Blog Simple, relevant and practical: Our Nexova blog provides founders, startups and SMEs with the latest information on digital accounting and business management. Get in touch! All Accounting Business Tax and Legal Search for: Business Management June 27, 2023 | David Merz What is the best Canton for founding a company? Switzerland has long been an attractive destination for entrepreneurs looking to establish their own companies. However, when it comes to founding a company in Switzerland, choosing the right canton is a crucial part of the process. Each canton has its own unique characteristics, pros and cons, and regulations that can significantly impact the success and profitability of your business. In this article, we explore the factors to consider when selecting the right canton for your company and provide insights into the most popular cantons to start a business. Read more June 27, 2023 | David Merz How much does a tax advisor cost in Switzerland? Many individuals and businesses alike do not have the knowledge or time needed to stay on top of their tax affairs, let alone optimise them. This is where a professional tax advisor comes in. In this article, we will explore the benefits of hiring a tax advisor and identify those who may require their services. We will also delve into the factors that influence the cost of a tax advisor in Switzerland and provide guidance on selecting the right tax advisor for your needs. Read more June 24, 2023 | David Merz Input tax in Switzerland: What can be claimed? The ability to claim input tax deduction is a key feature of the VAT system. It allows businesses to recover the VAT they have paid on purchases and pass on their VAT liability to the end consumer. In this article, we explore the concept of input tax deduction in Switzerland. We explain which businesses are eligible to claim back the input tax they have incurred, and the specific requirements they must fulfil to be able to do so. Read more June 23, 2023 | David Merz Maximizing Your Earnings: A Closer Look at VAT on Holiday Home Rentals in Switzerland Many individuals and families decide to invest in a second home or holiday home in Switzerland. If this applies to you, or if it’s something you’re considering, it’s important that you understand the associated tax implications. In this article, we explore the different taxes which apply to second homes in Switzerland, including income tax, value-added tax (VAT), capital gains tax, and real estate transfer tax. We will pay special attention to the VAT liability which arises due to renting a holiday home. Read more June 23, 2023 | David Merz Entrepreneurship in the Alps: What Does It Cost to Start a Company in Switzerland? Starting your own company can be one of the most exciting and rewarding endeavours! However, before diving in headfirst, it is vital to understand the financial implications, and how to navigate them. In this article, we will explore the various costs associated with starting a company in Switzerland and how different legal forms can affect these costs. We will also discuss some of the common ways to finance a new business. Read more June 22, 2023 | David Merz Checklist for Starting a Business Setting up a business is an exciting and rewarding journey, but it requires careful planning and preparation. Whether you are a seasoned entrepreneur or a first-time business owner, having a comprehensive checklist can help ensure that you cover all the necessary steps. In this article, we will guide you through the essential elements to consider when starting a business in Switzerland. Read more June 3, 2023 | David Merz Why Switzerland Is the Perfect Location for Your Business Switzerland is a highly developed, landlocked country in Central Europe which is renowned for its political stability, strong economy, high standard of living, and business-friendly environment. Furthermore, it boasts an impressive financial sector, excellent infrastructure, and a highly skilled workforce, making it an attractive jurisdiction for entrepreneurs looking to set up a company abroad. In this article, we will explore the advantages of establishing a business in Switzerland, and compare the two most popular legal company forms available. Read more June 2, 2023 | David Merz Electronic Archiving Guidelines in Switzerland Electronic archiving of accounting data has grown significantly in recent years due to the increasing amount of digital information generated and the need to manage it efficiently and securely. In Switzerland, the adoption of e-invoicing has become common practice. In this article, we discuss some practical guidelines and requirements of electronic archiving in Switzerland, explore the benefits of e-invoicing compared to traditional paper invoicing, and answer some important questions related to tax implications and other factors. Read more June 1, 2023 | David Merz Successfully start a trading company in Switzerland: Your guide with Nexova AG Are you ready to start your own trading company in beautiful Switzerland? We at Nexova AG are here to help you take this exciting step. As experienced experts in company formations and commercial structures, we make your company formation process simple, efficient, and effective. Read more May 30, 2023 | David Merz Setting up a company: Switzerland vs. Germany – What you should know Choosing the right location is crucial when it comes to starting a business. In this blog post, we present a detailed comparison between Switzerland and Germany to help you make the right decision, discover the respective framework conditions, and learn what advantages and challenges both countries have for start-ups. Read more of 11
