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Business Bank Account vs. Personal Account – What Your GmbH Must Have

2025-09-10 19:01

Why a Business Account Is Required

When establishing a GmbH (Limited Liability Company) in Switzerland, one of the first legal obligations is depositing the share capital into a blocked business account. Without this step, the GmbH cannot be entered into the commercial register.
A personal account is not accepted. Swiss corporate law demands that company and private finances remain separate, ensuring transparency, compliance, and reliable accounting.
👉 Learn more about our company foundation services.

Business Account vs. Personal Account – What’s the Difference?

👉 For more, see our guide on Swiss business bank accounts.

What Banks Typically Request

To open a business account for a GmbH, Swiss banks usually ask for:
  • Draft statutes and incorporation documents
  • Notarial deed of incorporation
  • Identification of shareholders and directors
  • Proof of share capital deposit (CHF 20,000 minimum for GmbH)
  • Compliance documents (beneficial ownership, AML checks)
Only once the GmbH is registered in the Commercial Register are the funds released from the blocked account to the active business account.

Why a Personal Account Won’t Work

Attempting to use a personal account for a GmbH may result in:
  • Rejection of registration by the Commercial Register
  • Compliance issues with banks and authorities
  • Accounting problems caused by mixed finances
  • Personal liability risks for shareholders
For both legal and practical reasons, only a business account gives your GmbH the proper foundation.

The Advantages of a Business Account

In addition to being a legal necessity, a business account also provides:
  • Credibility with suppliers, clients, and partners
  • Access to financing and corporate banking tools
  • Transparent accounting and financial reporting
  • A professional image backed by Swiss governance standards
👉 DeinDomizil can also support with titular managing directors and domicile addresses to ensure your GmbH is fully compliant from day one.

Final Word

A business bank account is not just a formality — it is a cornerstone of Swiss GmbH formation. Personal accounts may be convenient but cannot meet the legal, financial, or compliance requirements for a company.
With DeinDomizil’s expert guidance, opening a business account and structuring your GmbH is straightforward and professional.

📌 Contact DeinDomizil

📞 +41 (0)41 410 61 61
📧 info@deindomizil.ch
🏢 Blegistrasse 7, 6340 Baar, Switzerland
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