Employing in Switzerland

Switzerland stands out as a stable and prosperous market, making it an attractive choice for businesses seeking expansion. Operating in Switzerland requires strict compliance with the Swiss Code of Obligations and diverse cantonal laws.

TopSource Worldwide ensures seamless adherence to these regulations, providing comprehensive support in areas such as work permits, payroll processing, tax deductions, and employment contracts. Our services ensure that businesses hiring employees in Switzerland navigate the intricate legal landscape effortlessly, allowing them to focus on their core operations and growth objectives.

With expertise in Swiss labour laws and a commitment to compliance, TopSource Worldwide is a reliable partner for businesses navigating the Swiss business environment.

Contents

Our Expertise

Managing a global workforce in Switzerland

Managing a global workforce in Switzerland involves navigating a multilingual environment and understanding local business etiquette. The Swiss workforce is known for its high skill level and efficiency. TopSource assists businesses in integrating these unique aspects into their workforce management, ensuring smooth operations and cultural alignment.

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Extensive expertise

Our team of experienced, knowledgeable staff collectively provide up-to-date employment information across 180 countries, so you can always get accurate advice.

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Entity-free employment

Feel free to hire employees from all over the world without being weighed down by setting up entities, running complex payroll or recruiting a hiring team.

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Payroll without hassle

Have the confidence that your staff will always be paid accurately and on time, so that you can focus on your core business activities and work towards your success. 

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Always-on support

Access helpful, relevant, personalised advice whenever you need it, along with expert-led recruitment policies and tried-and-tested HR best practices. 

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Global Employee Cost Calculator

Estimate the cost of your new hire with our calculator. Simply enter their location and salary information in to this handy tool to see what will be spent in employment costs each month.

Employment Cost Calculator

Switzerland
British Pound
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Switzerland

British PoundSwiss Franc
Base Salary (per month)£6,646.81CHF 7,678.88
Local employer's costs£0.00CHF 0.00
Total Cost (Annual)£79,761.68CHF 92,146.59
Hiring in Switzerland

Please note - the above costs are an estimate, and the actual amount may differ based on a number of variables.

This calculation includes an estimate for Occupational Pension, however this can vary based on the employee's contribution as well as their age group. The estimate does not include any Pillar 3 pension contribution as it is not mandatory, but can be quite common.

Additional setup and management fees may apply.

TESTIMONIALS

Hear from our clients about our EOR solutions in Switzerland

"With TopSource we were able to have employees hired or maintained in Nutreco without having to establish an entity in these countries for only 1-2 employees. I think most countries are covered by TopSource, so they can help us with almost all cases. Good advice on conditions and direct contact with employees. Invoicing done directly to the company. An easy process compared to hiring employees by ourselves."

Annette van Duijnhoven
Nutreco

”We searched the market for a local payroll vendor in 2014 and we chose TopSource as our partner. We were looking for error-free and timely payroll processing and TopSource Worldwide delivers this, saving us time and money. We have worked together for 8 years now and would recommend them to anyone."

Praveen Lihinar
Sungard

”TopSource Worldwide has a detailed and methodical onboarding process that made it easy for us to get set up and running with our UK employees. They were able to take the worry out of trying to comply with all local laws and regulations. Because they have this knowledge we do not have to research on our own and hope we are in compliance. This has saved us hours of time and gives both the company and employees a sense of security."

Supervisor
Client based in Ft Worth, Texas, USA
Global Expansion strategy

Personalised Employer of Record services in Switzerland

TopSource Worldwide provides personalised EOR services in Switzerland, catering to the specific needs of your business. This includes handling employee onboarding, payroll processing, tax compliance, and HR support, tailored to Swiss standards and regulations.

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End-to-end Switzerland payroll services

Looking to expand into Switzerland? Our unparalleled expertise in global payroll services ensures that your business can seamlessly navigate the complexities of payroll on a global scale, supporting your Swiss expansion initiatives.

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Global entity management

Venturing into the Swiss market can be both exciting and challenging. With distinct business regulations, cultural nuances, and economic landscapes, it's essential to have a clear roadmap for your business establishment journey.

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Accounting

Whether your goal is to process your purchase-to-pay transactions with minimum errors or manage your expense claim procedure, our team of experts can handle your accounting responsibilities, allowing you to focus on your core business and save time and money.

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Global EOR services

Managing a diverse global workforce can be complex. This is where TopSource steps in as an invaluable Employer of Record services partner for companies seeking to expand their global reach while ensuring compliance with local employment laws and regulations.

