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  #21  
Old 23.04.2017, 00:09
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Re: Yesss, the Swiss did it!!!

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Actually I did a bit of research and it seems that Spain offers a CT of 15% for newly formed companies. Nevertheless, as I have said, only the IT department will be transferred and you know how these things work (just like Amazon): you think you’re buying something in Spain, but it has been billed in the Netherlands. Still Spain has done a remarkable work in pulling itself out of the 2008 crisis and offer good business conditions (also their costs are lower which for IT I assume is a good thing since it’s either there or in India)


Thank you, I needed that.



Signed: a Spaniard
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  #22  
Old 23.04.2017, 00:14
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Re: Yesss, the Swiss did it!!!

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Moreover I have never heard of a 4% CT in Switzerland
Until late 2000's "impoverished" Swiss regions benefited from so called Lex Bonny which allowed for a reduction of all the 3 taxes (federal, cantonal, communal) to initially a near-zero value that would go up to a normal level within a decade or two.
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  #23  
Old 23.04.2017, 00:28
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Re: Yesss, the Swiss did it!!!

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Finally after some weeks of consultation the company I work for has decided to relocate its European headquarters and its R&D department; most of the IT personnel will be transferred to Spain (a country that it's lowering substantially its corporate tax base) and the rest of us will be moved to the beautiful city of Amsterdam (a huge leap forward from the ugly city of Geneva).
I really want to than you dear Swiss people for rejecting the corporate tax reform, since that was the cause that made my company decide to leave and it is not only me who's leaving, in the last year alone, the great majority of offices in my building have become vacant, so no more "these foreigner are taking all the jobs" except there won't be any new jobs created.
Today I went to the town hall in order to tell them of my departure and I was about to go, when I overheard the lady behind the counter talking with a colleague and, although my french is not perfect, I have managed to understand that with all the companies leaving the town there won't be anyone to pay them a salary (they half joked about it I suppose).
If the current trend continues (banking secrecy lost and now unfavorable taxes) I am sure the Swiss will go back milking cows on the mountains, as far i am concerned I am happy to leave Switzerland, one of the most unimpressive and depressing country on Earth

You are a cad sir...good bye and good riddance to you.
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  #24  
Old 23.04.2017, 01:35
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Re: Yesss, the Swiss did it!!!

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This is true. The problem that is experienced though is that truly talented IT people don't stay in Spain. They come to Switzerland for the money and lifestyle.
Does somebody who outsources to Spain (and India...) really care about "truly talented IT people"?

It's usually companies who see IT as the equivalent of a janitor or cleaning crew, where - if broken down into the smallest tasks - the work can be done by the lowest bidder.

As for Geneva - well, it still has the UN, the embassies and the various NGOs.
And maybe a couple of actors.

IT will move to Zurich or Aargau.
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Old 23.04.2017, 02:25
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Re: Yesss, the Swiss did it!!!

Good riddance to you & "your" tax evading company.

Enjoy Spanish IT support.. I know what I'm talking about (2 years after that, they paid up DEARLY and got it all back to Switzerland..)
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  #26  
Old 23.04.2017, 05:28
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Re: Yesss, the Swiss did it!!!

Remember this:if you pay peanuts you get monkeys.
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Old 23.04.2017, 08:51
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Re: Yesss, the Swiss did it!!!

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Remember this:if you pay peanuts you get monkeys.
Remember Switzerland for work and Spain for play.

You will come back in no time.
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  #28  
Old 23.04.2017, 10:50
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Re: Yesss, the Swiss did it!!!

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Enjoy Spanish IT support.. I know what I'm talking about (2 years after that, they paid up DEARLY and got it all back to Switzerland..)
Not my experience at all.
My employer has Spanish, Polish and now Hungarain IT 'hubs' and all provide excellent quality, for the most part anyway.

That said they pay good rates locally, top quartile etc, and have career progression and a very good recruitment process so not many bad 'uns get through.

Whereas the outsource partners.....

Last edited by Fish Paste; 23.04.2017 at 10:57. Reason: more
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  #29  
Old 23.04.2017, 11:00
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Re: Yesss, the Swiss did it!!!

Hey give him a break- he doesn't like Switzerland and wants to go elsewhere that (might) will suit him better- that is totally fine...

That he should come and post having only posted once 1 year ago- to make his announcement- is more than bizarre- but hey ho...

bon voyage and ... good luck.
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  #30  
Old 23.04.2017, 11:07
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Re: Yesss, the Swiss did it!!!

Remember that most salaries are based on the price of living of where you are located, so if you have not yet been informed of a pay-cut, don't be surprised if it comes at some point once you are settled. Sure, eating out, food shopping etc. will be much lower than in Geneva but come the time you plan holidays to Switzerland and even the UK you'll feel the difference.












Economically speaking Spain it is currently experiencing an upward trend, but Spain being Spain it will at some point in the not too distant future hit that downward spiral again.
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  #31  
Old 23.04.2017, 11:08
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Re: Yesss, the Swiss did it!!!

I keep forgetting Geneva is in Switzerland.
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  #32  
Old 23.04.2017, 12:03
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Re: Yesss, the Swiss did it!!!

