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How will the move of recordJet to Switzerland affect my tax situation?

Written by Theresa
Updated today

Your net earnings will remain unchanged. However, the VAT shown on your invoices and credit notes may change, depending on the country you have registered and the valid VAT number you have provided. Please check your details under My Account > My Profile and, if necessary, consult your tax office or tax advisor.

You can use the following guidelines as a reference:

The following applies to invoices:

If you are a business owner, a label or a company in Switzerland and hold a Swiss VAT number (format: CHE-123.456.789 MWST), the standard Swiss procedure with a tax rate of 8.1% will be applied to your invoices. Small business owners and private individuals in Switzerland without a VAT number will also receive invoices in accordance with the standard Swiss procedure at 8.1%.

For businesses based in the EU with a valid VAT number (e.g. DE123456789, as proof of business status), the reverse-charge procedure applies, resulting in a tax rate of 0%. For small business owners and private individuals in the EU without a VAT number, the OSS procedure applies, whereby the tax rate corresponds to that of the respective EU country.

Business owners in the United Kingdom (UK) with a UK VAT ID (e.g. GB123456789, also as proof of business status) receive tax-free invoices. The same applies to businesses without a VAT number and to private individuals – all are treated as tax-exempt at 0%. For users (businesses, labels, companies or private individuals) in the rest of the world, invoices are also tax-exempt at a rate of 0%.

The following applies to credit notes:

Businesses, labels or companies in Switzerland with a Swiss VAT number are subject to the standard Swiss VAT rate of 8.1%. Small businesses and private individuals in Switzerland without a VAT number are exempt from VAT (0%).

In the EU, businesses with a VAT number are subject to the reverse charge procedure (input tax in Switzerland), also at 0%. Small businesses and private individuals in the EU without a VAT number are tax-exempt at 0%.

UK: Entrepreneurs with a UK VAT number, as well as entrepreneurs without a VAT number and private individuals, are generally tax-exempt here (0%). For the rest of the world, tax exemption at 0% applies to everyone.

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