Update March 11, 2025: Swiss businesses can claim a refund in New Zealand for Goods and ServicesTax (GST) paid in New Zealand.
Based on the reciprocal right, from the 2025 application year onwards, i.e. for invoices dated in 2024, New Zealand businesses will be able to claim Swiss VAT refunds in Switzerland without having to prove a reciprocity in each individual case.
The FTA has updated the list of countries on its website accordingly.
- Eligibility for VAT Refund: Businesses that incur VAT expenses in Switzerland can apply for a refund if they can prove their entrepreneurial status in their home country, as stipulated by the Federal Act on Value Added Tax and the VAT Ordinance. This includes providing valid documentation from their foreign tax authority that confirms their VAT registration or entrepreneurial status during the refund period.
- Application Requirements: To successfully apply for a VAT refund, applicants must meet specific proof requirements, including evidence of VAT registration or entrepreneurial status, and comply with formal application procedures. The application must be submitted within the designated deadlines.
- Reciprocal Rights and Additional Considerations: The ability to claim a VAT refund is contingent upon the existence of reciprocal rights between Switzerland and the applicant’s country, as outlined in a specific list. Moreover, if benefits were obtained in both Switzerland and Liechtenstein, there are additional procedural considerations that must be followed for the refund process.
Source estv.admin.ch
Latest Posts in "Switzerland"
- How and Why to Obtain a Swiss VAT Number: Requirements, Process, and Key Obligations for Foreign Companies
- Key VAT Rules and Compliance Requirements in Switzerland: Rates, Registration, and Filing Deadlines
- A new country on the Portal of Fiscal Solutions: Switzerland
- Swiss VAT Rules for Foreign Digital Service Providers: Registration, Compliance, and Key Thresholds
- Switzerland Delays VAT Rate Increase to 2028 Amid Legislative Challenges
