We're planning to buy a new car and during the process we started considering if it would be beneficial to register the car to my company. The company is a sole proprietorship, thus only me, and I understand that about 1% of the car's new value will be added to the income per month, e.g 500 CHF for a 50,000 CHF car when using the car privately also.
But what are the benefits of buying the car on the company? Can I deduct the VAT, can I depreciate it etc? And what if I want to sell it later?
Any knowledge would be highly appreciated as I haven't been able to find good answers online...
--
Best regards,
Stian