Scroll
Notification

Will you allow One IBC to send you notifications?

We will only notify the newest and revelant news to you.

The Swiss VAT rates

Updated time: 09 Jan, 2019, 16:25 (UTC+08:00)

Switzerland applies some of the lowest value added tax (VAT) rates available at a European level. The standard Swiss VAT rate is imposed at 7,7%, starting with January 2018. The standard VAT rate change was reduced from the previous value of 8%. This type of tax is applicable to a wide category of products, such as cars, watches, alcohol products and others.

The Swiss VAT rates

The country also offers reduced VAT rates. For example, companies operating in the accommodation industry will be imposed with a reduced VAT applicable at a rate of 3,7%, while certain consumer goods, books, newspapers, pharmaceutical products benefit from an even lower VAT, applied at a rate of 2,5%. Companies operating in certain economic sectors can benefit from an exemption on the VAT, as for example, cultural services, hospital treatment, as well as insurance and reinsurance services do not have to pay the VAT.

As a general rule, companies have to register for VAT and the filing of VAT returns has to be completed by commercial operators once in every three months. The VAT registration is compulsory once the company reaches an annual income of CHF 100,000. The VAT in Switzerland is imposed for the supply of goods and services.

Read more

SUBSCRIBE TO OUR UPDATES SUBSCRIBE TO OUR UPDATES

Latest news & insights from around the world brought to you by One IBC's experts

What the media say about us

About Us

We are always proud of being an experienced Financial and Corporate Services provider in the international market. We provide the best and most competitive value to you as valued customers to transform your goals into a solution with a clear action plan. Our Solution, Your Success.

US