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June 23, 2023 | David Merz

Maximizing Your Earnings: A Closer Look at VAT on Holiday Home Rentals in Switzerland

Many individuals and families decide to invest in a second home or holiday home in Switzerland. If this applies to you, or if it’s something you’re considering, it’s important that you understand the associated tax implications. In this article, we explore the different taxes which apply to second homes in Switzerland, including income tax, value-added tax (VAT), capital gains tax, and real estate transfer tax. We will pay special attention to the VAT liability which arises due to renting a holiday home.

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June 22, 2023 | David Merz

Checklist for Starting a Business

Setting up a business is an exciting and rewarding journey, but it requires careful planning and preparation. Whether you are a seasoned entrepreneur or a first-time business owner, having a comprehensive checklist can help ensure that you cover all the necessary steps. In this article, we will guide you through the essential elements to consider when starting a business in Switzerland.

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June 3, 2023 | David Merz

Why Switzerland Is the Perfect Location for Your Business

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 1, 2023 | David Merz

Electronic Archiving Guidelines in Switzerland

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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May 30, 2023 | David Merz

Setting up a company: Switzerland vs. Germany - What you should know

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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April 30, 2023 | David Merz

Assets & Liabilities in the Balance Sheet: A Look at Swiss Accounting Practice

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

Income Statement for a Sole Proprietorship

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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