigo) is a Swiss canton in the northeastern part of the country. With a population of (as of ), it is the most populous canton in the ...
, whereas to the east and south lies the
canton of Schwyz The canton of Schwyz (german: Kanton Schwyz rm, Chantun Sviz; french: Canton de Schwytz; it, Canton Svitto) is a canton in central Switzerland between the Alps in the south, Lake Lucerne to the west and Lake Zürich in the north, centred o ...
. Most of the land is considered productive. The
Lake of Zug __NOTOC__ Lake Zug (german: Zugersee) is a lake in Central Switzerland, situated between Lake Lucerne and Lake Zurich. It stretches for 14 km between Arth and the Cham- Zug bay. The Lorze as the main feeder river empties its waters into the ...
(german: Zugersee) and Lake Ägeri (german: Ägerisee) make up a considerable part of the canton's area. Lake Ägeri is wholly within the canton, whereas the Zugersee is shared with the cantons of Lucerne and Schwyz. The canton is located on a hilly plateau. The Höhronen (near ''Höhboden'') is the highest elevation (1,229 m) in the east of the canton. The
Zugerberg The Zugerberg is a mountain overlooking Zug and Lake Zug in the Zug Zug ( Standard German: , Alemannic German: ; french: Zoug it, Zugo rm, Zug New Latin: ''Tugium'')named in the 16th century is the largest town and capital of the Swiss canto ...
(1,039 m) in the south is another notable elevation. It connects in the south with the Rossberg massif which rises to the Wildspitz (1,583 m) east of the Zugersee. This massif separates the Zugersee from the basin and Ägerisee. It also separates the hilly district of
Menzingen Menzingen is a municipality in the canton of Zug in Switzerland. History Menzingen is first mentioned around 1217-22 as ''Meincingin''. The traditionalist Society of Saint Pius X, which is said to have broken with the Vatican over "doctrinal ...
from the Zugersee. The river Lorze is the principal drainage in the canton. It originates in Ägerisee, from where it flows northward through moraine deposits in a deep gorge with fine stalactite caverns. The river eventually enters the Zugersee, before flowing back out of the lake through the town of Cham, and joining the
Reuss Reuss may refer to: * Reuss (surname) *Reuss (river) in Switzerland *Reuss (state) or Reuß, several former states or countries in present-day Germany, and the Republic of Reuss * Reuss Elder Line and Reuss Younger Line The Principality of Reus ...
in the northern corner of the canton. The Reuss forms the boundary of the canton in the north west. Canton Zug's borders were mainly established by nature itself: the rivers
Sihl The Sihl is a Swiss river that rises near the Druesberg mountain in the canton of Schwyz, and eventually flows into the Limmat in the centre of the city of Zürich. It has a length of , including the Sihlsee reservoir, through which the river ...
and Biber, and the Höhronen ridge in the east; the Rossberg mountain in the south, and the Rooterberg mountain, and the Reuss in the west. Only the 87.5 km-long border between the cantons of Zürich and Zug is not naturally defined. With its 1580 m peak, the Wildspitz is the highest point in the canton. The lowest point in the north of the canton is at 388 m, at ''Rüssspitz'' (german: Reussspitz) on the border, the confluence of the rivers Lorzen and Reuss.


Diverse landscape

The canton of Zug is multi-faceted, despite its small size. In rough terms, there are two zones, divided by the north-south axis of Lake Zug: the western part with Ennetsee and the plateau of Zug, Steinhausen and Baar; and the eastern part consisting of the hilly and mountainous zone. In the latter is the Zugerberg with the Rossberg mountain chain, the valley of
Oberägeri Oberägeri, until 1798 simply known as Ägeri, is a municipality in the canton of Zug in Switzerland. History Oberägeri first appears in historical documents in 1150 as ''Agregia''. In 1538 it was mentioned as ''Ober Egere''. The first church ...
and
Unterägeri Unterägeri is a municipality in the canton of Zug in Switzerland. History Oberägeri is first mentioned in 1150 as ''Agregia''. In 1538 it was mentioned as ''Ober Egere''. The first church in the valley was built in 876. After 1100, the land b ...
, with Lake Ägeri, and the mountain ridge of Höhronen and the countryside of
Menzingen Menzingen is a municipality in the canton of Zug in Switzerland. History Menzingen is first mentioned around 1217-22 as ''Meincingin''. The traditionalist Society of Saint Pius X, which is said to have broken with the Vatican over "doctrinal ...
and
Neuheim Neuheim is a municipality in the canton of Zug in Switzerland. History Neuheim is first mentioned in 1080 as ''Niuheim''. In 1173 the parish church of St. Blasien was built and Neuheim became the center of the parish of Neuheim. The parish wa ...
. The power of the glaciers in the ice ages is impressively shown in the lateral moraines of the mountains Walchwilerberg and Zugerberg. These are the remaining traces of the Reuss Glacier. The moraine and drumlin landscape of Menzingen and Neuheim are the result of the convergence of the Reuss Glacier and the Linth Glacier. The Swiss geologist
Albert Heim Albert Heim (12 April 184931 August 1937) was a Swiss geologist, noted for his three-volume ''Geologie der Schweiz''. Born in Zürich, he was educated at Zürich and Berlin universities. Very early in life he became interested in the physical f ...
(1849–1937) once noted that "this must be the most impressive moraine landscape in Switzerland". The glaciation of the Zug mountains stopped in around 15,000 BCE. The Lorze is the only large river flowing wholly within the canton. The Sihl and Reuss both follow cantonal borders. The Lorze flows from Lake Ägeri through the deep valley of the Lorzentobel to Baar and Lake Zug. In Cham, the Lorze leaves Lake Zug and joins the Reuss at the aforementioned Reussspitz.


