Transfer Of Business Ownership Agreement for Switzerland

Transfer Of Business Ownership Agreement Template for Switzerland

A comprehensive legal document governed by Swiss law that facilitates the transfer of business ownership from one party to another. The agreement encompasses all aspects of the business transfer, including assets, liabilities, employees, contracts, and intellectual property, while ensuring compliance with Swiss legal requirements, particularly the Swiss Code of Obligations (OR). The document addresses crucial elements such as purchase price, payment terms, warranties, employee transfers under Art. 333 OR, and post-completion obligations, while incorporating necessary provisions for commercial registry registration and regulatory compliance.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Transfer Of Business Ownership Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Transfer Of Business Ownership Agreement?

The Transfer Of Business Ownership Agreement is a critical legal instrument used in Switzerland when transferring the ownership of a business from one party to another. This document is essential for transactions ranging from small business sales to large corporate transfers, ensuring compliance with Swiss legal requirements, particularly the Swiss Code of Obligations (OR) and the Federal Act on Merger, Demerger, Transformation and Transfer of Assets. The agreement comprehensively covers all aspects of the transfer, including detailed provisions for asset transfer, employee transition (under Art. 333 OR), liability allocation, and necessary regulatory approvals. It serves as the primary document for recording the terms and conditions of the business transfer, protecting both parties' interests, and ensuring smooth transition of ownership while maintaining compliance with Swiss commercial, employment, and tax laws.

What sections should be included in a Transfer Of Business Ownership Agreement?

1. Parties: Identification of the transferor (seller) and transferee (buyer), including full legal names, registration numbers, and registered addresses

2. Background: Context of the transaction, description of the business, and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Sale and Purchase: Core provision detailing the transfer of business ownership and assets included in the sale

5. Purchase Price: Specification of the purchase price, payment terms, and payment mechanics

6. Completion: Details of the completion process, including timing, location, and actions required at completion

7. Seller's Warranties: Warranties given by the seller regarding the business, assets, liabilities, and other material aspects

8. Buyer's Warranties: Basic warranties from the buyer regarding authority to enter into the agreement and financial capacity

9. Employment Matters: Provisions regarding the transfer of employees under Art. 333 OR and related obligations

10. Tax Matters: Allocation of tax liabilities and responsibilities between parties

11. Confidentiality: Obligations regarding confidential information and announcements

12. Data Protection: Provisions ensuring compliance with Swiss data protection laws in the transfer of customer and employee data

13. Governing Law and Jurisdiction: Specification of Swiss law as governing law and jurisdiction for disputes

What sections are optional to include in a Transfer Of Business Ownership Agreement?

1. Earn-out Provisions: Include when part of the purchase price is contingent on future performance

2. Non-Competition: Include when the seller needs to be restricted from competing with the business post-sale

3. Transitional Services: Include when the seller will provide temporary support services post-completion

4. Intellectual Property License: Include when certain IP rights need to be licensed rather than transferred

5. Real Estate Provisions: Include when the transfer involves real property requiring special treatment

6. Environmental Matters: Include for businesses with significant environmental aspects or risks

7. Post-Completion Adjustments: Include when the purchase price needs to be adjusted based on completion accounts

8. Seller's Continuing Involvement: Include when the seller will maintain some role in the business

What schedules should be included in a Transfer Of Business Ownership Agreement?

