Accounting Switzerland

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Business creation

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Tax Services

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Human resources

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Accounting

When it comes to business creation and growth, every entrepreneur must have a focused mind on business accounting. In Switzerland, small businesses can choose between accounting based on cash flow or invoice date. This becomes an important consideration if you give your customers longer payment terms. When a new business is created, entrepreneurs often need to reduce their fixed costs as much as possible and facilitate entry. Choosing cash flow-based accounting could help you reduce the tax burden and focus on growing your business.

At Uzunov Consulting, our goal is to find the easiest and most cost-effective way for you to run your business. We advise you on Swiss accounting rules, deduction of fees, invoicing and payroll procedures, etc.

To offer competitive accounting, you also need reliable accounting software. Our team helps you find the most suitable IT solution. We can assist you in the installation of the program, the initial settings and the follow-up. Uzunov Consulting is an official partner of one of the most widely used accounting software in Switzerland. We work with cloud-based solutions that allow us to perform accounting in real time. We also provide services for complete ERP systems.

Our accounting services in Switzerland include:

  • Accounting
  • Wages
  • Advice and assistance in closing accounts
  • VAT tracking

Business creation

Switzerland is the most innovative economy in the world. It is also an extremely welcoming country for entrepreneurs, with a very efficient administration and strict rules. There are several things to know before setting up a business in Switzerland.

First and foremost, you need to make sure that your idea is suitable for the market. Our job is to help you conduct insightful market research, develop a solid business plan, find the most appropriate name, protect it, and set the entity’s initial goals.

Second, you need to decide:

  1. Where to set up your business?
  2. Which structure to choose?

 

In Switzerland, each canton offers different tax advantages. The country also has four official languages, so this is an important step to take into account when deciding on the domiciliation of a company.

The next important point is the type of structure you want to create. Would it be better to have a capital company (SA, SARL, etc.), a personal company, an association or a foundation? Each of them offers different advantages. Our goal is to guide you through the process – from the creation of the entity to the future financial, tax and accounting management. Our services include the following activities:

  • Preparation of draft statutes and other business contracts
  • Business creation administration (commercial register, notary and others)
  • Control and business processes
  • Evaluation of internal management systems and organization
  • Representation on boards of directors
  • Domiciliation of companies
  • Preparation of draft statutes and other corporate contracts
  • Company Set Up Administration (Trade Registery, Notary and others)
  • Business control and processes
  • Evaluation of internal management systems and organization
  • Representation in boards
  • Domicailiation of companies

Tax advice

The Swiss system of direct taxation is based on three axes: federal, cantonal and communal taxes. If the first level is the same throughout the country, there may be significant differences between cantons and communes. This is called the principle of tax competition that applies in the country.

If you already know where your business will be, you should focus on other points.

VAT is one of them. The standard rate in Switzerland is 7.7%. The VAT subscription obligation starts at CHF 100,000 in turnover per tax year. If, however, you have less than this amount, you can opt for this taxation. Some companies such as the education sector, medical services and others are exempt from VAT. Others, such as the food wholesale sector or hotel services, could benefit from a reduced rate of 2.5% or 3.8%. Contact us for the exact VAT details of your business.

As mentioned earlier, personal income tax and corporate income tax may vary depending on the location of your business. Uzunov Consulting helps you find the most suitable location for your business and advises you on the tax deduction rules applied in each canton.

Our services include the following activities:

CORPORATE TAXATION

  • Preparing tax returns
  • Negotiations with the tax authorities
  • Preparation of VAT accounts
  • Tax procedures relating to the double taxation agreement
  • Tax advice for the closing of accounting
  • Tax planning for businesses
  • International Tax Planning

TAXATION OF INDIVIDUALS

  • Preparing tax returns
  • Negotiations with the tax authorities
  • Tax procedures relating to the double taxation agreement
  • International Tax Planning
  • Real estate and mortgage tax advice