Which Swiss legal entities are subject to the Legal Entity Transparency Act (LETA)?
Antwort
LETA applies to virtually all legal entities under Swiss private law, including AGs (joint-stock companies), GmbHs (limited liability companies), partnerships limited by shares, cooperatives, SICAVs, SICAFs, and limited partnerships for collective investment schemes. All these entities must identify and report their beneficial owners.
Weitere relevante Fragen
Is the Communication Generator free to use?
Yes. The Communication Generator is free to use.
Does every shareholder or member qualify as a beneficial owner?
No. The fact that a company requests information from a shareholder or member does not automatically mean that this person is a beneficial owner. Indirect structures, acting in concert and other means of control may also be relevant.
Does the Communication Generator identify the beneficial owners?
No. The generator supports communication and information gathering. The actual assessment of who qualifies as a beneficial owner and who must be reported to the transparency register takes place afterwards. Konsento’s Transparency Register Reporting Assistant can be used for this assessment.