General partnership

The KLG concentrated on the essentials

At least two persons are required to form a general partnership. This legal form is particularly suitable for personal companies.

The partners of the general partnership are liable with their private assets for the debts of the company.

Minimum capital none
Foundation costs Commercial Registry Office: CHF 200.- to 300.-
Fasoon: CHF 100.-
Liability Personal liability of the partners
Relationship between the shareholders A partnership agreement can regulate certain points (e.g. distribution of profits and losses)
Name Fantasy name + KLG
Social security Self-employed, i.e. AHV deduction from company profits
Bookkeeping Double-entry accounting from CHF 500,000.- turnover per year

 

Further information on the general partnership (KLG)

Would you like to know more about the general partnership? In our blog you will find articles in which we discuss the different aspects of KLG.