Sole proprietorship
The entire assets of a sole proprietorship are included in private assets. The account is treated as a private account.
What happens with a deceased person’s business account? Depending on the legal form of the company, the account can be managed or closed just like a private account. Find out more about this.
The entire assets of a sole proprietorship are included in private assets. The account is treated as a private account.
In accordance with the law, partnerships (i.e. simple partnerships and general partnerships) are closed upon the death of the partner. As the surviving partners often seek to continue the business, however, the company account can be continued at PostFinance, provided that the required documents have been supplied.
The death of an associate or an organ of a legal entity does not have any effect on the business account of the legal entity. If you have any general questions, the commercial register or statutory auditors will be able to help.