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What’s Still Pending as the Transparency Registry Launches

Implementation Reading time: about 6 minutes

On October 1, 2026, the TJPG and TJPV will take effect. The legal framework is in place—but the infrastructure isn’t fully established everywhere, and the wording leaves questions unanswered in several areas. This article summarizes what applies, which deadlines are in effect, what’s missing at launch, and where an interpretation is required.

Chronik

Key facts about the legislation’s development, insofar as they are relevant to its application.

From adoption to entry into force
DateEvent
26 September 2025The Federal Act on the Transparency of Legal Entities and the Identification of Beneficial Owners (TJPG) is enacted.
12 June 2026The Federal Council adopts the corresponding ordinance (TJPV). It specifies the definitions, the information to be reported, access to the registry, and registry management. This was preceded by a consultation process, the results of which were summarized by the Federal Department of Finance in a report.
1 October 2026The TJPG and TJPV enter into force. The transparency register, administered by the Federal Office of Justice, begins accepting reports.

Calendar of Deadlines

All deadlines resulting from the transitional provisions. Which one applies to you depends on your legal form, audit status, and who is ultimately reported.

Key dates under the TJPG
DateWho It AffectsLegal Basis
1 January 2027Corporations Subject to Mandatory AuditsArt. 51(3) TJPG, 3 months
February 1, 2027Other companies subject to mandatory regular audits, namely the GmbHArt. 51(3) TJPG, 4 months
March 1, 2027Corporations that do not meet the requirements for a regular auditArt. 51(3) TJPG, 5 months
April 1, 2027Other companies that do not meet the requirements for a limited audit, as well as other legal entities. Note: According to the wording, a limited-audit GmbH falls under neither this category nor the February 1 provision—see “Open Issues.”Art. 51(3) TJPG, 6 months
April 1, 2027Legal entities governed by foreign law that are subject to the ActArt. 53 TJPG, 6 months
1 October 2028Companies in which all beneficial owners are registered in the Commercial Register as shareholders or as members of a governing bodyArt. 51(2) TJPG, 2 years
October 1, 2036End of the retention period for the inventory prepared under previous law for AGs and GmbHsArt. 50 TJPG, 10 years
ongoingNewly formed companies: 1 month from the date of entry in the commercial register. First amendment to an existing entry after the law takes effect: 1 month from the date of such entry. Amendment to a registered fact: 1 month from the date of knowledge.Art. 9(4), Art. 51(1), and Art. 10 TJPG

You can determine which deadline applies to you in just a few minutes: The detailed TJPG Check assigns your company to the correct case group and explains the basis for that assignment. An overview of all regimes is available under “Deadlines.”

Implementation Status

Three points regarding the launch that you should know before planning.

The reporting channel is predetermined

According to Art. 26(1) TJPV, the legal entity must use the electronic platform established under the Business Relief Act for the reporting procedure; the explanatory notes specify the EasyGov platform operated by SECO. In addition, under the conditions set forth in Art. 11 TJPG, the option of filing through the Commercial Registry Office is available.

The interface is not yet available

Article 26(2) of the TJPV allows the FDJP to provide an additional interface through which reports can be transmitted directly from its own systems. During the consultation process, this was requested primarily by service providers who assist legal entities in fulfilling their reporting obligations. According to the explanatory notes, it will not yet be available upon entry into force due to resource constraints.

Access Requires Lead Time

The power-of-attorney form is sent by mail in accordance with Art. 27 TJPV; the authorized representative must register and authenticate in accordance with Arts. 28 and 29 TJPV; and the company needs a UID in accordance with Art. 30 TJPV. For many companies, the return of these forms determines the timeline, not the report itself.

There is one exception: Anyone who meets the requirements of the simplified registration procedure and is being newly entered into the Commercial Register may submit the registration via the Commercial Register Office in accordance with Art. 37(1) TJPV—without platform access. For more details, see “New Company Formation and Registration Requirements.”

Prior to the system going live, a pilot test will be conducted in accordance with Art. 67 TJPV: The newly established IT infrastructure and interfaces will be tested using real data, with the participation of legal entities, the registry-maintaining authority, the commercial registry offices, the supervisory authority, and the authorized authorities. The pilot test will continue until the law enters into force.

Offene Punkte

While reviewing the law and ordinance, we encountered several passages whose meaning cannot be determined with certainty from the wording alone. We list them here so that you know where an interpretation lies—and we will update this entry as soon as a standard practice emerges.

Deadline for the limited revision of a GmbH: Art. 51(3) TJPG

The provision distinguishes between two categories for companies other than stock corporations: four months if an ordinary audit is required, and six months if the requirements for a limited audit are not met. A limited-audit GmbH falls into neither category; the same applies in the case of an opt-out. Until this is clarified, the shorter deadline is the safer option. More on the GmbH page.

Transition Period for the KmGK, Art. 51(1) TJPG

A limited partnership for collective investment schemes (KmGK) is a limited partnership and therefore not a legal entity. However, the provision refers to legal entities under Swiss private law. The wording does not make it clear whether the transition periods apply to it. More on the page about SICAVs, SICAFs, and KmGKs.

Signature for a New Registration, Art. 34(1) TJPV

The provision requires signatures from persons who, according to their signing authority as recorded in the Commercial Register, are authorized to sign. At the time of incorporation, these persons are not yet registered—they are only registered upon filing the application. It remains to be seen how the authorities will handle this. More under “New Incorporation” and “Reporting Obligation.”

Who is the “highest-ranking member of the governing body”? Art. 12 TJPG

The only legal definition is found in Art. 20(3) TJPV, where it serves to identify the person subject to subsidiary reporting requirements. The wording is general in nature; there is no explicit provision regarding Art. 12 TJPG. Those assigning internal responsibilities should therefore explicitly define them. More under “Responsibilities of the Board of Directors.”

Sources

Federal Act of September 26, 2025, on the Transparency of Legal Entities and the Identification of Beneficial Owners (TJPG, SR 955.3) and Ordinance of June 12, 2026 (TJPV, SR 955.31), both effective as of October 1, 2026, as well as the Federal Department of Finance’s explanatory notes on the TJPV and its report on the results of the consultation process. The questions listed under “Open Issues” are based on our interpretation of the text and do not constitute legal advice.

Back to the news

The first key date is 1 January 2027

Those who start early have time for identification, powers of attorney and the report. Those who start late do not. We determine your case group and guide you through the procedure.