Taxation
Taxation covers all taxes, fees, levies, contributions and social security contributions imposed on individuals and legal entities by public authorities.
Taxation of legal entities
Our trustee will assist you with all your tax obligations:
- Tax returns
- Business tax
- Certificate of receipt and recapitulative list for your employees at source
- Stamp duty
- Withholding tax
As the Swiss tax system is based on federal, cantonal and municipal levels, corporate tax rates vary from canton to canton.
Fiduciaire de Rive SA’s staff can help you with your tax returns in Geneva and other cantons for companies, foundations, associations and individuals.
Taxation of individuals
Our trustee will help you with your tax affairs:
- Tax returns
- Request for rectification of withholding tax for cross-border commuters or subsequent ordinary taxation
- Declarations for real estate gains
- Inheritance and donation declarations
- Spontaneous disclosure
- Claim
- Assistance on arrival in Switzerland or departure abroad
- Taxation of the self-employed
For people who are taxed at source, Swiss taxes can be complicated to master, as the rules applied differ according to the type of permit(cross-border commuter or resident), and the canton of employment.
In order to harmonize taxation, a revised withholding tax was adopted and came into force on January 1, 2021. If they meet the conditions, cross-border commuters and residents can file a tax return to claim their actual expenses. In this case, taxation takes place in two stages:
- During the year, withholdingtax is deducted according to a schedule based on the employee’s family situation.
- By March 31 of the following year at the latest, if he or she meets the conditions, the employee may or, depending on his or her situation, must file a request for subsequent ordinary taxation (TOU), which will enable him or her to file an ordinary tax return.
Our trustee will advise you on how to meet your legal obligations and determine whether it is more appropriate to file an application for subsequent ordinary taxation rather than an application for tax adjustment.
VAT liability in Switzerland
Value-added tax (VAT) is a general tax on consumption levied by the Swiss Confederation.
If a company’s sales exceed CHF 100,000 and its services are not excluded from taxation, it is in principle subject to VAT. If this threshold is not reached, the company is exempt from liability. It can sometimes be worthwhile not to ask for his release.
Our team can provide you with advice and assistance on VAT matters :
- Preparation of quarterly or half-yearly statements
- Assistance with VAT audits
- Advice on cross-border transactions
