SARL to FIRE without stress?

[racletteforall]

This might sound a little bit illegal, let's say it's a brainstorming idea, but if you have any friend with a business you can simulate a contract with the minimum % of workload to have the C permit and return him the money spent on your monthly payroll.

 

[gaijin]

I strongly suggest to keep this as a brainsorming idea and not put it into practice Even in Switzerland, there are some checks before granting a C permit. I would consider the risk of permanently loosing your permit much too high.

 

[BRiquet]

For those interested I spoke to a professional this morning about the SARL option:

• It would be totally legit (and fairly common) to manage our own money in a SARL.
• No need to have clients or charge fees or god knows what, just managing your own money is good in itself.
• Creating a SARL would cost about 1200chf and take about a month. Then there are some recurring fees like the bank pro account fees, potentially an accountant (although you could also take care of it yourself), insurance...
• Tax wise its what we knew already:
  • You are taxed on benefits although you can deduct salaries from the benefits so if optimizing you could avoid generating benefits.
  • You are then taxed on your salary (which obviously is more taxation than no taxation at all).

 

[gaijin]

Interesting, thanks for checking.

and fairly common

How did they define fairly common? Maybe I have other types of friends, but I don't know anybody who does that.

 

[BRiquet]

How did they define fairly common?

ahah yes - was meant more in the sense that I would not be the first one they see

 

[Baptiste Wicht]

For those interested I spoke to a professional this morning about the SARL option:

Thanks for sharing!

Creating a SARL would cost about 1200chf and take about a month. Then there are some recurring fees like the bank pro account fees, potentially an accountant (although you could also take care of it yourself), insurance...

The mandatory recurring costs are very little actually. In our case, we do our own accounting, so there is nothing else than the 36 CHF per year for the bank account.

Tax wise its what we knew already:

I think the main costs won't be tax, but social insurance costs. You will need to pay unemployment, social security, APG, family contributions, and second pillar on your salary.

 

[BRiquet]

I think the main costs won't be tax, but social insurance costs. You will need to pay unemployment, social security, APG, family contributions, and second pillar on your salary

Right - although philosophically speaking I find this portion more acceptable in the sense that it grants me benefits (higher pension when I reach 65yo, etc). While the benefit of paying tax is for sure less palpable (other than the greater good )

 

[Max]

you can simulate a contract with the minimum % of workload to have the C permit

Actually, employment is not a mandatory requirement for a C permit. It is the participation in economic life (= independence from social assistance).

Federal Law on Foreign Nationals and Integration
Art. 34 Permanent Residence Permit
2 A permanent residence permit may be granted to foreign nationals if:
...
c. they are integrated.

Art. 58a Integration Criteria
1 In assessing integration, the competent authority shall take the following criteria into account:
...
d. participation in economic life or in education.

Ordinance concerning admission, residence, and the pursuit of gainful employment
77e Participation in economic life or acquisition of training

A person participates in economic life when their income, wealth, or benefits from third parties to which they are entitled allow them to cover the cost of living and fulfill their maintenance obligation.