Payroll administration in Switzerland is a quite complex process and is usually conducted by the senior management in a company. However, the current tendencies show that more and more Swiss companies require the services of specialists to handle HR and payroll administration. Payroll management in Switzerland implies the following activities:
Our lawyers in Switzerland may also help you by providing you all the information related to the tax legislation at cantonal and federal levels.
When preparing the payroll for its Swiss employees, a company must take into account all the taxes to be paid. Swiss companies are required to withhold the following taxes and insurances:
The Swiss Employment Law also requires employers to grant a 20-day holiday per year to their employees. The holiday pay must also be calculated on a daily rate of 8.33% of the global salary and must appear on the salary statement.
With respect to the tax rates paid for the social security and other contributions, these are:
The Swiss legislation also establishes payment rules on an hourly, daily, weekly, monthly and annual basis.
Our law firm in Switzerland provides the following payroll and HR administration services:
With respect to foreign employees, the legislation provides more complex regulations which depend on the type of Swiss work permit granted to the employee. These regulations depend on the canton the employee is registered in. For detailed information about the taxation system applicable in each canton, please contact our Swiss attorneys.
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