Businesses with low revenue can switch to annual VAT returns easily. Thousands of businesses are already submitting their VAT returns annually rather than quarterly. This is achievable for businesses with an annual revenue not surpassing CHF 5,005,000 and that have filed and settled their returns promptly for the last three years. Changing is easy and can be performed directly in the ePortal servi... Read more

Foreign companies must register for VAT in Switzerland under several conditions, such as exceeding a global revenue threshold of CHF 100,000, storing goods in Switzerland, selling under the DDP Incoterm, or organizing events. To register, companies must appoint a Swiss tax representative and may need to deposit a tax bond, typically 3% of projected annual turnover. Required documents include the c... Read more

The Swiss VAT Act establishes VAT as a general consumption tax based on the net all-phase system with input tax deduction, designed to tax final domestic consumption. It defines the three types of VAT—domestic tax, acquisition tax on services from abroad, and import tax—while setting out fundamental principles such as competitive neutrality and efficiency. The Act provides comprehensive definitions of goods, services, remuneration, and taxable supplies, forming the basis for determining VAT liability. Read more

The Swiss VAT Ordinance provides detailed rules for how the VAT Act must be applied in practice, including definitions of supplies, place of supply, and taxable transactions. It clarifies how imports, warehouse deliveries, and mail-order supplies are treated for VAT purposes and defines when a business becomes liable for VAT. Read more

Swiss VAT is a general consumption tax based on the net all-phase system with input tax deduction, taxing value added at each stage until the final consumer. The law defines three types of VAT: domestic tax (on Swiss supplies), acquisition tax (on services from abroad), and import tax (on goods entering Switzerland). Core VAT principles include competitive neutrality, efficiency, and transferability, ensuring fair and transparent taxation. Read more

This document provides a comprehensive overview of the Swiss QR-bill system, which replaced the outdated orange and red inpayment slips (ISR) starting October 1, 2022, to simplify electronic and manual payments. It details the structure of a QR-bill, including its invoice, payment, and receipt sections; important components like the Swiss QR Code, QR-IBAN, and reference numbers; as well as the payment flow and advantages for both merchants and customers. Read more