1. Business Assets Schedule: Detailed list of all assets included in the transfer

2. Excluded Assets Schedule: List of assets specifically excluded from the transfer

3. Employee Schedule: List of all employees, their positions, and key employment terms

4. Material Contracts Schedule: List of all material contracts being transferred

5. Intellectual Property Schedule: Detailed list of all IP rights included in the transfer

6. Real Estate Schedule: Details of any real estate included in the transfer

7. Completion Actions: Detailed list of actions required to be taken at completion

8. Warranties Schedule: Detailed warranties given by the seller

9. Lease Agreements: Copies of relevant lease agreements

10. Required Consents: List of third-party consents required for the transfer

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Switzerland

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Manufacturing

Retail

Professional Services

Technology

Healthcare

Hospitality

Construction

Real Estate

Financial Services

Transportation

Energy

Agriculture

Entertainment

Education

Consulting

Relevant Teams

Legal

Finance

Executive Leadership

Mergers & Acquisitions

Human Resources

Tax

Compliance

Risk Management

Corporate Development

Operations

Relevant Roles

Chief Executive Officer

Chief Financial Officer

General Counsel

Legal Director

Corporate Lawyer

Business Development Director

Mergers & Acquisitions Manager

Tax Director

Finance Manager

Human Resources Director

Operations Director

Company Secretary

Risk Manager

Compliance Officer

Business Owner

Managing Partner

Industries
Swiss Code of Obligations (OR) - Art. 181: Governs the transfer of business assets and liabilities (Assignment of Assets and Liabilities). Stipulates requirements for transfer of rights and obligations in a business transfer.
Swiss Code of Obligations (OR) - Art. 333: Regulates the transfer of employment relationships in business transfers. Employment contracts automatically transfer to the new owner with all rights and obligations.
Federal Act on Merger, Demerger, Transformation and Transfer of Assets (Merger Act): Provides framework for various forms of corporate restructuring, including detailed procedures for business transfers and asset deals.
Swiss Commercial Register Ordinance: Governs registration requirements for business ownership changes in the commercial register, including necessary documentation and procedures.
Federal Act on Value Added Tax: Regulates VAT implications of business transfers, including potential exemptions for transfers of going concerns.
Federal Act on Direct Federal Taxation: Covers income and profit tax implications of business transfers for both seller and buyer.
Federal Act on Cartels and Other Restraints of Competition: May be relevant for larger business transfers that could impact market competition, requiring potential merger control notifications.
Data Protection Act (DPA): Governs the transfer of personal data associated with the business, including customer and employee data.
Swiss Civil Code - Art. 181: Provides general framework for property transfers and registration of ownership changes.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Standard Form Of Contract In (Construction)

A standardized construction contract template compliant with Swiss law and SIA norms, providing a comprehensive framework for construction projects in Switzerland.

find out more

Non Binding Contract

A Non-Binding Contract under Swiss law that formalizes preliminary agreements while maintaining non-binding status, suitable for various business relationships and negotiations.

find out more

Legal Contract

A Swiss law-governed legal contract providing a structured framework for binding agreements, compliant with the Swiss Code of Obligations.

find out more

Rent Agreement Draft

Swiss-law compliant rental agreement template for residential or commercial properties, aligned with the Swiss Code of Obligations and cantonal requirements.

find out more

Staff Agreement Letter

A formal employment offer letter compliant with Swiss law that outlines key employment terms and conditions while serving as an initial employment contract document.

find out more

Option Contract (Real Estate)

A Swiss law-governed agreement granting the right to purchase or sell real estate at predetermined terms within a specified period, subject to cantonal notarization requirements.

find out more

Common Agreement

A flexible legal agreement governed by Swiss law, suitable for establishing various types of contractual relationships between parties under Swiss jurisdiction.

find out more

Agreement To Lease

A Swiss-law governed agreement establishing terms and conditions for property lease between landlord and tenant, compliant with Swiss federal and cantonal requirements.

find out more

Professional Services Agreement

Swiss law-governed Professional Services Agreement establishing terms between service provider and client, compliant with Swiss Code of Obligations.

find out more

Bilateral Contract

A Swiss law-governed bilateral contract establishing mutual rights and obligations between two parties, structured according to Swiss legal requirements.

find out more

Legal Agreement Between Two Parties

A Swiss law-governed bilateral agreement template for establishing contractual relationships between two parties, compliant with the Swiss Code of Obligations.

find out more

Legal Binding Contract

A Swiss law-governed binding contract establishing enforceable rights and obligations between parties under the Swiss Code of Obligations.

find out more

Written Agreement

A formal contract document governed by Swiss law that establishes legally binding obligations between parties, following Swiss Code of Obligations requirements.

