Switzerland is planning to require non-resident companies that provide services in Switzerland to charge Swiss VAT on the services at a rate of 8%. There is a need for all foreign service providers to comply with this requirement so that Swiss service providers can be given a realistic price comparison. In future any foreign companies that offer services in Switzerland as a one-off service or on a temporary basis will need to register for VAT. The Swiss government is to set a registration threshold of CHF 100,000 of the total global income of the foreign company, in order to prevent some smaller companies being given an additional compliance burden. This measure will give rise to an extra CHF 10m government income per annum.
Switzerland: Consults on revised rules for expats
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