Go Back   English Forum Switzerland > Living in Switzerland > Business & entrepreneur  
Reply
 
Thread Tools Display Modes
  #1  
Old 21.08.2011, 14:29
pdm pdm is offline
Newbie
 
Join Date: Aug 2011
Location: Casablanca
Posts: 8
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
pdm has no particular reputation at present
Incorporating in CH - When is it really worth it?

Hi,
I have a small consulting business, without a huge overhead, that is producing for me around 130.000 eur of profits that become around 80.000 in my pockets after taxes, insurance, etc.

I live in Casablanca, Morocco, so the cost of living is not crazy but it's a bit aggravated by travelling expenses to europe (around 10.000 eur a year that I could save staying in Switzerland).

So my question is.... at what point of turnover should I seriously consider moving my business and my family to Switzerland in terms of business?

It seems like the right thing to do if I consider growing the business, I am just wondering what makes sense in terms of timing.

Ideally we would move ourself and the family in the Geneva area.

Any way you would approach this?

I am sure I will have to take a hit in my standard of living at some point and move to switzerland, I am just wondering when :-)
Reply With Quote
  #2  
Old 02.09.2011, 13:31
Geox's Avatar
Newbie 1st class
 
Join Date: May 2011
Location: Zurich (Oberland)
Posts: 18
Groaned at 2 Times in 1 Post
Thanked 3 Times in 3 Posts
Geox has no particular reputation at present
Re: Incorporating in CH - When is it really worth it?

Could be quite easy really: Net profit-expected expenses in Switzerland would give you a ball-park figure. You do not have to set up a company in Switzerland and continue to bill via your entity in Morocco. In any case you would have to look at the tax rates and deductibles that would apply in each case. If you go by the Swiss (corporate + income) taxes are lower cliché, you would have to weigh the added expenses (rent, living etc.) in Switzerland.
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Eating out in CH -is it really costly? Nickj Food and drink 13 27.11.2008 21:11
Stem cells storage ... is it really worth it? Kayser Soze General off-topic 7 23.06.2008 20:59
When it is worth buying organic abzurich General off-topic 0 09.04.2008 14:05


All times are GMT +2. The time now is 17:14.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0