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there is no contracting as you might be used to from other jurisdictions such as Germany. All invoices run through umbrella companies of which you'll be a perma
by DyslexicAtheist 6y ago
there is no contracting as you might be used to from other jurisdictions such as Germany. All invoices run through umbrella companies of which you'll be a permanent employee. you can set up your own Ltd (GmbH) however I'm not familiar with any freelancer that goes that route. I own a "sarl" set up in Geneve and I live in Zug (whenever I'm there) but since we have employees it is a different use-case and taxes are very low in Zug. I urge you to talk to an accountant in case you do anything other than become an employee (regardless of that read up on the tax burden before settling for a flat).
the rent is high all over the cities but salaries usually reflect high cost of living.
you might be working with people in the banking sector or even get a gig in a bank yourself. In that case you should read "Treasure Island" to understand some of the conservative mindsets (and ethical dilemmas) of the region. https://en.wikipedia.org/wiki/Treasure_Islands:_Tax_Havens_and_the_Men_Who_Stole_the_World https://en.wikipedia.org/wiki/Treasure_Islands:_Tax_Havens_a...
- JacKTrocinskI 6y agoThanks, I will take a look into the book. Yes, in the past I worked for Credit Suisse and I aim to continue to work in the banking/financial industry.