Choice of legal form

Corporation

Purpose

Commercial or non-commercial

Founders

At least 1 natural person or legal entity.

Capital stock

At least CHF 100,000 at least CHF 50,000 must be paid in.

Name

Real or fictitious name. The suffix "AG" must be used.

Liability for company debt

Exclusive liability for company assets. Sole obligation of the shareholders to pay in full the share capital attributable to their shares (payment).

Obligation to keep accounts

Yes

Private liability company

Purpose

Commercial

Founders

At least 1 participator.

Capital stock

Minimum: CHF 20,000 - all capital contributions must be paid in full.

Name

Real or fictitious name. The suffix "GmbH" is mandatory.

Liability for company debt

Exclusive liability for company assets. Optional, limited obligation to make further contributions in accordance with the Articles of Association.

The amount for the obligation for further contributions associated with a capital contribution must be defined in the Articles of Association and may not exceed twice the par value of the capital contribution.

Liability only for the additional contributions associated with the respective capital contributions.

Obligation to keep accounts

Yes

Collective partnership

Purpose

Commercial or non-commercial

Founders

At least 2 natural persons.

Capital stock

There are no legal provisions.

Name

Family name of at least one of the partners and with the suffix (e.g. "& Co." or "& Cie.").

Liability for company debt

Company assets, the partners have unlimited and joint and several, second-degree liability.

Obligation to keep accounts

Yes

Sole proprietorship

Purpose

Commercial or non-commercial

Founders

Only 1 person.

Capital stock

There are no legal provisions.

Name

Can be chosen freely; must include the family name as a suffix.

Liability for company debt

Business and personal assets.

Obligation to keep accounts

If annual sales volume higher than CHF 100'000.