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Switzerland Tax Return Filing

Updated:2018-5-15 14:14:32    Source:www.tannet-group.comViews:1026

Switzerland tax return filing is one of Tannet's overseas tax filing services. The Swiss tax system is characterized by three levels of direct taxation: direct federal tax, cantonal and municipal taxes. The corporations doing business in the canton of Switzerland  are able to enjoy very attractive location benefits. Switzerland does not only offer law rates of taxation but another decisive advantage is the uncomplicated, unbureaucratic communication between the cantonal tax authorities and the tax-payers.

The federal structure in Switzerland results in the taxation of companies and individuals on three levels: (1) national (federal tax); (2) cantons (cantonal tax); (3) local (municipal tax).

Taxes in Switzerland-Low corporate taxes
Compared to international standards the taxes are very low. The rates for companies vary depending on the canton, but the federal tax is uniform. For enterprises in the canton Schwyz or Zug taxes are among the lowest.

Taxes in Switzerland-Capital tax
The equity, share capital, original stock and capital, of the company presents the basis for capital taxes. The capital tax rate equals 0.01% of the taxable equity, but a minimum of CHF 250.-, multiplied by the cantonal and communal multiplier.

Taxes in Switzerland-Withholding tax
The distribution of corporation profits is subject to the Swiss Confederation´s withholding tax, at a rate of 35%. This tax is levied at source and a refund depends on the presence of a double taxation treaty between Switzerland and the respective country of residence.

Taxes in Switzerland-Value-added tax (VAT)
The supply of goods and services within Switzerland is subject to value-added tax (VAT), levied on gross sales. The VAT liability begins if the domestic gross sales exceed CHF 75,000.- per year. The rate is 7.6%, for particular goods only 2.4%. The turnover resulting from the supply of goods and services overseas is freed from the VAT.

Taxes in Switzerland-Double taxation treaties (DTT)
Switzerland has signed double taxation treaties with a variety of industrialized countries in order to avoid a duplication of taxes.The DTTs cover the following aspects:
(1) Exemption of profits from branches in the partner-nation;
(2) Reclaiming of source taxes;
(3) Taxation of royalties and license fees;
(4) Tax relief for companies;
(5) Holding companies.

Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143512, or emailing to You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.

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