SWISS ADMINISTRATION

Taxes

For those living in Switzerland

For all foreign employees in Switzerland withholding tax is deducted at source (P.A.Y.E. pay as you earn). It means that withholding tax is deducted directly from the salary every month. The tax percentage deducted varies depending on the canton. In order to determine your tax level, certain criteria as your marital status, your children and your salary level are taking into account. 

To determine your tax level, please refer to the relevant canton website (ex: Vaud).
 

For those living in France (Frontaliers)

You are not taxed at source and you must provide an “attestation de residence fiscale” that you can obtain directly at the prefecture of your place of residence.

You will pay your taxes to the French Government, to determine your tax level, please refer to the French Government.
 

To calculate your level of Salary

In order to evaluate your net salary income, you can either calculate yourself with the link above or use this link.

Permits

Swissquote is taking care of your Swiss work permit application, you will only need to provide documents. As a citizen of an «Etats-Tiers», you’re not allowed to work until your permit is delivered.

Your OriginWhere you will livePermit typeDocuments you will need to provide to Swissquote
EU Citizen


Switzerland

France


B

G

ID, ID pictures, Signed Contract
Non EU Citizen


Switzerland

France



B

G (only if you have a valid residence permit to stay in France)

Passport, Copy of all diplomas, updated CV, 2 ID pictures, Signed contract

** non EU countries or the one without agreement with Switzerland such as USA, Russia, Ukraine, Romania, Bulgaria, Croatia…
 

  • What about family reunification? Please inform your HR administration contact on your marital status and parental status (number of children, their ages, etc). They will accompany you through the permit process.
     
  • If you are a non EU Citizen, please check your visa status before coming to Switzerland. In fact, having a Swiss work permit doesn’t allow you to enter the territory.
Permits: FAQ
Retirement

The 3-pillar system: in Switzerland, you have a duel system by participation & by capitalisation.

Need Help?

Don't hesitate to contact our HR team at contact@hr.swissquote.com and consult our FAQ page.

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Be aware of the risk

Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not speculate, invest or hedge with capital you cannot afford to lose, that is borrowed or urgently needed or necessary for personal or family subsistence. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. The content of this website represents advertising material and has not been submitted to nor approved by any supervisory authority.