Swiss VAT
Dilytics helps you manage your value-added tax
You can rely on our experts to draw up your Swiss VAT statements or register with the tax authorities.
Get your taxes in order
Swiss VAT liability
Value added tax (VAT) is a charge that is paid by the person purchasing a product or service. In Switzerland, the VAT rate is determined by the sector of activity.
- 7.7% is the standard rate for most goods and services
- 2.5% is the reduced rate for essential goods such as food and medicines
- 3.3% is the special rate that applies to the hotel sector
It is important to note that some activities such as education and health are exempt from VAT. For more information, please contact our experts.
Am I liable to VAT?
Any company that exceeds an annual turnover of CHF 100,000 is subject to VAT. This rule also applies to individual companies. Non-profit associations must apply VAT if their turnover exceeds CHF 150’000.
Legal entities and physical persons who are subject to VAT must register with the Federal Tax Administration (FTA).
When do I have to register my commercial activity with the FTA ?
In Switzerland, it is compulsory to register as a taxable entity as soon as your projected turnover reaches CHF 100,000 during the fiscal year in which you operate. Once this figure has been reached, you have 30 days to register with the FTA and and obtain your VAT registration number.
In addition, if you have just started your business and have not yet reached an annual turnover of CHF 100,000, voluntary taxation may be a good option. Indeed, such a proactive approach allows you to reclaim the VAT on the products and services you purchased when you started your business.
Why should you trust our experts?
VAT liability and settlement are not simple actions to carry out. Moreover, an omission or error can open the door to financial risks. Non-taxation can lead to the automatic payment of VAT with default interest or to the imposition of a financial penalty.
Regardless of the size of your company, our team of experts is available to assist you in your VAT related activities. Our team can help you with the following tasks:
Analysis of your VAT status
Announcement and registration with the tax authorities
Preparation of your Swiss VAT statements
Advice on corporate tax issues
Do not hesitate to ask for a quote if you have to declare your Swiss VAT or if you want to talk to a specialist to clarify your situation.
