Switzerland
Vat Registration Thresholds No threshold; mandatory registration for all businesses performing taxable supplies.
Vat Rates Standard rate of 7.7%, with reduced rates for some goods (e.g., 2.5% for food and medicines).
Vat Registration Process Businesses must register with the Swiss Federal Tax Administration (FTA). Non-resident businesses can appoint a local representative.
Taxable Transactions Sale of goods and services, including digital goods, both domestically and internationally.
Registration Exceptions Exemptions may apply for small businesses below the turnover threshold or for non-taxable activities.
Vat Filing Frequency VAT returns are filed quarterly or annually, depending on turnover.
Intra Community Transactions Switzerland applies VAT to cross-border transactions, and its VAT rules align with EU rules for intra-EU sales.
Exemption Schemes Exemptions available for small businesses and certain sectors, such as education.