Business 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.

Sole proprietorship

The entire assets of a sole proprietorship are included in private assets. The account is treated as a private account.

Simple partnership, general partnership

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.

Private limited company, limited liability company

The death of a partner or an organ of a legal entity does not usually have any effect on the business account of the legal person (exceptions may arise, such as a one-person private limited company or a one-person limited liability company). If you have any general questions, the commercial register or statutory auditors will be able to help.