VAT registration
VAT registration is an important step for any business, but it can be a daunting one. That is where we come in!
Every business is unique, which is why our service does not stop at paperwork. We will give you personal advice on whether you need to register for VAT, either compulsorily or voluntarily, and discuss the benefits and obligations of VAT registration.
Save yourself the stress and avoid making mistakes that could have far-reaching consequences for the future of your business.
- Advice tailored to your needs
- We take care of everything for you
- Follow-up of your request and answers to FTA's questions
Our assistance
Our assistance includes the following :
- Personalized consulting session (videoconference or telephone).
- Detailed analysis of your VAT situation.
- Help in choosing the right VAT registration method.
- Preparation of VAT registration form.
- Follow-up of the application with the Federal Tax Administration (FTA).
We take care of everything for you, so you can concentrate on your core business!
Answers to your frequently asked questions
Your company may be subject to compulsory or optional VAT registration, depending on the level and type of sales you generate.
In Switzerland, the threshold for VAT liability is a turnover of CHF 100,000 per year. This turnover includes not only those generated in Switzerland, but also those generated abroad. If you exceed the threshold of CHF 100,000 per year, you are subject to compulsory VAT. However, not all sales are necessarily taken into account in calculating the above-mentioned threshold.
It is also tricky to estimate future turnover when you are just starting out your business activity.
That is why we can advise and help you find out whether or not you need to register for VAT and since when.
We are committed to helping you make the decision that best suits your business and your objectives.
Foreign companies providing services in Switzerland must also consider whether they are liable for Swiss VAT. To determine their tax liability in Switzerland, foreign companies have to take into account both turnover in Switzerland and abroad. This is referred to as worldwide turnover.
The foreign company's worldwide turnover must therefore be qualified according to Swiss VAT rules. Once this has been done, the foreign company will be able to determine whether or not it is subject to compulsory Swiss VAT registration. There are many exceptions and special rules, which is why it is important to consult a VAT advisor during this step.
In addition, any foreign company wishing to register for VAT will need to call on the services of a VAT fiscal representative. This is a legal obligation that can be fulfilled by hiring HTVA as a fiscal VAT representative.
Contact us to find out which Swiss VAT rules apply to your company.
The effective method involves declaring sales and input tax incurred for the accounting period (quarterly basis). On the one hand, the company declares the services on which VAT will have to be paid, and on the other, takes into account the recoverable input VAT.
The lump-sum method allows the company to account for VAT only on sales, without determining the input VAT on expenses. It is done by multiplying the turnover (including VAT) by the net tax liability rate (TDFN) granted by the FTA. the TDFN rates vary according to the nature of business conducted by the company. Please note that this method is optional and that it is not suitable for all companies.
Since every company is different, it is important to carry out an analysis to determine which method is the best.
We can advise you on your choice of VAT registration methode, which will enable you to:
- optimize your processes (VAT liability, frequency of VAT statements)
- optimize your input VAT recovery right.
Please note that a change of method is possible during the course of your VAT liability, at the start of each tax period, with a 60 days deadline.
We are happy to assist you to determine the impact of a change of method for the next tax periods.