Swiss accounting services for your sme

When establishing a company in Switzerland, you have limited resources, but must comply with several administrative requirements, including the obligation to maintain accurate accounting records.

Proper accounting in accordance with Swiss law is crucial as it serves as the basis for taxation and as an important tool for business management. Accounts and related figures are also an essential basis for the decision-making process by banks, creditors or business partners. Even small accounting errors can lead to problems with the tax authorities. Outsourcing your accounting allows you to focus on your core business. Swiss Support offers comprehensive accounting services and can assist SMEs with their financial planning.

Accounting in Switzerland

Swiss companies must engage in financial accounting, keep records of their business transactions for 10 years and file an annual report in accordance with the Swiss Code of Obligations (CO). The extent of your company’s accounting obligations depends on its legal form and annual turnover.

With the exception of stock corporations (AGs) and limited liability companies (GmbHs), SMEs with a turnover of less than CHF 100,000 must keep simple accounts and are not required to keep VAT accounting.)
Partnerships and sole proprietorships with a turnover of less than CHF 500,000 in the last financial year must keep simplified accounts, including a statement of payments and expenses, a list of receipts and income, and simple VAT accounting.

GmbHs, AGs, and all companies with a turnover of at least CHF 500,000 in the last financial year must keep books and accounts and submit an annual financial report, including double-entry bookkeeping and simple VAT accounting.
Companies with a turnover of more than CHF 5 million per year are required to use double-entry bookkeeping and effective VAT accounting.

However, double-entry bookkeeping is still recommended for complex business models and certain industries. It is also recommended for restaurants and similar businesses with regular cash receipts.

The minimum requirements for the annual financial report are a balance sheet, an income statement, and a disclosure according to Art. 959c CO. If a full-scope audit is required, the annual financial reports must include the balance sheet, the profit and loss account, and an annex with the information as set in Art. 959c CO and the additional information required by Art. 961 CO (annual report and cash flow statement).

Your financial statements must be presented in one of the official languages of Switzerland or in English. The Swiss SME Chart of Accounts serves as the guideline for the structure of the accounting ledger.

Planning to open a company in Switzerland

The Swiss Support Team assists you with all thetasks and formalities required for your company formation in Switzerland

Outsourcing of accounting and payroll agenda for Swiss companies

We simplify the accounting and tax part for you. Our accountants will help you with:

Financial Accounting & Tax Advice

Financial accounting and reporting for all legal forms (Sole Proprietorship, GmbH, AG)
Invoicing services
Keeping track of tax deadlines and generating reports
Preparing your tax returns
Preparing of annual accounts and financial statements
Communicating with the Swiss authorities
VAT processing and reporting according to FTA

Payroll Agenda

By outsourcing your payroll agenda to Swiss Support, you will benefit from several advantages. Among other things, Swiss Support will perform the following tasks for you:

drafting of employment contracts according to Swiss law
registration of employees for work permits and registration of employees for the 90-day free movement of persons
registration of employees with the authorities and insurance companies
calculation of wages based on attendance records

preparation of payrolls and payroll administration
payroll administration
processing of wage statements
for offices
processing of family allowances
declaration of withholding tax and withholding tax statements

Communication with Swiss Authorities & Administrative Support

Our team will take care of your communication with companies and the Swiss authorities for you, including sorting and processing your business mail. Swiss Support can also assist you in the fields of work inspections and customs clearance.

Industries Swiss Support is specialized in

Our accounting services support small and medium-sized companies in the following industries:

Advantages of Accounting Services for your Business in Switzerland

Contact Swiss Support for accurate accounting and rewarding tax advise

Take advantage of an efficient and experienced accounting service specialized in working with SMEs in Switzerland!
To arrange a consultation and find out how our Swiss accounting services can improve your business, please contact us.
We are here to support you!