Accounting
April 12, 2023 |
David Merz
Vouchers can be used to reward customers or as giveaways for marketing purposes. It is important for companies who regularly use vouchers to understand their correct accounting and VAT treatment, as well as the legal validity and expiry of vouchers.
This guide explains the distinction between value and service vouchers, their VAT treatment, limitation periods under Swiss law, and the financial impact of unredeemed vouchers.
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April 12, 2023 |
David Merz
If you run a business, you know how important it is to have proper and efficient bookkeeping. But what are the costs involved, and how can you minimise them? In this article, we look at the various aspects of bookkeeping costs and show you how the services of Nexova Treuhand AG can help you save time and money.
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April 12, 2023 |
David Merz
GmbH (Gesellschaft mit beschränkter Haftung) is a common business structure in Switzerland, especially for small and medium-sized enterprises (SMEs). As with any business, accurate accounting is an essential part of managing a GmbH, and provisions form an important component of accounting. This article will explore what provisions are, their properties, types, and accounting effects, as well as how they can be used to optimise taxes.
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March 24, 2023 |
David Merz
One of the most popular business structures in Switzerland is the GmbH, or “Gesellschaft mit beschränkter Haftung,” which translates to “company with limited liability.” In essence, it is the Swiss equivalent of a “Limited Liability Company” (LLC).
A GmbH offer many benefits to business owners, including limited liability protection and flexible management structures. However, like any other business, a GmbH must comply with certain legal and accounting requirements.
In this article, we will discuss the special features of accounting of a GmbH. In doing so, we will provide a brief introduction into what accounting is and its importance in the corporate environment in Switzerland.
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February 5, 2023 |
David Merz
Foreign companies shipping products to Switzerland by mail order need to consider Swiss regulations surrounding VAT, import tax, and customs. These obligations have evolved significantly in recent years.
This article explains the Swiss VAT rules that apply to foreign mail-order companies, including the 2016 VAT Act revisions and the further changes introduced in 2025. We cover who needs to register, how the delivery thresholds work, what fiscal representation involves, and what the consequences of non-compliance are.
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February 3, 2023 |
Marco Schoch
Swiss companies are subject to two types of taxes: taxes on profits and a capital tax on equity. However, some cantons have introduced a flat minimum tax to cover the costs associated with conducting tax audits for each company. This tax is often overlooked, especially in the start-up phase of newly founded companies that are not yet making a profit. In this article, we delve into the world of corporate taxes in Switzerland and in particular the minimum tax that some cantons in Switzerland levy on companies.
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February 2, 2023 |
David Merz
In this article, we examine the tax implications of using a car for private and business purposes, covering scenarios of using a company car for private purposes and a private car for business purposes. We discuss calculating private share, social security contributions, and VAT for a company car. We also highlight the importance of recording mileage, possible cost savings, and restrictions when using a private car for business purposes.
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January 18, 2023 |
Marco Schoch
Self-employment has become a popular option for many people in Switzerland. It offers more flexibility, independence and the opportunity to make their own financial decisions. However, becoming self-employed requires sufficient funding, and for many people, early withdrawal from the pension fund and pillar 3a can be a valuable source of funding. In this blog, we go into the legal provisions and procedures for early withdrawals from pillar 3a and the pension fund in Switzerland and explain how they can be used to finance self-employment.
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August 7, 2022 |
Marco Schoch
Rent payments are firmly planned income for landlords. Therefore, as well as being frustrating, missing rent payments can cause significant financial harm. When tenants fail to pay their rent, many property owners suddenly face major challenges, such as paying mortgage interest out of their own pocket. Unfortunately, most landlords are faced with missing rent payments sooner or later. When this happens, it is vital to quickly take the right steps while acting in a legally compliant manner. In this article, we will provide a step-by-step guide on how to quickly remove tenants who are unwilling to pay their rent.
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