
Confindustria Bergamo Boardroom
Via Camozzi, 64 - 24121 Bergamo
Member companies
From 1 January 2018, all businesses not resident in Switzerland that operate within the country will be considered Swiss VAT taxable persons if their total annual turnover (Switzerland plus the rest of the world) exceeds 100,000 CHF. For mandatory business registration, the determining factor will therefore be the global turnover achieved, rather than just that generated within Swiss territory. Consequently, many foreign-based companies will be required to register as taxpayers and pay VAT in Switzerland by appointing a Fiscal Representative.
The new Swiss VAT obligations also apply to services provided by Italian companies in Switzerland under works contracts, whereby the supplier undertakes to carry out a specific project.
At the same time, new procedures are in force in Switzerland regarding business travel or the secondment of Italian personnel to the country (e.g., employees sent to install machinery or equipment).
Further reporting obligations apply to work performed in Swiss territory by Italian tradespeople (LIA of the Canton of Ticino).
Failure to comply with these obligations will result in penalties for the non-compliant businesses.
To explain these changes, the Tax, Corporate Law and Customs department of Confindustria Bergamo is organising this seminar.
The speaker will be Dr Fabio Franceschini, Head of the Lugano Office of the Italian Chamber of Commerce for Switzerland.
To attend, please confirm your presence by registering online via the Confindustria Bergamo website.
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