Checklist general partnership

Founding a general partnership is straightforward and no minimum contributions are required. This legal form is ideal for entrepreneurs who have a close personal and professional connection. The following check list covers the key questions. 

Status

Have you budgeted for the costs incurred when setting up a general partnership (entry in the commercial register, insurance, infrastructure, etc.)?

Have you weighed up the pros and cons of a general partnership?

Have you put your business idea into writing and, ideally, drawn up a business plan?

Have you drawn up a partnership agreement for all of the partners?

Have you sought out tax advice? Important: Setting up a general partnership will impact your private assets, and any plans that will affect your family also need to be factored in (purchase of property, pension fund withdrawal, etc.).

Have you found a founding platform or a notary to create the general partnership? You can easily found your company online at https://www.ifj.ch/incorporate/service.