As at 27 September 2026, the new TJPG/TJPV duties had not started; commencement was scheduled for 1 October 2026.
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SR 955.3 · SR 955.31 · Editorial explanation
Swiss Beneficial-Owner Register: TJPG and TJPV
IMPORTANT: on the review date, 27 September 2026, the TJPG and TJPV had been enacted and published but were not yet in force. Commencement was scheduled for 1 October 2026; until then this guide describes a future regime, not current law.
Enacted but not yet in force. As at 27 September 2026, this regime was not yet in force. Its scheduled commencement date is 1 October 2026.
Key takeaways
Key takeaways
This material explains the official publication without reproducing it and is not an official translation or individual advice. Current legislation, cantonal practice and the facts must be checked before application.
The Act covers listed forms of Swiss company, certain foreign legal entities with a Swiss nexus and specified trustee obligations.
Beneficial ownership is identified through a direct or indirect holding of at least 25 per cent, control by other means or, if no such person exists, the senior managing official.
An entity must identify and verify persons, document the control chain, retain information and report prescribed data to the federal register.
The register is not public; access, discrepancy reporting, controls and sanctions follow the Act and Ordinance.
01
Future status and covered persons
The TJPG was enacted on 26 September 2025 and published as AS 2026 323; the TJPV was adopted on 12 June 2026 and published under SR 955.31. Both instruments commence only on 1 October 2026. Their duties therefore had not started on 27 September. The Act covers, among others, AGs, partnerships limited by shares, GmbHs, cooperatives, SICAVs, SICAFs and limited partnerships for collective investment, plus certain foreign legal entities with a Swiss branch, effective management or Swiss real estate. Exclusions require entity-specific review.
02
Identification, verification and reporting
An entity first identifies the natural person who directly or indirectly controls at least 25 per cent of capital or votes, acts in concert or exercises control by other means. If no such person exists, the senior member of the managing body is reported under the fallback rule. The TJPV details indirect holdings, control chains, trusts, foundations, concert parties and participation bands. Information must be verified by reasonable measures, documented, kept current and reported within the prescribed time; inability to verify does not permit a blank filing and triggers specific reporting.
03
Register, access and transition to application
The federal Transparency Register is not a public company-search database. Access is granted to specified authorities and, within statutory duties, to financial intermediaries and other authorised users. Discrepancy reports and risk-based review are designed to improve accuracy, but an entry does not replace the user's own due diligence. Transitional filing periods vary by entity category and existing status. Preparatory work is appropriate before 1 October 2026, but a future duty must not be described as already operative or breached; after commencement, the final Fedlex versions and the entity's specific filing deadline must be checked.
Fedlex · ESTV · FINMA
Official source
This material explains the official publication without reproducing it and is not an official translation or individual advice. Current legislation, cantonal practice and the facts must be checked before application.
SR 955.3 · AS 2026 323
Fedlex · 2025-09-26 · 2026-10-01 · PDF · 34
Open the complete official publication ↗SR 955.31 · AS 2026 364
Fedlex · 2026-06-12 · 2026-10-01 · PDF · 40
Open the complete official publication ↗Smart Global Capital
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