Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

¹ A nat­ur­al per­son who op­er­ates a busi­ness that in the most re­cent fin­an­cial year achieved rev­en­ues of at least 100 000 francs must have their sole pro­pri­et­or­ships entered in the com­mer­cial re­gister at the place of found­a­tion. Ex­emp­ted from this ob­lig­a­tion are mem­bers of the lib­er­al pro­fes­sions and farm­ers who do not op­er­ate a com­mer­cial busi­ness.

² Branch of­fices must be entered in the com­mer­cial re­gister of the place where they are loc­ated.

³ Sole pro­pri­et­or­ships and branch of­fices that are not re­quired to re­gister are non­ethe­less en­titled to be re­gistered.