You may be aware that imminent changes in the law governing Swiss VAT (value-added tax) are set to have a major impact on businesses in both Switzerland and abroad. The main change for foreign companies relates to the VAT registration requirement: Any foreign business with global turnover of CHF 100,000 or more will now have to register for Swiss VAT from the first franc of revenue they generate in this country.
Other changes include the following:
- A reduced rate of VAT will apply to supplies of electronic books, newspapers and magazines
- VAT exemptions will be extended
- There will be changes in the VAT arrangements for pension funds
To help you understand these challenges and stay on the right side of Swiss VAT law, on 11 December at 2pm (GMT+01:00) we at PwC will be holding a free webinar looking at the main changes and their implications.
You’re warmly invited. Please sign up HERE.