The main changes in connection with the new regulations of the corporate law, which entered into force on 1st January 2023, allow greater flexibility for share capital and equity distributions as well as the enhancement in the modernisation of general meeting. Companies have a two-year timeframe (until 1st January 2025) to amend their articles of association according to the new regulations.
Overview of the main changes
What does it mean for you?
The new corporate law offers new mechanism to Swiss based companies, which provides more flexibility for share capital and equity distributions, enhancement in the modernisation of general meeting. In order to benefit from the new corporate law, the companies have to adjust their articles of association. Therefore, it is recommended to adjust the current articles of association we well as any other organisational regulations according to the new regulations.
Article written by Dominique Roggo and Caryl Neuenschwander