Revision of the Swiss company law
At the beginning of 2023 a revision of company law will be implemented in the Swiss Code of Obligations, making it more flexible and up to date with technology.
This revision mainly involves the following changes:
- The possibility to hold the general meetings virtually (e.g. via Teams, Zoom, etc.);
- The Board of directors has now the competence to change the share capital within a predetermined fluctuation margin ;
- The opportunity to set the share capital in a foreign currency.
The companies who need to adapt their articles of association during 2022 may also insert the new provisions from now on, in spite of the fact that the new law regulations will become effective as of 01.01.2023 only.
