I have a client that owns a corporate financing company. She also sits on the board of a company in Switzerland.
She needs to invoice the Swiss company for her services c£350k. All of the services are performed in Switzerland.
1. What is the VAT treatment? I thought exempt due to it being consultancy on intellectual services performed where the customer belongs?
2. She wants to know whether to invoice from the company or individually. If doing it from the company, she wants to drawdown pretty much the full amount so I am thinking to avoid a major double tax charge it may be better to invoice individually. If the supply is VAT exempt then no issues in terms of VAT registering her.
I am doubting myself but it seems the best option. Would appreciate thoughts?