Physicians
Healthcare in Switzerland is in the midst of transformation: Medical, technical and social trends are driving complexity in the sector - and changing the way you, as a medical practitioner, work. BDO's business experts appreciate the specific challenges you face. We support you with bookkeeping, everyday finance and business topics and questions on tax and pensions.
More than 400 physicians across Switzerland have already placed their trust in us. Let's start a conversation about how we can help you, too.
Services at a glance:
Opening a medical practice
Setting up your own practice is a major turning point in your career. Preparation is key – and it’s often administrative topics you need to consider: selecting the right partner, developing a business plan, applying for a professional licence, choosing your legal form, deciding what software to use and arranging supplier contracts. Then there are the financial questions. How will the practice be financed? Do we have enough capital of our own?
With our deep knowledge and extensive experience, BDO is committed to you and the success of your venture – from preparation to opening day. You’re free to focus on your core topics, like technical infrastructure, recruitment and process organisation.
Conversion to legal entity
Are you thinking about converting your business from a sole proprietorship to legal entity?
Many medical practitioners consider changing upgrading their sole proprietorship to a limited liability company (GmbH/Sàrl) or company limited by shares (AG/SA). The step needs to be well thought through and planned. Which legal form makes most sense for you? Will you need an auditor? Will you need to renew your cantonal operating licence? What’s the best way to combine salary and dividend components? We explore these questions with you and make tailored suggestions based on our vast practical experience.
Are you considering a practice merger?
If you’re planning to join forces with another practice, you’ll have lots of questions. What’s the most appropriate legal form? How will you tackle bookkeeping and taxes? How can you ensure fairness of overhead allocations, salaries and bonuses as well as equal treatment of employees? And what about practice valuation and value adjustments in connection with the merger? Our range of services addresses all of these topics and empowers you to realise your plans smoothly.
Succession planning
Are you planning to sell your practice to a trustworthy, suitable successor?
Succession planning is possible: Allowing plenty of time for the process supports a relaxed handover, honours your responsibility towards patients and helps you secure an attractive sales price. We work with external partners in our search for suitable successors for your practice.
Taxes
Setting up on your own radically changes your tax situation. Our experts help you safeguard compliance with tax obligations and show you how you can optimise your tax situation. We combine a long-term and sustainable tax strategy that considers your personal situation and pension with tax benefits. Founding a limited liability company or company limited by shares can bring significant tax advantages, depending on where you live.
With a decentral structure and 30 offices around Switzerland, we’re always close to our clients - and the cantonal tax authorities.
Modern bookkeeping and optimised reporting
We bring you cost-effective bookkeeping with efficient tools and optimised processes. Let us show you how digitalisation can benefit you.
If you wish, we can take care of day-to-day administration for you. You define which bookkeeping and closing tasks you wish to delegate.
- You do your own bookkeeping using your practice software or in the BDO Cloud; we support you with closing and tax optimisation.
- You record data using your practice software and send us the documents electronically; we process documents (bookkeeping entries, VAT returns, interim accounts, budget tracking, etc.).
- You prefer to outsource your entire bookkeeping function and provide all physical vouchers after the payment date. We carry out bookkeeping and prepare your financial statements.
HR administration and payroll
HR administration is about so much more than just selecting new employees. The payroll also needs to happen on time and accurately – every month, without exception. It’s important to have specialist knowledge of the underlying processes, especially as exceptions and unusual cases can cause headaches in your daily business. We ensure that salaries are paid correctly and punctually and that the social security contributions are right.
Benefit from the following payroll services:
- Payment of salary and expenses
- Preparation of salary certificates
- Management of vacation and overtime
- Management of personnel files
- Recruitment of new employees
- Temporary deputisation
- Year-end processes
Discover more about payroll here:
Learn more