Company TaxationFiscal Law

Tax law: How does the VAT work?

6 June 2022
In principle, companies have to pay value added tax (VAT) to the state.  VAT is a consumption tax that was introduced in 1995. The tax is levied on companies that charge it to customers for their products and services. This is mentioned in the receipts (look at the “pre-tax value and value including VAT”!).  Here are the applicable legal rates: Standard rate: 7.7% (cars, watches…
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Company TaxationFiscal Law

6 June 2022
Every company, no matter its legal form, must complete a tax declaration. It must be sent to the competent cantonal tax authority before 30 April, if the accounts were closed on 31 December of the previous year.  In the tax declaration, which is often completed by a third…
Company TaxationFiscal Law

Tax law: I want to create an international subscription for my clients, which VAT do I apply?

6 June 2022
You offer a subscription available internationally for your clients. As it is a service, the subscription will be subject to value added tax (VAT). It is legitimate to wonder which rate will apply, since the subscription is offered internationally. Lawrence answers this question.  In principle, any taxable service provided and carried out in Switzerland is subject to Swiss VAT. This is also the…
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