The Spanish tax authorities announced changes to the content of SII files. These changes will...
home / Registration threshold for foreign businesses in Switzerland
Switzerland has initiated the legislative changes to introduce a registration threshold on foreign service providers. The suggested amount is CHF 100,000 with an equivalent amount of circa €90,000 . If approved, the implementation of this threshold will allow some businesses that are currently registered in Switzerland to de-register and stop filing VAT returns in the country. This threshold would also apply to non-established companies in Switzerland.
None of the Member States have a threshold for foreign non-established companies. Businesses must register in a foreign EU country as soon as they make a taxable supply in that country. Only the UK had a similar regime to that being introduced in Switzerland, but the registration threshold for foreigners was withdrawn from the UK VAT law in 2012.