Global Expansion Simplified

How to do business in Switzerland

Entering the Swiss market presents a mix of excitement and challenges. Given unique business regulations, cultural intricacies, and economic dynamics, a well-defined roadmap is crucial for a successful business establishment.

TopSource Worldwide is with you at every stage. Whether it's navigating local regulations or facilitating seamless operational transitions, our expertise ensures a swift and efficient process for establishing your business in Switzerland.

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Switzerland Insights

Key insights into Switzerland's landscape

VAT Rates

VAT rates : Standard rate is 7.7%, reduced rate for certain goods and services is 2.5%, and special rate for lodging is 3.7%.

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Ease of Doing Business rank: As of 2020, Switzerland ranked 36 among 190 economies in the ease of doing business index, according to the World Bank's annual ratings.

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Consumer Confidence Index: In November 2022, the consumer confidence index of Switzerland was 97.

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Employee maternity/paternity leave: Maternity leave in Switzerland is 14 weeks; paternity leave is 2 weeks. Both are paid leaves, providing financial support during this period.

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Employee termination period: Employee termination period in Switzerland varies by length of service, ranging from 1 to 3 months' notice, depending on the contract terms.

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Employee salary pay date: In Switzerland, employee salary pay dates vary by company, commonly paid monthly on a date specified in the employment contract.

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Bank holidays: Switzerland's bank holidays include New Year's Day, Good Friday, Easter Monday, Labour Day, Ascension Day, Swiss National Day, and Christmas Day.

Employ and pay anywhere

Specialising in multi-country payroll solutions

TopSource Worldwide offers comprehensive payroll outsourcing services, ensuring seamless and accurate management of your organisation's payroll functions. With cutting-edge technology and a team of experienced professionals, we handle payroll processing, tax compliance, and regulatory requirements with precision.

Our author

Mark Robbins

Global Sales Director

Mark is the Sales Director at Topsource Worldwide. He has been a pioneering figure in the global expansion space since 2013. He is the first salesperson to sell EOR services in Europe, a feat he accomplished in 2013. 

Published 2023-11-14 00:00:00

Updated 2023-11-15 00:00:00

Adrian Cooney

Reviewed by:

Adrian Cooney

Adrian Cooney

Fact checked by:

Adrian Cooney

Calculate Your Employer of Record Taxes in Seconds

Employment Cost Calculator in Switzerland

Our Employment Cost Calculator simplifies complex tax calculations for global businesses. Accurately assess tax obligations, ensuring compliance with local regulations. Streamline payroll management effortlessly with our user-friendly tool, providing transparency and efficiency in international workforce taxation.

In addition to calculating your EOR taxes, our calculator can also help you:

  • Understand the different types of EOR taxes
  • Stay up-to-date on the latest changes to EOR tax regulations
  • Avoid penalties for non-compliance

Employer of Record FAQ

Frequently Asked Questions about Swiss employment solutions

What is an Employer of Record in Switzerland?

An Employer of Record (EOR) is a professional services provider that assumes the responsibility of being the legal employer for a company's workforce in Switzerland. This entails managing tasks such as payroll processing, tax withholding, benefits administration, and ensuring compliance with local labour laws and regulations.

How do global employment services work?

Global employment services operate as a comprehensive solution for businesses seeking to expand their workforce across borders. These services, often provided by Employer of Record (EOR) companies like TopSource Worldwide, streamline the complexities of international employment.

What are the benefits of working with an Employer of Record in Switzerland?

Employer of Record companies assume the legal responsibilities associated with employment, alleviating the burden of compliance, payroll, and HR management in Switzerland. This allows companies to expand globally without the complexities of establishing legal entities in each location.

What is the difference between EOR & PEO?

An EOR acts as the legal employer, handling tasks like payroll, tax compliance, and benefits administration. This allows companies to expand internationally without establishing legal entities. On the other hand, a PEO shares employer responsibilities with the client company, often co-employing workers.

How are employer payroll taxes calculated in Switzerland?

Calculating employer payroll taxes involves understanding the various taxes associated with employing workers and complying with tax regulations in Switzerland. Key components include federal and state income taxes, Social Security, Medicare, and unemployment taxes.

What global employment solutions does TopSource offer?

TopSource Worldwide facilitates hassle-free global expansion by acting as the legal employer, handling payroll, tax obligations, and HR responsibilities. With expertise in global entity management, TopSource assists businesses in navigating the intricacies of legal structures across borders.

Let's get started

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