While it is possible to do this in theory, it is really not the way to go. Basically what you would do is set up a UK company, have it establish a branch office in Switzerland and have that branch employ you. This branch would then have to register to pay social security, VAT and corporation taxes. It would also have to join a pension fund and make the required payments for you. There are however several issues with this solution:

- The social security guys may refuse to register your company becase all of the work is out side the country and none of it relates to the Swiss economy. I've had this one from them in the past.

- At this stage our company is not registered in the register of business names and this is often required for may contracts, so you would need to do this. To do so you would need to have the company's M & A translated in to German, certifed and so on this would cost...

- The next thing is that the UK & Ireland no longer accept non resident companies, so you would have to produce two sets of accounts etc., filing one set in Switzerland for the branch and one in the UK for the parent. And given that the contract is with a UK company I expect you would have many long arguments with the various revenue agents to try and agree some kind of accounting rules, given that the revenue would most likely be considered revenue of the parent, while the expenses would be paid out by the branch.... so an expensive process I expect.

The bottom line is that you need to establish a Swiss company and have done with it. Remember that the CHF20,000 does not need to be cash, it can be in kind as well - Computer, Car, Books etc.....

Best Regards,

Jim