Businesses without a Swiss establishment nor VAT registration still have until the end of June 2022 to file their refund claim for Swiss VAT incurred in 2021. Please note that the deadline for any VAT refund claim remains 30 June 2022. The deadline cannot be extended.
Many businesses without an establishment nor VAT registration in Switzerland often incur Swiss VAT on business expenses (e.g. travel and lodging expenses, purchases of goods in Switzerland or import VAT when importing goods into Switzerland). On an annual basis, this can result in a significant amount of Swiss VAT incurred by the company.
This VAT should not be considered as unrecoverable cost by these businesses, as it can in principle be reclaimed from the Swiss tax authorities!
If the company incurred at least CHF 500 Swiss VAT in the course of 2021, this VAT can still be reclaimed with a refund claim until the end of June 2022, provided its country of residence grants reciprocal rights to Swiss companies.
It is important to note that foreign companies are required to appoint a Switzerland-based fiscal representative to be able to file this refund request.
New from this year is that Switzerland adapted its reciprocal right to Austria's new VAT regulation, according to which companies from third countries, i.e. also from Switzerland, are excluded from claiming a refund of VAT when purchasing fuels in Austria for invoices from 2021 onwards. Consequently, Austrian companies will no longer be able to reclaim Swiss VAT they incurred on the purchase of fuels in Switzerland.
Don’t miss the opportunity to get your Swiss VAT refunded!
We can also support your company with Global VAT recovery services to reclaim VAT incurred in other countries, if desired.