How do I determine the name of the general partnership?
The choice of an appropriate company name can be crucial to the success of your business. Certain legal requirements must be met.
Changes to the law on business names for general partnership
Since July 1st 2016, the new law on business names has been in force. The amendment created a central novelty, especially for the general partnership. Prior to the revision of the law, the surname of at least one of the partners had to be included in the company name. This rule, which was considered too restrictive, was abolished with the revision. In view of the general principles for the formation of business names (Art. 950 CO), the name of the company may now be freely chosen, even in the case of a general partnership.
Fancy names for general partnership
This means that general partnerships may also use fanciful designations in their business names. Misleading business names are still not allowed. For example, the business name “ABC Bakery SNC” would not be permitted if the partnership does not actually operate a bakery, but a painting business.
Risk of confusion
It must also be ensured that the desired company name has not yet been assigned. The registration of identical companies in the commercial register is not possible. It is irrelevant whether the business name already registered is a general partnership, a corporation (Plc, Ltd) or a sole proprietorship. Similar business names can be registered, but it is advisable to choose a business name that clearly distinguishes itself from the competition. To check which business names already exist, it is recommended to consult the central index of business names (www.zefix.ch).
Finally, the company name should be supplemented by the word SNC, in french-speaking cantons or KLG in the German-speaking cantons.
Do you have any innovative business idea you would like to make come true? Use STARTUPS.CH experts to become self-employed.
» Contact us for a personal consultation
» Get a quote and start your business now
»Discover more informations on entrepreneurship in Switzerland
Get started as Mompreneur: www.mom-preneur.ch/en/home
Get started as Dadpreneur: www.dad-preneur.ch/en/home
Get started as Seniorpreneur: www.senior-preneur.ch/en/home
Get started as Youngpreneur: www.young-preneur.ch/en/home