Business Management June 27, 2023 | David Merz What is the best Canton for founding a company? Switzerland has long been an attractive destination for entrepreneurs looking to establish their own companies. However, when it comes to founding a company in Switzerland, choosing the right canton is a crucial part of the process. Each canton has its own unique characteristics, pros and cons, and regulations that can significantly impact the success and profitability of your business. In this article, we explore the factors to consider when selecting the right canton for your company and provide insights into the most popular cantons to start a business. Read more
June 27, 2023 | David Merz How much does a tax advisor cost in Switzerland? Many individuals and businesses alike do not have the knowledge or time needed to stay on top of their tax affairs, let alone optimise them. This is where a professional tax advisor comes in. In this article, we will explore the benefits of hiring a tax advisor and identify those who may require their services. We will also delve into the factors that influence the cost of a tax advisor in Switzerland and provide guidance on selecting the right tax advisor for your needs. Read more
June 24, 2023 | David Merz Input tax in Switzerland: What can be claimed? The ability to claim input tax deduction is a key feature of the VAT system. It allows businesses to recover the VAT they have paid on purchases and pass on their VAT liability to the end consumer. In this article, we explore the concept of input tax deduction in Switzerland. We explain which businesses are eligible to claim back the input tax they have incurred, and the specific requirements they must fulfil to be able to do so. Read more
June 23, 2023 | David Merz Maximizing Your Earnings: A Closer Look at VAT on Holiday Home Rentals in Switzerland Many individuals and families decide to invest in a second home or holiday home in Switzerland. If this applies to you, or if it’s something you’re considering, it’s important that you understand the associated tax implications. In this article, we explore the different taxes which apply to second homes in Switzerland, including income tax, value-added tax (VAT), capital gains tax, and real estate transfer tax. We will pay special attention to the VAT liability which arises due to renting a holiday home. Read more
June 23, 2023 | David Merz Entrepreneurship in the Alps: What Does It Cost to Start a Company in Switzerland? Starting your own company can be one of the most exciting and rewarding endeavours! However, before diving in headfirst, it is vital to understand the financial implications, and how to navigate them. In this article, we will explore the various costs associated with starting a company in Switzerland and how different legal forms can affect these costs. We will also discuss some of the common ways to finance a new business. Read more
June 22, 2023 | David Merz Checklist for Starting a Business Setting up a business is an exciting and rewarding journey, but it requires careful planning and preparation. Whether you are a seasoned entrepreneur or a first-time business owner, having a comprehensive checklist can help ensure that you cover all the necessary steps. In this article, we will guide you through the essential elements to consider when starting a business in Switzerland. Read more
June 3, 2023 | David Merz Why Switzerland Is the Perfect Location for Your Business Switzerland is a highly developed, landlocked country in Central Europe which is renowned for its political stability, strong economy, high standard of living, and business-friendly environment. Furthermore, it boasts an impressive financial sector, excellent infrastructure, and a highly skilled workforce, making it an attractive jurisdiction for entrepreneurs looking to set up a company abroad. In this article, we will explore the advantages of establishing a business in Switzerland, and compare the two most popular legal company forms available. Read more
June 2, 2023 | David Merz Electronic Archiving Guidelines in Switzerland Electronic archiving of accounting data has grown significantly in recent years due to the increasing amount of digital information generated and the need to manage it efficiently and securely. In Switzerland, the adoption of e-invoicing has become common practice. In this article, we discuss some practical guidelines and requirements of electronic archiving in Switzerland, explore the benefits of e-invoicing compared to traditional paper invoicing, and answer some important questions related to tax implications and other factors. Read more
June 1, 2023 | David Merz Successfully start a trading company in Switzerland: Your guide with Nexova AG Are you ready to start your own trading company in beautiful Switzerland? We at Nexova AG are here to help you take this exciting step. As experienced experts in company formations and commercial structures, we make your company formation process simple, efficient, and effective. Read more
May 30, 2023 | David Merz Setting up a company: Switzerland vs. Germany – What you should know Choosing the right location is crucial when it comes to starting a business. In this blog post, we present a detailed comparison between Switzerland and Germany to help you make the right decision, discover the respective framework conditions, and learn what advantages and challenges both countries have for start-ups. Read more
