Why a Business Account Matters for a GmbH
When forming a GmbH (Gesellschaft mit beschränkter Haftung) in Switzerland, one of the key steps is depositing the share capital. By law, this capital must be placed into a business account on a blocked (Sperrkonto) until the company is registered.
A common misconception among new entrepreneurs is that a personal bank account might be enough. The reality: it isn’t. Swiss law requires a clearly separated business account to ensure transparency, proper accounting, and compliance with corporate regulations.
👉 Learn more about the process of founding a GmbH in Switzerland.
Business Account vs. Personal Account: The Key Differences
What Banks Require for a GmbH Account
When opening a business account for your GmbH, Swiss banks will typically request:
- Draft of the GmbH statutes
- Incorporation documents and notarial deed
- Identification of shareholders and directors
- Proof of share capital deposit (min. CHF 20,000 for GmbH)
- Compliance documents (beneficial ownership, AML checks)
Only once the company is registered in the Commercial Register will the funds be released from the blocked account into the active business account.
👉 See also: Opening a Swiss business bank account.
Why You Shouldn’t Use a Personal Account
Trying to use a personal account for a GmbH can lead to:
- Registration refusal by the Commercial Register
- Compliance issues with banks and tax authorities
- Complicated accounting and blurred financial lines
- Risk of personal liability if company funds are mixed with private money
For both legal and practical reasons, a business account is not optional — it is essential.
Building Credibility with a Business Account
Beyond compliance, a proper business account helps you:
- Build trust with clients, suppliers, and partners
- Access financing options such as credit lines and business loans
- Keep your accounting and tax reporting clean
- Demonstrate professional corporate governance
Final Takeaway
A business bank account is an indispensable part of setting up a Swiss GmbH. Personal accounts may be convenient, but they simply don’t meet the legal or financial requirements for operating a company.
With the right guidance, opening a GmbH account in Switzerland is straightforward — and it sets the foundation for credibility and growth.
📌 Contact RB Swiss Group
RB Swiss Group GmbH
Blegistrasse 7
CH - 6340 Baar
Phone: +41 41 410 61 61
Mail: info@rbswiss.com
Web: www.rbswiss.com