Need of fiscal representative in Switzerland
People look for fiscal representative switzerland in Google. Why having a fiscal representative in Switzerland becomes important is because Switzerland like every other country has complex tax laws and the official languages in use which are German, French, Italian and Romansh might be new to many entrepreneurs. The language barrier becomes a reason to hire a fiscal representative even before we start. Even if we keep that aside the services of a fiscal representative still begin right at the start when it is time to register the company for VAT and then the representatives start the work of clarifying and calculating the tax liability of the company. Another major reason to hire a fiscal representative could be because the laws in Switzerland are not the same as the laws in EU although there is not much difference and things could be really simple once the fiscal representative educates you about these differences.
Let us now study the roles of a fiscal representative in detail. The first pertinent reason is that you will be easily able to get an EORI number. An EORI number is extremely important identification number that comes of use in completion of all custom formalities in Europe. It is extremely important because the entrepreneurs cannot undertake custom operations without an EORI number. The fiscal representative unlike you would know the application procedure for getting an EORI. The procedure process is different for companies that have a VAT registration and companies that don’t. The fiscal representative will also know details such as how long it takes to get the EORI number once you have applied so that the whole process doesn’t leave you clueless. Common sense suggests that the next important reason why you should hire a fiscal representative is because the communication with the tax authorities becomes the responsibility of the representative and now you do not have to get anxious about the communication. The third major reason where a fiscal representative can be useful is when Cross Border VAT rules are being talked about. The thing is that cross border VAT is complex enough without there being amendments and there have been many of those. The laws have evolved a lot over the last quarter of a century but that does not mean that they haven’t become simpler. The role of fiscal representative therefore is to help simplify these laws.
The fiscal representatives in Switzerland deal with each client differently and they make you see the choice that exists between different methods and kinds of VAT declarations. In order for you to avoid penalties the fiscal representative makes sure that VAT is correctly declared. The representative also helps you complete verification of the documents
I would like to conclude with telling you who all could and should hire a fiscal representative. Any person who’s liable to pay VAT in Switzerland and anyone who performs commercial activities within Switzerland might need a fiscal representative. Last of all companies which are domiciled abroad but have operational activities within Switzerland can need a fiscal representation as well.