Business Management
June 3, 2023 |
David Merz
Switzerland is a highly developed, landlocked country in Central Europe which is renowned for its political stability, strong economy, high standard of living, and business-friendly environment. Furthermore, it boasts an impressive financial sector, excellent infrastructure, and a highly skilled workforce, making it an attractive jurisdiction for entrepreneurs looking to set up a company abroad. In this article, we will explore the advantages of establishing a business in Switzerland, and compare the two most popular legal company forms available.
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June 2, 2023 |
David Merz
Electronic archiving of accounting data has grown significantly in recent years due to the increasing amount of digital information generated and the need to manage it efficiently and securely. In Switzerland, the adoption of e-invoicing has become common practice. In this article, we discuss some practical guidelines and requirements of electronic archiving in Switzerland, explore the benefits of e-invoicing compared to traditional paper invoicing, and answer some important questions related to tax implications and other factors.
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June 1, 2023 |
David Merz
Are you ready to start your own trading company in beautiful Switzerland? We at Nexova AG are here to help you take this exciting step. As experienced experts in company formations and commercial structures, we make your company formation process simple, efficient, and effective.
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May 30, 2023 |
David Merz
Choosing the right location is crucial when it comes to starting a business. In this blog post, we present a detailed comparison between Switzerland and Germany to help you make the right decision, discover the respective framework conditions, and learn what advantages and challenges both countries have for start-ups.
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May 30, 2023 |
David Merz
In this article, we will explore and compare the concepts of accounts receivable and accounts payable. These two accounting components are at the heart of every successful business and are crucial for managing your liquidity and building successful long-term business relationships.
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April 30, 2023 |
David Merz
Accounting is a crucial aspect of financial reporting and corporate governance. It enables companies, investors, and stakeholders to evaluate a company’s financial stability, performance, as well as its asset and capital structure. In this blog post, we will focus on the
basics of accounting in Switzerland and explain the importance of assets and liabilities and
their impact on a company’s financial position.
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April 30, 2023 |
David Merz
As a sole proprietor operating in Switzerland, you may wonder whether it is necessary to prepare an income statement. While you may not be obliged to maintain detailed accounts, it is still essential to have a clear understanding of your business's financial health and to keep accurate records of income for tax purposes. An income statement will help you fulfil both these needs. In this article, we will explore the importance of an income statement for a sole proprietorship and the different methods of producing and presenting them.
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April 29, 2023 |
David Merz
As your businesses acquires assets, it is essential to understand the concept of depreciation and how to record it. Depreciation is a means of accounting for the decrease in the value of assets over time due to usage, wear and tear, obsolescence, etc. In this article, we will explore the various depreciation methods used in Switzerland, why depreciation is important, the types of depreciation, methods for calculating depreciation, and how to record depreciation.
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April 28, 2023 |
David Merz
Proper accounting is an essential aspect of running a company effectively. Most businesses are required to follow the principles of double-entry accounting while preparing their accounts. Double-entry accounting is a fundamental concept in modern accounting practices. It is a system of accounting in which every financial transaction is recorded in two different accounts, a debit account and a credit account. This article provides a simple explanation of double-entry accounting in Switzerland.
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