Switzerland’s new transparency register brings reporting requirements for SMEs concerning the people who ultimately own or control them. Even companies with straightforward ownership structures need to understand whether they are affected and what information they must provide.
ETL GLOBAL Member in Switzerland, cmt explains which companies fall within the register’s scope and what identifying beneficial owners involves. The article outlines how SMEs can review their shareholding arrangements and prepare internal procedures to keep ownership information up to date.
Read the full article, available in German, to understand what the transparency register means for your SME and contact cmt for further assistance.
