Entries by Dagmar Richardson

Inbound Switzerland workshop

About: Work permits, Taxes, Social insurances for international transfers and local hires. Workshop in English. When: Tuesday, March 26th 2019 | 9:00am – 17:00pm Where: GET | Baarerstrasse 23 | 6300 Zug Subject: Switzerland is restricting foreigners from joining the Swiss labor market even though more specialists are recruited abroad, and projects are layed out […]

Every foreign worker in Switzerland has to have an adequate Swiss salary

Switzerland has a so-called Expatriation law (Entsendgesetz, EntsG): which states in Article 2: Employers must guarantee at least work and pay conditions for posted workers, of the total employment contracts and normal employment contracts declared in federal laws, regulations of the Federal Council, generally binding within the meaning; minimal Swiss remuneration including surcharges. Because Switzerland […]

Free movement of persons with Croatia: Extension of the transition phase

Since January 1st, 2017, the protocol for extending the free movement of persons from Croatia has been in force. During a multi-stage transitional phase, special conditions apply for Croatian nationals entering employment in Switzerland. The first period of this transitional phase ends on 31st December 2018. At its meeting on 7th December 2018, the Swiss […]

Expat Tax in Switzerland

Senior executives and specialists with special professional qualifications who are temporarily posted to Switzerland by their foreign employer (expatriates) can pay direct federal tax in addition to professional costs according to the Swiss Professional Costs Regulation. A temporary employment is considered to be temporary for a maximum period of five years. The deductibility of special […]

New US income tax rates under Trump’s Tax Cuts & Jobs Act affect already the 2018 U.S. tax payment

Introduction: The U.S. tax system applies the ‘pay-as-you-earn’. Therefore, there is a direct withholding system set up by American companies to meet this tax withholding requirement. If one works in the U.S., the American employer is required to withholding taxes and submit these withholdings to the Internal Revenue Services. As most of our clients work […]

NEW Swiss VAT rule for suppliers based abroad

Businesses whose entire annual turnover from taxable supplies on Swiss territory AND abroad is less than CHF 100,000 (CHF 150,000 for charitable institutions and non-profit-oriented sports and cultural associations), are exempt from VAT liability. CONCLUSION; Small businesses with an annual turnover of about 88’800 Euros worldwide (or just in the country where they are based) […]

NEW Double taxation agreement with Saudi Arabia

On 15 August 2018, the Swiss Federal Council adopted the dispatch on the double taxation agreement (DTA) with Saudi Arabia. In order to enter into force, it has to be approved by Parliament in Switzerland and the necessary approval procedure has to be carried out in Saudi Arabia, which all should happen in the next […]

Too late registration of posted workers in Switzerland

The 8-day preregistration deadline must be adhered to when an EU / EFTA based company is reporting on the work activities, in Switzerland, of a posted worker/s using the 90-days per posting company. When the deadline is not met the assignment/s must be postponed. Otherwise, the company can be sanctioned for a reporting offense. A […]