Company Articles Of Association Template for Switzerland
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What is a Company Articles Of Association?
Company Articles of Association are mandatory foundational documents required for establishing any corporation or limited liability company in Switzerland. This document serves as the company's constitution, outlining its fundamental structure, purpose, and governance rules. Required by the Swiss Code of Obligations, it must contain certain mandatory provisions such as company name, registered office, purpose, share capital structure, and corporate bodies. The Articles must be notarized and filed with the Commercial Register to legally establish the company. They form the basis for all corporate actions and decisions, and can only be modified through formal amendment procedures requiring shareholder approval and notarization. The document is particularly crucial as it binds the company, its shareholders, and its corporate bodies, and serves as a reference point for both internal governance and external dealings.
About the Company Articles Of Association
Company Articles Of Association are the foundational constitutional documents that every Swiss corporation or limited liability company must have to operate legally. Under Swiss law, these documents serve as your company's internal rulebook, defining everything from its purpose and structure to how decisions are made and disputes resolved. Whether you're establishing an AG (Aktiengesellschaft), SA (Société Anonyme), or GmbH/Sàrl, having properly drafted Articles is not just recommended—it's a legal requirement.
When do you need this document?
You need Company Articles Of Association whenever you're incorporating a new business entity in Switzerland. This includes when founding shareholders are establishing a startup, existing businesses are converting to Swiss corporate structures, or international companies are setting up Swiss subsidiaries. The document is also required when making fundamental changes to your company's structure, such as altering share capital, changing the company purpose, or modifying governance arrangements. Banks, investors, and business partners will regularly request to review your Articles when evaluating potential relationships or transactions.
Key legal considerations
Your Articles Of Association must contain several mandatory provisions under Swiss law, including the exact company name, registered office location, detailed company purpose, share capital amount and structure, and identification of corporate bodies. The document determines voting rights, dividend distribution rules, and procedures for transferring shares—decisions that significantly impact shareholder relationships and company operations. Consider including provisions for different share classes, pre-emption rights, and tag-along/drag-along rights if you plan to have multiple investors. The Articles also establish your Board of Directors' powers and limitations, which affects day-to-day management and strategic decision-making authority.
Legal requirements in Switzerland
Swiss law requires that Company Articles Of Association be executed before a notary public and contain specific mandatory elements outlined in Articles 620-763 of the Swiss Code of Obligations. The minimum share capital is CHF 100,000 for corporations (AG/SA) and CHF 20,000 for limited liability companies (GmbH/Sàrl), with at least 50% paid up at incorporation. Your Articles must be filed with the Commercial Register along with other incorporation documents, and any subsequent amendments require shareholder approval, notarization, and re-filing. The Commercial Register Ordinance (HRegV) specifies exact formatting and content requirements that your Articles must meet for acceptance by the register office.
GOVERNING LAW
Applicable law
This Company Articles Of Association is drafted to comply with Switzerland law. Key legislation includes:
Swiss Code of Obligations (OR) - Articles 772-827: Provisions specific to Limited Liability Companies (GmbH/Sàrl), if this corporate form is chosen instead of AG/SA
Commercial Register Ordinance (HRegV): Regulations regarding company registration, including required content for Articles of Association and registration procedures
Federal Act on Merger, Demerger, Transformation and Transfer of Assets (FusG): Relevant for provisions in Articles of Association regarding potential corporate restructuring
Federal Act on Financial Market Infrastructures (FinfraG): Additional requirements for Articles of Association if the company plans to be or become listed on a stock exchange
Swiss Civil Code (ZGB) - Articles 52-59: Basic provisions regarding legal personalities and their formation, which provide the fundamental framework for corporate entities
Federal Act on the Implementation of International AML Standards: Relevant for provisions regarding share registration and transparency requirements
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