Tax representation in Switzerland by Swiss Financial Company & Trust SA
Contributed by Swiss Financial Company & Trust
04 June, 2018
Swiss Financial Company & Trust SA is a fiduciary based in Lucerne and Geneva, specialising in tax representation for VAT in Switzerland. We work with the tax authorities and handle all of the tax and declarative procedures with which you must comply in Switzerland.
We can provide you with all of the legal, fiscal and administrative services you need to kick-start your business in Switzerland with a view towards building a long-term presence in the country.
Tax representation for VAT in Switzerland
Since 1st January 2018, all companies, whether based in Europe or elsewhere in the world, who provide services in Switzerland and whose annual turnover in Switzerland and overseas is at least CHF 100,000 (around 85,000) as a result of taxable activity must register for VAT in Switzerland. Global turnover is the figure now used to determine whether or not a company must register for VAT.
From 1st January 2019 onwards, mail order companies or individuals sending small parcels exempt from import taxes (for imports that are not in excess of CHF 5) from France to Switzerland with a total value of at least CHF 100,000 each year will now be liable for tax in Switzerland.
If your company is not domiciled in Switzerland and does not have a head office or permanent establishment in the country and your annual turnover, both globally and within Switzerland, is at least CHF 100,000, you must register for VAT in Switzerland. In such cases, Swiss legislation requires that you have a tax representative in Switzerland.
Our tax representation office is not considered as being a permanent establishment by the tax authorities in Switzerland. As a tax representative, we will be responsible for processing all correspondence from the Federal Tax Authorities (AFC - Administration fédérale des contributions) relating to your company. The fiscal representative will be the point of contact for the foreign company within Switzerland, with our offices available in the event of any possible VAT audits. It will remain the responsibility of the foreign company liable for tax in Switzerland to ensure any outstanding VAT is paid.
In order to be able to enjoy these benefits, your company must have a tax representative in Switzerland, a service which we provide in our role as a fiduciary.
What we do as a tax representative for VAT in Switzerland:
- Provide you with advice regarding your tax obligations in Switzerland
- Provide you with tax representation for VAT returns
- Carry out regular document audits
- Collect VAT in Switzerland
- Determine the consistency of annual turnover figures and input tax (taxable turnover within Switzerland)
Setting up your company in Switzerland (branch or subsidiary)
Swiss Financial Company & Trust SA provides proactive support for all international companies in the process of setting up in Switzerland. Drawing on more than 12 years of experience, we have helped more than one hundred companies from both Europe and elsewhere in the world to begin operating in Switzerland, across a wide range of sectors.
This means that we are ideally placed to help you make the right decisions and to provide the best possible guidance to enable you to get the most out of your company as securely as possible. When it comes to setting up your company, whether it's in Francophone or Central Switzerland, we'll be with you every step of the way, leaving you to take care of what matters most: developing your business.
Our fiduciary services
- Tax representation in Switzerland and VAT
- Creating and setting up branches of French companies
- Creating and setting up subsidiaries of French companies (limited liability companies and limited companies)
- Company domiciliation, office and conference room rental
- Opening bank accounts
- Permits for working and living in Switzerland
- Administrative and accounting services and income tax returns
- Legal advice and tax advice
- Financial advice
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