VAT: mandatory from CHF 100,000 of taxable turnover

The Federal Act on Value Added Tax covers anyone who carries on a business and supplies taxable services on Swiss territory, once turnover from those supplies reaches CHF 100,000 a year. Below that, registration is optional. The threshold is calculated on taxable supplies, not on profit. Registration is with the Federal Tax Administration. A newly formed company watches the threshold from the first financial year. The wording of the threshold is the VAT Act on Fedlex. Rates and exceptions are in the same statute.