- What is the new Transparency Register?
The Transparency Register is a new central federal register that will record the beneficial owners of Swiss legal entities. It was introduced under the Federal Act on the Transparency of Legal Entities and aims to improve transparency and prevent misuse of corporate structures. On 12 June 2026, the Federal Council decided that the TJPG will enter into force on 1 October 2026.
Please contact us to find out how this new register will affect your business.
- Why has Switzerland introduced this register?
The main objective is to strengthen anti-money laundering measures and align Switzerland with international transparency standards.
There may be broader regulatory implications for your business – it may be advisable to review the governance and ownership structures.
- When will the new rules apply?
The legislation was adopted in September 2025 and will come into force on 1 October 2026, with transitional periods for existing companies.
Early preparation can help your company meet the new requirements smoothly once legislation is adopted.
- Which companies are affected?
Mandatory reporting applies to most Swiss legal entities, including AGs, GmbHs, cooperatives and certain investment structures, as well as foreign entities with a connection to Switzerland (for example, a Swiss branch or real estate). (Non-profit entities, such as associations and foundations are exempt from the reporting requirement.)
Check whether your company is affected by this policy.
- What information must be reported?
Companies must identify their beneficial owners, verify their identity, document the ownership and control structure, and report this information to the register.
Complex ownership chains often require careful analysis to identify the correct beneficial owners. You are welcome to contact us to accompany you during this process.
- Who is considered a beneficial owner?Wer gilt als wirtschaftlich berechtigte Person?
A beneficial owner is generally a natural person who ultimately controls a company, for example by holding at least 25% of the capital or voting rights, directly or indirectly, or otherwise exercising control.
Please feel free to contact us for support in identifying the correct beneficial owners within complex structures.
- How and when must reporting be made?
Companies must declare their beneficial owners electronically, generally within one month of incorporation or any relevant change. Registration itself is free of charge.
Timely and accurate reporting are strongly advised to avoid compliance issues. Please feel free to contact us should you seek advice on this matter.
- Will the public be able to access the Transparency Register?
The register will not be available to the public. Access is limited to authorities and certain regulated professionals, such as financial intermediaries, for compliance purposes
Should you wish to clarify who has access to your data and what this means for data confidentiality, we would be happy to explain it to you.
- What happens if a company does not comply?
Failure to comply can result in significant sanctions, including fines of up to CHF 500,000 and other regulatory consequences.
Avoid penalties – let us help you ensure full compliance with the legislation.
- What should companies do now?
Companies should review their ownership structures, identify beneficial owners and prepare for reporting obligations in the coming months.
Please contact us to review your structure and prepare a tailored compliance plan.
DUFOUR – here to help
The new Transparency Register raises important legal and practical questions, especially for companies with complex ownership structures and/or international links.
Please contact our team for tailored advice and assistance with compliance, reporting and implementation.
