Limited statutory audit for transport companies in Prilly: what every SME should know
Between VAT, social contributions and the year-end close, a Swiss SME juggles dozens of deadlines a year. This page focuses on limited statutory audit in Prilly: what the law requires, what can be automated, and when to delegate.
Year-end closing: how the mechanics work
The income statement reads as a cascade: gross margin, operating result, financial result, extraordinary result. Each level answers a different question — mixing levels blurs the steering.
For limited statutory audit, the golden rule is to discover nothing in January: every uncertainty (doubtful receivable, dispute, unsellable stock) must be identified before the closing date, not after.
A Swiss SME's accounting calendar
An accounting calendar only lives if it is shared: owner, in-house bookkeeper and fiduciary must see the same deadlines and the same status — the rule holds for every SME in Prilly.
For limited statutory audit, year-end is prepared in October: last invoices, investment decisions, provisions to assess — December is too late to act, January is for recording.
Outsource limited statutory audit or keep it in-house?
A good test before choosing: ask the fiduciary HOW it wants to receive the documents. A precise answer (formats, frequency, platform) says more than any brochure — including in Prilly.
A business in Prilly can combine the models: internal day-to-day entry, monthly external supervision, closing and taxes with the specialist — limited statutory audit splits very well.
A well-structured SME chart of accounts
A good chart of accounts tells the story of the business: classes 1 and 2 describe what it owns and owes, class 3 what it sells, classes 4 to 6 what it consumes. Private accounts (sole proprietorships) and shareholder current accounts (Sàrl/SA) must stay spotless: they are the first thing examined in a tax audit.
For limited statutory audit, the right granularity is decisive: enough accounts to steer the business (margins by activity, expenses by nature), few enough that every entry finds its place without hesitation. The VAT accounts (input VAT, VAT due) deserve special care — they are the basis of the annual reconciliation.
Prilly: what changes, what does not
Sole proprietorship, Sàrl or SA in Prilly: the AHV contact remains the competent compensation office, and taxes follow the scales of the canton Vaud.
Federal deadlines do not move in Prilly: VAT within 60 days, salary declaration in January, 10-year record retention — postal code 1008 changes nothing about those rules, only the sender's address.
Frequently asked questions
What are the legal obligations for limited statutory audit in Switzerland?
The foundation is the Code of Obligations: proper bookkeeping (art. 957a CO), annual accounts (balance sheet, income statement, notes) and 10-year retention of books and records (art. 958f CO). VAT applies from CHF 100,000 of turnover, and social insurance settlements from the first employee. Nothing is different in Prilly: federal law applies.
Does MyFiducia.ai work for a business based in Prilly?
Yes: the platform runs online, the rules applied are federal (VAT, CO, AHV), and the file can be shared with any fiduciary. A business in Prilly manages its documents, VAT and exports exactly as anywhere in Switzerland.
Which documents should be prepared for the year-end closing?
Bank and cash statements at the closing date, the inventory of stock and work in progress, final AHV/LPP/accident settlements, contracts signed or amended during the year, invoices straddling two years and the detail of accruals. With an up-to-date document archive, most of it is already there. The list is identical in Prilly: the CO dictates it, not the commune.
What are the current Swiss VAT rates?
Since 1 January 2024: 8.1% (standard), 2.6% (reduced — for example food and medicines) and 3.8% (accommodation). Returns must be filed and paid within 60 days after the period ends (quarterly under the effective method, semi-annually under the net tax rate method). These federal rates apply unchanged in Prilly.
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Switch to accounting that keeps itself up to date
MyFiducia.ai automates limited statutory audit for businesses in Prilly: AI-read documents, posting suggestions, VAT and exports ready for your fiduciary. Try the platform or browse our other guides.
The application is operated in French.