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AG (public limited company)

The company limited by shares is a corporation with share capital of at least CHF 100,000, of which at least CHF 50,000 must be paid in; the shareholders do not appear in the commercial register.

Definition

The essential practical difference from a GmbH is anonymity and the easier transfer of holdings: shares change owner without a commercial register entry. In return the AG requires a share register and, for bearer shares, notification of the beneficial owners.

Organisationally it needs a board of directors and a general meeting with minutes. Bookkeeping, year end and audit questions match those of the GmbH.

The wording

The share capital may not be less than CHF 100,000. — In all cases the contributions made must amount to at least CHF 50,000.
Article 621 paragraph 1 and Article 632 paragraph 2 of the Code of Obligations (SR 220)

The numbers

CHF 100,000
minimum share capital Art. 621 CO
CHF 50,000
minimum amount to be paid in Art. 632 CO

Where to read it

What the software must be able to do

On top of the GmbH’s requirements come keeping the share register and, with several participants, managing resolutions and minutes. Both lie outside what accounting software usually does.

Checked Aug 2026

More terms under Legal form and register: Association Auditor Commercial register Cooperative General partnership GmbH (limited liability company) Liquidation Signing authority (Prokura) Sole proprietorship UID number