What is Commercial register?

The Commercial Register in Switzerland is an official, publicly accessible registry that records detailed information about businesses and legal entities operating within the country. It is maintained at the cantonal level but operates under federal guidelines, ensuring uniformity across Switzerland. The register is a key component of the Swiss legal and economic framework, fostering transparency and trust in commercial activities.

Purpose of the Commercial Register

  1. Legal Recognition
    Registration in the Commercial Register grants a company legal status, allowing it to enter into contracts, own property, and operate under Swiss law.
  2. Public Information
    The register provides key details about a business, such as:

    • Company name and legal structure (e.g., AG, GmbH).
    • Registered office and address.
    • Purpose of the business.
    • Names of directors and authorized signatories.
    • Share capital for corporations.
  3. Compliance and Oversight
    Registration ensures that businesses comply with Swiss regulations, such as submitting annual reports and disclosing structural changes.

Registration Requirements

  • Mandatory Registration: Entities such as limited liability companies (GmbH), corporations (AG), partnerships, and sole proprietorships with annual turnover exceeding CHF 100,000 must register.
  • Optional Registration: Smaller sole proprietorships can register voluntarily to enhance credibility.

Accessing the Commercial Register

The Swiss Commercial Register is accessible online via platforms like Zefix, where anyone can search for company information. It provides transparency for partners, clients, and regulators.

Importance of the Commercial Register

The Commercial Register supports Switzerland’s robust business environment by providing legal clarity, fostering trust, and ensuring regulatory compliance. It is an essential tool for businesses, investors, and stakeholders navigating the Swiss economic landscape.