{"id":2639,"date":"2018-03-14T10:49:02","date_gmt":"2018-03-14T09:49:02","guid":{"rendered":"https:\/\/www.asd-int.com\/?p=2639"},"modified":"2021-11-18T16:08:00","modified_gmt":"2021-11-18T15:08:00","slug":"vat-registration-changes-in-switzerland","status":"publish","type":"post","link":"https:\/\/www.asd-int.com\/en\/vat-registration-changes-in-switzerland\/","title":{"rendered":"VAT registration changes in Switzerland"},"content":{"rendered":"

The Swiss Houses of Parliament have revised the VAT legislation on 29th September 2016.<\/p>\n

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Until now, a foreign company had the obligation to register for VAT in Switzerland, as soon as its taxable transactions in Switzerland reached 100,000 CHF (approximately \u20ac85,000).<\/p>\n

As of 1st January 2018, this threshold of 100,000 CHF will apply to the global turnover of the company. From the first euro in Switzerland, if your global turnover exceeds 100,000 CHF, you will be subject to the Swiss VAT.<\/p>\n

This change in the Swiss regulations will have a significant impact on the many companies carrying out taxable transactions in Switzerland, or wishing to develop there.<\/p>\n

Indeed, the country estimates that nearly 30,000 foreign companies will have to register for VAT as of 1st January 2018.<\/p>\n

When filing out your declarations, it is important to indicate in which country the services or\/and goods are provided.<\/p>\n

Other changes in Swiss legislation<\/h2>\n

On 29th September 2016, the Swiss Houses of Parliament revised the VAT legislation. As a result, apart from the VAT identification threshold, several other changes have been implemented:<\/p>\n