If a Swiss resident decides to become self-employed and set themselves up as a sole trader there are a number of processes to go through to achieve the status of being self-employed. We regularly assist individuals in becoming self-employed and being registered in the Geneva Commercial Register as being sole traders. This covers both advice to individuals concerning the alternative economic structures that can be registered as well as the tax consequences of the registration. We also advise individuals on how best to set up their accounting records to minimise the work required to have accounts at the year end. This is an important step as a local lawyer found out – the accounts were required to be filed with her tax declaration and as they had been set up correctly by us she had minimal work to file her accounts with her tax declaration.