View Single Post
  #2  
Old 12.12.2009, 07:06
portsmouth68's Avatar
portsmouth68 portsmouth68 is offline
Forum Veteran
 
Join Date: May 2009
Location: Dubai
Posts: 1,037
Groaned at 33 Times in 24 Posts
Thanked 779 Times in 381 Posts
portsmouth68 has a reputation beyond reputeportsmouth68 has a reputation beyond reputeportsmouth68 has a reputation beyond reputeportsmouth68 has a reputation beyond reputeportsmouth68 has a reputation beyond repute
Re: employed and starting a business?

Quote:
View Post
I am living in Interlaken, I am employed, and own 3 properties which I rent. Two for year long tenants and the other as a holiday home.

Is it possible for me to still be employed and to form a company to handle the rental properties? Is it even worth it?

The number will increase as this is our pension plan. There's also a chance of managing a few other holiday homes not belonging to us.

So does anyone know what the best way forward for me would be?

cheers,

d
This is certainly possible but speak with your accountant on how they you can keep your tax liability low perhaps even putting the earnings into some kind of trust.

Some employees expect to be notified if you become a director of another company and it would depend on what you currently do whether there is a conflict of interest.
Reply With Quote