The most critical legal foundations

VAT is based on the principle that anybody who consumes anything will make a financial contribution to the government. However, it would be too complex if every citizen had to settle this with the government for every single purchase. The tax is therefore levied from companies, which are for their part obliged to pass on the VAT to the consumer by adding it to the price or by including it as a separate entry on the invoice.

The Federal Ordinance on Company Accounts (GeBüV) regulates in detail the principles for keeping records in accordance with the law as well as the permitted information carriers.

Ten take-home messages for audit-proof archiving: Not everything is worth storing, and purposeful deletion and destruction will free up your servers and paper archives.

Tessi Solutions creates professional procedural documentation about realized customer applications and outsourced business process. These are particularly suitable for internal and external audits, as well as submission to the authorities for assessment.

PDF/A is a format for archiving digital documents on a long-term basis, and was standardized by the International Organization for Standardization (ISO) as a subset of the Portable Document Format (PDF). The standard defines how the features of the underlying PDF versions must be used in relation to long-term archiving. There are compulsory and non-permitted components.