find out more

Simple Agreement

A basic contractual document under Swiss law designed to formalize straightforward business arrangements between parties.

find out more

Side Agreement

A Swiss law-governed supplementary agreement that modifies or clarifies specific terms of an existing main agreement while maintaining the original contract's core structure.

find out more

Mutual Agreement Between Two Parties

A Swiss law-governed mutual agreement establishing bilateral obligations and rights between two parties, compliant with the Swiss Code of Obligations.

find out more

Incorporation Agreement

A legal document governed by Swiss law that establishes the framework for creating a new company, defining shareholder relationships and corporate structure.

find out more

Casual Worker Contract

A Swiss law-governed Casual Worker Contract establishing flexible working arrangements with no guaranteed hours, compliant with Swiss employment regulations.

find out more

Business Transfer Agreement

A Swiss law-governed agreement documenting the complete transfer of a business, including assets, employees, and liabilities, from one entity to another.

find out more

Boilerplate Agreement

A Swiss law-governed template agreement providing a standardized framework for commercial relationships, compliant with Swiss legal requirements.

find out more

Amended Contract

A Swiss law-governed document that formally modifies an existing contract while maintaining its core structure and legal validity.

find out more

Representation Agreement

A Swiss law-governed agreement establishing the terms and scope of authority for a representative to act on behalf of a principal.

find out more

Preliminary Agreement

A Swiss law-governed framework document outlining terms and conditions for negotiating a potential transaction or business relationship, including both binding and non-binding provisions.

find out more

Notary Rent Agreement

A notarized lease agreement under Swiss law that establishes a formal rental relationship between parties, with legal verification through notarial authentication.

find out more

Model Tenancy Agreement

A standardized residential lease agreement template compliant with Swiss tenancy law and federal regulations.

find out more

Prenuptial Agreement

A notarized agreement under Swiss law that establishes property rights and financial arrangements between prospective spouses before marriage.

find out more

Commercial Lease Form

Swiss law-governed commercial lease agreement for business premises, incorporating federal and cantonal requirements for commercial property rental.

find out more

Simple Car Sale Agreement

Swiss law-governed agreement template for vehicle sales, covering essential terms for transfer of ownership and registration under Swiss regulations.

find out more

Contra Agreement

A Swiss law-governed agreement establishing terms for the exchange of goods or services between parties without monetary payment.

find out more

Catering Contract

Swiss law-governed agreement establishing terms and conditions for catering services, incorporating federal and cantonal requirements for food service provision.

find out more

Employment Contract Form

Swiss-law compliant employment contract template establishing key terms and conditions of employment relationship under Swiss jurisdiction.

find out more

Contractual Agreement

A Swiss law-governed agreement establishing binding obligations between parties, structured according to Swiss Code of Obligations requirements.

find out more

Security Agreement Form

A Swiss law-governed agreement establishing security interests over assets, detailing terms of pledge or assignment and enforcement rights under Swiss law.

find out more

Labour Contract Agreement For Construction Of House

Swiss-law governed labor contract agreement for house construction projects, incorporating federal labor laws and cantonal building regulations.

find out more

Partnership Agreement

A Swiss law-governed agreement establishing a partnership between two or more parties, defining their rights, obligations, and business relationship.

find out more

Business Cooperation Agreement

Swiss-law governed agreement establishing terms and conditions for business cooperation between multiple parties, including scope, responsibilities, and mutual obligations.

find out more

Employee Training Reimbursement Agreement

A Swiss-law agreement setting out terms for employer-funded professional training and employee reimbursement obligations.

find out more

Tenancy Agreement

Swiss law-compliant agreement establishing terms and conditions for property rental in Switzerland, governed by the Swiss Code of Obligations and cantonal regulations.

find out more

Confidentiality And Non Disclosure Agreement

Swiss law-governed confidentiality agreement protecting sensitive business information exchange between parties, compliant with Swiss legal requirements.

find out more

Rental Contract

A legally binding agreement under Swiss law governing property rental arrangements, outlining rights and obligations of landlords and tenants in Switzerland.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now