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Definition of the Swiss watch movement
A watch is to be regarded as a Swiss watch if:
- its technical development has taken place in Switzerland;
- in the case of exclusively mechanical watches, at least the mechanical construction and prototyping of the watch as a whole,
- in the case of watches that are not exclusively mechanical, at least the mechanical construction and prototyping of the watch as a whole, together with the conception of the printed circuit or circuits, the display and the software;
- its movement is Swiss;
- its movement has been cased up in Switzerland;
- final inspection by the manufacturer took place in Switzerland and
- at least 60% of the manufacturing costs is generated in Switzerland
Definition of the Swiss watch movement
To be regarded as a Swiss movement, the movement must:
- have undergone technical development in Switzerland:
- for exclusively mechanical movements, at least mechanical construction and prototyping of the movement as a whole,
- for movements that are not exclusively mechanical, at least mechanical construction and prototyping of the movement as a whole, together with the conception of the printed circuit or circuits, conception of the display and conception of the software;
- have been assembled in Switzerland;
- have been inspected by the manufacturer in Switzerland and
- at least 60% of the manufacturing costs must be generated in Switzerland
- and at least 50% of the value of all the constituent parts, but excluding the cost of assembly, must be of Swiss manufacture.