Political subdivisions

The canton forms a single administrative district, which comprises eleven municipalities. The legislature (''Kantonsrat'') has 80 members. The executive (''Regierungsrat'') has seven members. Members of both governments are elected directly by popular vote. The term of office in both cases is four years. The two members of the Federal Ständerat, as well as the three members of the Federal Nationalrat, are also elected by a popular vote.


Municipalities

The eleven municipalities of the canton are: Zug,
Oberägeri Oberägeri, until 1798 simply known as Ägeri, is a municipality in the canton of Zug in Switzerland. History Oberägeri first appears in historical documents in 1150 as ''Agregia''. In 1538 it was mentioned as ''Ober Egere''. The first church ...
,
Unterägeri Unterägeri is a municipality in the canton of Zug in Switzerland. History Oberägeri is first mentioned in 1150 as ''Agregia''. In 1538 it was mentioned as ''Ober Egere''. The first church in the valley was built in 876. After 1100, the land b ...
,
Menzingen Menzingen is a municipality in the canton of Zug in Switzerland. History Menzingen is first mentioned around 1217-22 as ''Meincingin''. The traditionalist Society of Saint Pius X, which is said to have broken with the Vatican over "doctrinal ...
, Baar, Cham,
Hünenberg Hünenberg is a municipality in the canton of Zug in Switzerland. History Hünenberg is first mentioned in 1173 as ''de Hunberg'', though this document is considered a forgery. In 1185 it was mentioned as ''de Hunoberg'' and in 1239 as ''de Hun ...
, Steinhausen,
Risch Risch is a municipality in the canton of Zug in Switzerland. It is also promoted as Risch-Rotkreuz. Four villages (Rotkreuz, Risch, Buonas and Holzhäusern) belong to the municipality ''Risch''. On 24 November 2007 it was decided to promote the ...
, Walchwil,
Neuheim Neuheim is a municipality in the canton of Zug in Switzerland. History Neuheim is first mentioned in 1080 as ''Niuheim''. In 1173 the parish church of St. Blasien was built and Neuheim became the center of the parish of Neuheim. The parish wa ...


Demographics

The population of the canton (as of ) is . , the population included 31,643 foreigners, or about 26% of the total population, up from 15.6% in 1990. The largest foreign population is to be found in the municipality of Walchwil with 33.2% foreign nationals, then Zug (31.7%), Baar (28.1%), Risch (26.3%), and Oberägeri (25.3%). The lowest rate is to be found in Menzingen (18.9%) and Hünenberg (16.5%). The majority of the population () is
Roman Catholic Roman or Romans most often refers to: * Rome, the capital city of Italy *Ancient Rome, Roman civilization from 8th century BC to 5th century AD * Roman people, the people of ancient Rome *'' Epistle to the Romans'', shortened to ''Romans'', a let ...
(62%) with a
Protestant Protestantism is a Christian denomination, branch of Christianity that follows the theological tenets of the Reformation, Protestant Reformation, a movement that began seeking to reform the Catholic Church from within in the 16th century agai ...
minority (18%). Until 1814, Zug was in the
Diocese of Konstanz The Prince-Bishopric of Constance, (german: Hochstift Konstanz, Fürstbistum Konstanz, Bistum Konstanz) was a small ecclesiastical principality of the Holy Roman Empire from the mid-12th century until its secularisation in 1802–1803. In his d ...
, but on the reconstruction of the diocese of
Basel , french: link=no, Bâlois(e), it, Basilese , neighboring_municipalities= Allschwil (BL), Hégenheim (FR-68), Binningen (BL), Birsfelden (BL), Bottmingen (BL), Huningue (FR-68), Münchenstein (BL), Muttenz (BL), Reinach (BL), Riehen (B ...
in 1828 it was assigned to the latter. While the majority of the population understands standard German, most residents speak the
Swiss German Swiss German (Standard German: , gsw, Schwiizerdütsch, Schwyzerdütsch, Schwiizertüütsch, Schwizertitsch Mundart,Because of the many different dialects, and because there is no defined orthography for any of them, many different spelling ...
dialect of central Switzerland.


