Team analysing financial charts around a table

Fiduciary services for engineering firms in Yens explained simply

Between VAT, social contributions and the year-end close, a Swiss SME juggles dozens of deadlines a year. This page focuses on fiduciary services in Yens: what the law requires, what can be automated, and when to delegate.

The Swiss legal frame for fiduciary services

In Switzerland, the duty to keep accounts stems from art. 957 ff. of the Code of Obligations. Legal entities (Sàrl, SA) and sole proprietorships with at least CHF 500,000 in revenue keep full accounts: balance sheet, income statement and notes. Below that threshold, a simplified record of income, expenses and assets is sufficient.

The good news: the Swiss frame is stable and predictable. Structure fiduciary services once — chart of accounts, document flow, calendar — and the same organisation pays off for years.

Year-end closing: how the mechanics work

The closing is prepared all year long: a monthly bank reconciliation and accruals tracked as you go turn the year-end into a formality, for businesses in Yens too.

The notes complete the figures: valuation principles, liabilities towards pension institutions, contingent liabilities, or the number of full-time positions. Careful notes reduce questions from the auditor and the banks.

Digitalising fiduciary services: what actually works

Digitising does not mean hoarding PDFs: without the document-entry link, a digital file is as opaque as a box of archives — true in Yens as everywhere.

The winning pair for fiduciary services: a single inbox (e-mail, scan, photo) and one simple rule — no document sits more than a few days without a proposed entry.

Collaborative desk with laptops and documents, top view

Outsource fiduciary services or keep it in-house?

Outsourcing fiduciary services to a fiduciary frees up time and secures compliance; keeping it in-house preserves a continuous view and costs less in fees. The best answer is often hybrid: the company captures and digitises as it goes, the fiduciary supervises, closes the books and represents the company before the authorities.

For fiduciary services, a quarterly 30-minute check-in with the fiduciary beats an annual marathon: questions get handled while they are small.

Yens: what changes, what does not

Working with a fiduciary from Yens no longer depends on geography: the documents of a business in Yens are shared online, while the canton Vaud keeps its own deadlines for the tax return.

Federal deadlines do not move in Yens: VAT within 60 days, salary declaration in January, 10-year record retention — postal code 1169 changes nothing about those rules, only the sender's address.

Frequently asked questions

What is the difference between a limited and an ordinary audit?

The ordinary audit applies to companies exceeding, for two consecutive years, two of three thresholds: CHF 20 million balance sheet total, CHF 40 million revenue, 250 full-time positions. Others fall under the limited audit, and those with no more than ten full-time positions on annual average can opt out with all shareholders' consent. These federal thresholds do not depend on the registered seat — in Yens as anywhere.

When must a business register for VAT?

As soon as its worldwide annual turnover reaches CHF 100,000 (CHF 250,000 for non-profit sports or cultural associations). Below that, voluntary registration remains possible and often makes sense to reclaim input VAT on investments. The threshold is federal: it applies in Yens as everywhere in Switzerland.

Do you need a fiduciary for fiduciary services, or can you do it yourself?

Both are defensible. Below CHF 500,000 of revenue, a sole proprietorship may keep simplified accounts itself. As soon as payroll, VAT and a closing with tax stakes are involved, professional support prevents mistakes that cost more than the fees. With a shared platform, the fiduciary does not even need to be in Yens.

Which social contributions does a Swiss employer pay?

AHV/IV/APG: 5.3% employer share (the same is withheld from the employee); unemployment insurance: 1.1% each up to CHF 148,200 a year; occupational pension (LPP) by age and plan (employer at least 50%); occupational accident insurance paid by the employer; family allowances by canton. For an employer in Yens, family allowances follow the canton's rates.

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Switch to accounting that keeps itself up to date

MyFiducia.ai automates fiduciary services for businesses in Yens: 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.

    Fiduciary services for engineering firms in Yens