Blog: Accounting, Tax & Business Tips

January 18, 2023 | Marco Schoch

Financing self-employment in Switzerland with early withdrawals from pillar 3a and the pension fund

Self-employment has become a popular option for many people in Switzerland. It offers more flexibility, independence and the opportunity to make their own financial decisions. However, becoming self-employed requires sufficient funding, and for many people, early withdrawal from the pension fund and pillar 3a can be a valuable source of funding. In this blog, we go into the legal provisions and procedures for early withdrawals from pillar 3a and the pension fund in Switzerland and explain how they can be used to finance self-employment.

August 7, 2022 | Marco Schoch

What to do when your tenant doesn’t pay their rent?

Rent payments are firmly planned income for landlords. Therefore, as well as being frustrating, missing rent payments can cause significant financial harm. When tenants fail to pay their rent, many property owners suddenly face major challenges, such as paying mortgage interest out of their own pocket. Unfortunately, most landlords are faced with missing rent payments sooner or later. When this happens, it is vital to quickly take the right steps while acting in a legally compliant manner. In this article, we will provide a step-by-step guide on how to quickly remove tenants who are unwilling to pay their rent.

July 25, 2022 | Marco Schoch

Tax optimisation for companies: How can you save taxes as the owner of an AG or GmbH?

Legislators assume that taxpaying companies and individuals exhaust all legal means for deductions and optimisations in their tax return, and this practice is perfectly acceptable. Therefore, it is also worthwhile following the guidelines of the Federal Tax Administration (FTA) carefully so as to benefit from all possible tax optimisations. In this article, you will learn more about how you can optimise your taxes as an entrepreneur. An entrepreneur in Switzerland can optimise their taxes at two levels: at the level of the company and at the level of the private individual. Follow these tips to easily optimise your taxes:

July 24, 2022 | David Merz

Outsourcing accounting: advantages of outsourcing accounting to an external trustee

Proper accounting is essential for a start-up or an SME, companies are therefore faced with the decision to keep their accounting in-house or outsource it. For many startups and small business owners, keeping their accounting in-house is a big cost driver that has nothing to do with their core business and also ties up resources unnecessarily. So what are the exact benefits of outsourcing accounting to an external accounting firm?

July 20, 2022 | David Merz

Comparison of legal forms: How to make the right choice for your company

Choosing the right legal form for your company is crucial when starting a new business or working as a freelancer. The choice of legal form depends on several factors, such as liability, initial capital needed, decision-making power and taxes to be paid. Choosing the right form is not always easy. We help you by presenting the most important legal forms and comparing their advantages and disadvantages.

June 16, 2022 | David Merz

Daily sickness allowance insurance: What employers should consider?

We all get ill sooner or later. This is an unfortunate fact that we prefer to not think too much about, but is important to consider when running a business. Employees can and do get ill, which affects their ability to work. This article discusses what employers can and must do in such a situation. We explore the subject of daily sickness allowance insurance and all its aspects. We look at whether such insurance is mandatory, and what obligations the employer has in terms of covering an employee’s wages in the case that there is no insurance.

June 16, 2022 | David Merz

Remote work and home office abroad - What do Swiss employers need to consider?

Since the COVID-19 pandemic, it has become increasingly common for employees to work with limited or no physical attendance time. Employees want freedom of location and more flexibility in their day-to-day work. As such, companies are increasingly enabling their employees to relocate their jobs abroad with remote work arrangements. This can offer many advantages, but it also presents employers with complex organizational and legal challenges. So, what do you have to consider as a Swiss employer to give your employees the opportunity to work remotely abroad? In this article, we answer this important question and more.

June 14, 2022 | Marco Schoch

Value-added tax (VAT) in Switzerland – How does it work and when does voluntary registration make sense?

Anyone who buys something in Switzerland pays VAT. In most cases, this amounts to 8.1% of the product price. The rate is lower for everyday goods and some services are exempt from VAT. Once a business has registered for VAT, it can claim input tax deductions on the services and products it buys, which means the business is reimbursed for the VAT it incurs. In this article, we explain more about VAT and discuss the cases where voluntary subordination makes sense for businesses.

June 13, 2022 | David Merz

VAT obligation and fiscal representation for foreign companies in Switzerland

Are you a company based abroad and active in Switzerland, or planning to enter the lucrative Swiss sales market soon? Then you should consider enlisting the services of a Swiss fiscal representative. But what is a fiscal representative and why do you need one? In this article, you will find out everything you need to know about fiscal representation in Switzerland, and what you need to consider as a foreign entrepreneur with respect to Swiss VAT.

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