Historical population

The historical population is given in the following table:


Economy

The ''Encyclopædia Britannica'' Eleventh Edition (1910–1911) described the economy as follows: Since 1910 the economy has shifted dramatically in Zug. In 2014, about 1.8% of the workers in Zug work in the
primary sector The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, fishing, forestry and mining. The primary sector tends to make up a larger portion of the economy ...
(the total for all of Switzerland is 3.3%) Of these 1.8%, in 2008, nearly two-thirds kept dairy cows. However, its low tax rates and business friendly climate have brought many small and medium-sized businesses in all areas of the economy. There are over 24,300 registered companies and over 70,000 jobs in the canton, with 12,900 of the registered companies based in the city of Zug. In 2014 the
secondary sector In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construc ...
employed 22,096 or about 20.5% of the total. Of those in the secondary sector, 28.3% worked in the manufacture of data-processing equipment, electronic and optical products. About a quarter of all secondary sector workers in the canton work in construction, with 19.7% in specialized trades such as electrician or plumber and 7% in construction management or labor. The
tertiary sector The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also known as the economic cycle). The others are the primary sector (raw materials) and the second ...
employed 83,591 or about 77.7% of the total. Of those in the tertiary sector, the largest group of employees (17% of all tertiary sector) work in wholesale business including wholesale pharmaceuticals. The next largest group category is education which makes up 6.22% of the sector. Due to Zug's status as a business center and tax haven, 5.74% of the tertiary sector is in management and business consultancy, 4.67% provide information technology services, 4% provide legal and tax consultancy and nearly 4% provide financial services. In 2016, the town of Zug began accepting
digital currency Digital currency (digital money, electronic money or electronic currency) is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital cu ...
for small payments of municipal fees. Then, in 2021, the canton started accepting bitcoin or Ethereum for personal and company taxes up to CHF100,000. To reduce risk, Zug converts the cryptocurrency into Swiss francs. This is part of a strategy to associate Zug with new technologies. Zug has also been referred to as the Crypto Valley by
Ethereum Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (Abbreviation: ETH; sign: Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capita ...
co-founder Mihai Alisie because of the large number of companies engaged in
cryptocurrency A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. It i ...
in the area. By 2018, a Crypto Valley Association had been formed with Oliver Bussmann, as its president. At the end of 2019, the following were identified as the largest cryptocurrency companies in Zug:
Ethereum Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (Abbreviation: ETH; sign: Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capita ...
($14.4 billion), Dfinity ($2bn), Polkadot ($1.2bn), Bitmain ($1bn), Libra ($1bn),
Tezos Tezos is an open-source blockchain that can execute peer-to-peer transactions and serve as a platform for deploying smart contracts. The native cryptocurrency for the Tezos blockchain is the tez (ISO 4217: XTZ; sign: ꜩ). The Tezos network ac ...
($924m),  Cardano ($869m) and Cosmos ($818m). By 2021, the term ‘Crypto Valley’ was being used to cover Switzerland and Liechtenstein with 960 companies; Zug accounted for 433 companies, followed by Zurich (178). Eleven companies were described as ‘ unicorns’ with the largest – Ethereum ($157 billion), Cardano ($41bn) and Polkadot ($29bn), all being based in the canton. The canton of Zug has one of the lowest tax rates in Switzerland.
Bloomberg L. P. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar, and a ...
reported that trading houses with ties to Russian oligarchs are peppered all over the low tax canton of Zug. Local officials estimate that there are at least 40 companies connected to Russia that employ about 900 people in the canton. Twenty firms identified as Russian by the canton paid CHF31 million ($33 million) in cantonal and municipal taxes in 2020. But “the true scale of Russian operations in Zug is hard to determine because Swiss registration rules demand limited information from companies looking to do business there,” writes Bloomberg.


Transport

Zug is located on the north side of the transalpine north–south axis via the Thalwil–Arth-Goldau railway, connecting the
Gotthard line The Gotthard railway (german: Gotthardbahn; it, Ferrovia del Gottardo) is the Swiss trans-alpine railway line from northern Switzerland to the canton of Ticino. The line forms a major part of an important international railway link between nort ...
to Zürich. It is also a major railway junction of the
Zug–Lucerne railway The Zug–Luzern railway is a mainline railway line in Switzerland, connecting the cities of Zug and Lucerne. It was opened on 1 June 1864 by the Zürich–Zug–Lucerne Railway (''Zürich-Zug-Luzern-Bahn''). The Zürich–Zug railway was opened ...
and the north–south axis. The motorway A4 traverses the canton west of the Zugersee.


Politics


Federal election results

: FDP before 2009, FDP.The Liberals after 2009 : "*" indicates that the party was not on the ballot in this canton. : Part of a coalition with the SP : Part of a coalition with the Green Party


References


External links


Canton of Zug's official page



Zug-Zuerich border photos

Kanton Zug - All photographs index
{{Authority control Zug 14th-century establishments in the Old Swiss Confederacy 1350s establishments in the Holy Roman Empire 1352 establishments in Europe