Invoicing to Switzerland

Discussion in 'Accounts & Finance' started by cap28, Dec 2, 2009.

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  1. cap28

    cap28 UKBF Newcomer

    17 0
    Hi All I need to invoice a client in Switzerland and have a couple of questions.

    Do I charge VAT? (I am VAT registered)
    Do I send the invoice asking for british Pounds?
    Whats the best place to get a current Exchange rate?

    Thanks
     
    Posted: Dec 2, 2009 By: cap28 Member since: May 9, 2008
    #1
  2. elainec100@cheapaccounting

    [email protected] UKBF Legend

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    As regards invoicing in pounds - what have you agreed in the contract!

    I would suggest trying to do it in pounds so that you do not suffer exposure to exchange rate differences especially if this is a one off customer.
     
    Posted: Dec 2, 2009 By: [email protected] Member since: Nov 4, 2005
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  3. David Griffiths

    David Griffiths UKBF Legend

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    Nowhere near enough information to give any advice on the VAT, as you don't even say if you are invoicing goods or services. If services, then you would need to specify what the services are because the rules are fairly complicated (and are changing soon).

    If you give that information I'm sure that one of our resident VAT experts will come along soon and advise you
     
    Posted: Dec 2, 2009 By: David Griffiths Member since: Jun 21, 2008
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  4. cap28

    cap28 UKBF Newcomer

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    Sorry its for supply of Recruitment Services
     
    Posted: Dec 2, 2009 By: cap28 Member since: May 9, 2008
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  5. 3pic

    3pic UKBF Big Shot

    608 183
    Are you recruiting staff in the UK or Swizterland?

    Are those staff going to work in a UK branch of the Swiss (invoiced) customer or are the staff going to work in Switzerland?....Or both?.
     
    Posted: Dec 2, 2009 By: 3pic Member since: Jun 20, 2007
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  6. David Griffiths

    David Griffiths UKBF Legend

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    See what I mean? :D
     
    Last edited: Dec 2, 2009
    Posted: Dec 2, 2009 By: David Griffiths Member since: Jun 21, 2008
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    • Thanks Thanks x 1
  7. Brsln2

    Brsln2 UKBF Newcomer

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    The VAT rule is that if you are invoicing an EC/EU country and they are VAT registered in their own country then you do not charge VAT- if they are not then you do.

    If it is outside the EC then you do not charge VAT.
    I think Switzerland is not a member to EC but the VAT rules may apply to them, I am not sure- best to check with the VAT help line on 0845 010 9000.
     
    Posted: Dec 3, 2009 By: Brsln2 Member since: Nov 20, 2009
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  8. 3pic

    3pic UKBF Big Shot

    608 183
    Switzerland is outside of the EU for VAT purposes....the problem is, recruitment of staff is a service and the service rules for VAT means we have to determine where the supply is being made, who enjoys the benefits of the service and possibly even what the staff are doing.

    ie, you could recruit staff to attend a car exhibition in Geneva or recruit staff to deliver specific training to others (UK or Swiitzerland), or it could just be straight recruitment of staff into a Swiss company.....

    Without that knowledge, the question cannot be answered properly.
     
    Posted: Dec 3, 2009 By: 3pic Member since: Jun 20, 2007
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  9. seanstevens

    seanstevens UKBF Enthusiast

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    Just a side point for doing business in Switzerland;

    Currently Swiss companies pay on average 20-30 days beyond terms and prefer a customer service based collections model of calling them early to make sure everything is ok.
     
    Posted: Dec 3, 2009 By: seanstevens Member since: Jul 22, 2009
    #9
  10. cap28

    cap28 UKBF Newcomer

    17 0
    Thanks all, it is for supply of Swiss Staff to work for a Swiss company in Switzerland..... local agecnies failed to find anyone.

    I sent the invoice with VAT and their accounts team asked me to remove it so I guess thats right!
     
    Posted: Dec 3, 2009 By: cap28 Member since: May 9, 2008
    #10
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