the swiss verein
TRANSCRIPT
The Swiss Verein
A presentation brought to you by LawyersSwitzerland.com
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What is the Swiss Verein?
• The verein (or association) is a legal structure recognized by the Swiss Civil Code, which is the equivalent of the American voluntary association.
• The same legal entity is also available in Germany, the only difference between the German and the Swiss verein being that the Swiss structure is not required to be registered.
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The Swiss Verein – Main Regulations
• The only reason to register a verein with the Swiss Commercial Register is if it carries out commercial activities.
• A verein can also be employed as a non-profit or non-governmental organization (NGO) in Switzerland.
• The same structure is also employed by trade unions, business organizations and lawyers in Switzerland.
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Open a Swiss Verein >>
• Setting up a Swiss verein is quite simple as the only requirement being to draft the articles of association.
• There are no registration fees attached to the opening of such association in Switzerland.
• A Swiss verein must also appoint two individuals who will be the representatives of the association.
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>> Open a Swiss Verein
• The officers must also appoint a management board of any other type of Swiss business structure.
• The Swiss verein must also have its accounts audited.
• Our team of lawyers in Switzerland can offer legal advice on the registration requirements.
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Registration of Swiss Vereins >>
• This type of association is usually employed by international companies wanting to establish a presence in Switzerland without being required to spend too much time with the company registration procedures.
• Our team of attorneys in Switzerland can provide further detail on the Swiss commercial legislation.
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>> Registration of Swiss Vereins
• They may also be regarded as decentralized corporate bodies.
• The officials setting up the verein will be directly responsible for the organization and functioning of the association and must comply with the Swiss legislation.
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The Advantages of Swiss Vereins >>
• Considering that a verein functions as a Swiss branch office of an international organization, it will be held accountable within the limits of the country it is established without affecting the activities of the central organization.
• The verein is also among the most employed vehicles when it comes to international mergers in Switzerland.
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>> The Advantages of Swiss Vereins
• Another great advantage is that there are low costs when setting up a verein in Switzerland.
• At the same time, Swiss vereins can offer limited liability in terms of the activities of other offices.
• Other aspects related to the Swiss verein are available under the articles 69 and 70 of the Swiss Civil Code.
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Consultancy Services in Switzerland
• Investors who are interested in other types of business structures available in Switzerland can address to our attorneys.
• Our Swiss lawyers can provide advice on the investment legislation applicable here.
• Please contact our law firm in Switzerland for more details on the legal services offered in this country.
Thank you for your attention!
• For more information please contact us at:
(+44)203-287 0408 (for international clients)
www.lawyersswitzerland.com
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