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If the current trend continues (banking secrecy lost and now unfavorable taxes) I am sure the Swiss will go back milking cows on the mountains, as far i am concerned I am happy to leave Switzerland, one of the most unimpressive and depressing country on Earth
Why would you even care, as per your post you didn't like it here anyway. Not that your post rang true, you sound much more like a case of "the grapes are too sour" in the first place.

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Still Spain has done a remarkable work in pulling itself out of the 2008 crisis and offer good business conditions
Really remarkable would have been to not dig the hole Spain found ifself in after the crisis in the first place.
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  #33  
Old 23.04.2017, 12:21
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Re: Yesss, the Swiss did it!!!

Twice the GDP of Switzerland with 6x the population. Do the math what that means to average incomes..

Companies that run for low taxes and/or low paid employees won't be missed.
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  #34  
Old 23.04.2017, 12:30
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Re: Yesss, the Swiss did it!!!

And the locust swarm takes off to greener tax fields.

A company likes yours is a plague to any stable economy. With only one incentive: to fleece the most out of a countries tax system, ready to move an other place once it is no longer the best deal.

Such a company is not a positive asset for the local economy but a constant risk. It is like the Olympic games, lot of people come from aboard, vast infrastructure is build and maintained for a short period. But once the party is over and the dust settled, you have no need for all what is there, none off so called high skilled worker has contributed anything of real value, and you are left with a huge debt. Just with the difference that with the Olympic Games you know the exact date when the party is over.

You can only lose with such companies. Regardless what you do. Need proof?

See, you were against UST III
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However the new corporate tax reform that will abolish the special taxation system is going to affect us and our company is evaluating other countries for a relocation.
UST III was not approved. Instead of being happy your company still decided to leave. So what? Should we kiss your ass and lick your shoes? Would that be better? Na, pass that and leave it to the kinky Netherlanders.

PS: Pretty sure your IT staff is all in joy with the prospect of getting their paycheck not halved but reduced to a third of the current amount.
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  #35  
Old 23.04.2017, 12:32
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Re: Yesss, the Swiss did it!!!

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leave it to the kinky Netherlanders.
Uhhhhhmmmmmmm Lots here on this forum?
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  #36  
Old 23.04.2017, 13:47
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Re: Yesss, the Swiss did it!!!

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And the locust swarm takes off to greener tax fields.

A company likes yours is a plague to any stable economy. With only one incentive: to fleece the most out of a countries tax system, ready to move an other place once it is no longer the best deal.

Such a company is not a positive asset for the local economy but a constant risk. It is like the Olympic games, lot of people come from aboard, vast infrastructure is build and maintained for a short period. But once the party is over and the dust settled, you have no need for all what is there, none off so called high skilled worker has contributed anything of real value, and you are left with a huge debt. Just with the difference that with the Olympic Games you know the exact date when the party is over.

You can only lose with such companies. Regardless what you do. Need proof?

See, you were against UST III


UST III was not approved. Instead of being happy your company still decided to leave. So what? Should we kiss your ass and lick your shoes? Would that be better? Na, pass that and leave it to the kinky Netherlanders.

PS: Pretty sure your IT staff is all in joy with the prospect of getting their paycheck not halved but reduced to a third of the current amount.
To be honest, your post could have been aimed at Switzerland as easily as at the companies.

I think many other countries consider Switzerland to be a plague to their economies and is fleecing their tax bases.
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  #37  
Old 23.04.2017, 13:58
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Re: Yesss, the Swiss did it!!!

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as far i am concerned I am happy to leave Switzerland, one of the most unimpressive and depressing country on Earth
You were doing well until you lowered yourself to writing this. Clearly the country isn't so bad for you to live in otherwise you wouldn't be writing a sarcastic and pissed off post about leaving it.
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  #38  
Old 23.04.2017, 14:09
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Re: Yesss, the Swiss did it!!!

Rents and other costs (staffing, infrastructure) are more expensive in CH than a lot of places. Offshoring is an increasing reality and its cumulative impact will not be slight.
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  #39  
Old 23.04.2017, 15:15
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Re: Yesss, the Swiss did it!!!

Same shit with the service of oracle, there is nobody left in switzerland, so you have to talk somebody in portugal or germany.
Which increased the time , oracle needs to reply, in a drastic way.
You will need at min half a day to response, if the problem is bigger, it could takes weeks .
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  #40  
Old 23.04.2017, 15:37
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Re: Yesss, the Swiss did it!!!

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Hey give him a break- he doesn't like Switzerland and wants to go elsewhere that (might) will suit him better- that is totally fine...
I fully agree with that. What I object to is their gratuitous sourness, as if they are saying "I hate the fact that most expats in Switzerland seem to be happy and successful, while I'm not."

If they had said "It hasn't worked out for me, so I'm pleased I'm going elsewhere. Good luck everyone", I'd have given a Thanks. Their message is unnecessarily rude and bitter, and reflects much worse on them than on Switzerland.

I wish no harm on the person, but if they are that jaundiced then Switzerland will also be a slightly happier place, just as they may be more content elsewhere too. It's a win-win.
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