Switzerland: Corporate Tax and VAT Rates Updated
Understanding these updated tax and VAT rates is essential for businesses and individuals planning to relocate to Switzerland, as they directly impact financial planning and operational costs.
Flootloop data now details Switzerland’s corporate tax and VAT rates. The federal tax on net profits is 8.5%. Total business tax burdens vary by canton, ranging from 10-11.1% in central Switzerland to 17.9% in Zurich, according to a 2022 index.
Regarding Value Added Tax (VAT), companies with an annual taxable turnover under CHF 100,000 are exempt. The standard VAT rate in Switzerland is 8.1%.