All posts by fkuhn

In spite of a further decline in the average interest rate, the reference interest rate stays at 1.25% (unchanged compared with its last publication).

Set quarterly by the BWO/OFL (Federal Office of the accommodation), the reference interest rate is valid for the setting of the rents in all Switzerland.

The setting of the reference rate by the BWO/OFL is each time an opportunity to check whether our rent bases on the current reference rate and if a reduction or an increase of rent – also taking into account variations of the consumer price index and/or the maintenance costs – is possible…
It can be worth asking for more information…

Sources: press release of the BWO/OFL (only in German, French and Italian)

Company Law, Corporation Law

Corporation law – New provisions come into force on 01.01.2023

2 February 2022 fkuhn

The provisions of the amendment of 19 June 2020 to the Swiss Code of Obligations (Corporation Law), which have not yet entered into force, will come into force on 1 January 2023.

We will be publishing information on this subject in various formats throughout the year.

Sources: press release of Federal Council (only in German, French and Italian)

Human Ressources, Labour Law

Labour Law – Job Registration Requirment from 1st July 2018

24 May 2018 fkuhn

From 1 July 2018 employers must register with the regional employment centres (RAV) vacancies in occupations where the unemployment rate has reached or exceeded 8% (REM: 5% from 01.01.2020).

Employers must also register with the RAV vacancies in occupations where recruitment is carried out through an intermediary: employment agencies, headhunters or temporary recruitment agencies.

Jobs that must be registered are subject to a publication ban of five working days after RAV registration process. The employer may only make public the vacancy after the end of this period.

For more information, please refer to work.swiss website.

Tax Law, VAT

VAT – Rates as of 01.01.2018

1 January 2018 fkuhn

VAT Rates

VAT rates as of 01.01.2018:

Standard rate: 7.7%
Reduced rate: 2.5%
Special rate for accommodation services: 3.7%

More details…

Adjustment of VAT return forms

Due to the partial revision of the VAT Act, VAT return forms for the 4th quarter 2017 or 2nd semester 2017 as well as from the 1st quarter 2018 or 1st semester 2018 were adjusted.
More details…

For further information please refer to the pages in French or in German

Sources: