Accounting October 27, 2023 | David Merz GmbH Share Capital Increase A share capital increase is an effective way for a limited liability company (GmbH) to raise new capital and thereby improve its financial position and expand operations. However, before considering a capital increase, company owners need to seek expert guidance to help them understand the intricacies involved, the different practical aspects, and the effects it may have. In this article, we provide a comprehensive breakdown of what a share capital increase entails for limited liability companies in Switzerland. Read more
October 27, 2023 | David Merz Share Capital Increase for Corporations A share capital increase is one of the most effective ways for corporations to raise new capital and thereby improve their financial position and expand their operations. However, before considering a capital increase, corporations need to seek expert guidance to help them understand the intricacies involved, the different ways to approach it, and the effects it may have. In this article, we cover all this and more, providing you a comprehensive breakdown of what a share capital increase entails for corporations in Switzerland and how to best approach it. Read more
August 10, 2023 | David Merz Eight Reasons to Change Your Current Tax Advisor Navigating the complex world of taxes can be a daunting task for even the most financially savvy individual or business, which is why a good tax advisor is crucial. But how do you know if your tax advisor is providing the type of quality service that you deserve? In this article, we explore eight reasons why you may want to search for a new tax advisor. We also outline some important practical considerations, as well as what to look for when selecting your new advisor. 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 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
May 30, 2023 | David Merz Comparing Accounts Receivable & Accounts Payable: A Swiss Perspective In this article, we will explore and compare the concepts of accounts receivable and accounts payable. These two accounting components are at the heart of every successful business and are crucial for managing your liquidity and building successful long-term business relationships. Read more
April 30, 2023 | David Merz Assets & Liabilities in the Balance Sheet: A Look at Swiss Accounting Practice Accounting is a crucial aspect of financial reporting and corporate governance. It enables companies, investors, and stakeholders to evaluate a company’s financial stability, performance, as well as its asset and capital structure. In this blog post, we will focus on the basics of accounting in Switzerland and explain the importance of assets and liabilities and their impact on a company’s financial position. Read more
April 30, 2023 | David Merz Income Statement for a Sole Proprietorship As a sole proprietor operating in Switzerland, you may wonder whether it is necessary to prepare an income statement. While you may not be obliged to maintain detailed accounts, it is still essential to have a clear understanding of your business's financial health and to keep accurate records of income for tax purposes. An income statement will help you fulfil both these needs. In this article, we will explore the importance of an income statement for a sole proprietorship and the different methods of producing and presenting them. Read more
April 29, 2023 | David Merz Depreciation Methods in Switzerland As your businesses acquires assets, it is essential to understand the concept of depreciation and how to record it. Depreciation is a means of accounting for the decrease in the value of assets over time due to usage, wear and tear, obsolescence, etc. In this article, we will explore the various depreciation methods used in Switzerland, why depreciation is important, the types of depreciation, methods for calculating depreciation, and how to record depreciation. Read more
April 28, 2023 | David Merz Double-Entry Accounting Simply Explained Proper accounting is an essential aspect of running a company effectively. Most businesses are required to follow the principles of double-entry accounting while preparing their accounts. Double-entry accounting is a fundamental concept in modern accounting practices. It is a system of accounting in which every financial transaction is recorded in two different accounts, a debit account and a credit account. This article provides a simple explanation of double-entry accounting in Switzerland. Read more
