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Archive for category ‘Company (AG) Law’

Interview with Mr. Lacerda, one of the first who founded a company with a contribution in kind in the form of cryptocurrencies

It is a first of its kind in the Canton of Zug, if not in all of Switzerland: founding a company with a contribution in kind, which fully consisted of cryptocurrencies. The founder is Mr. Lacerda who founded his company Blockchain & Cryptocurrency Services Zug AG with the help of STARTUPS.CH. In the Interview with […] more

Forming a Company Using Acquisitions in Kind

When a company is formed using acquisitions in kind, it undertakes, once it is entered in the Commercial Register, to take over assets belonging to its shareholders/members or related parties. It is often difficult to separate such formation method from that in which cash is used. This distinction is important, however, because companies formed using […] more

Forming a Company Using Contributions in Kind

If you form a company, you do not necessarily have to pay up the initial share capital in cash, as founders can also pay by contributing assets. Such payments are called contributions in kind. To ensure the value stability of the assets, they must meet certain specific requirements and be subject to some special verification. more

Work Contract – Part 2: Warranty Obligations

If a contract is classified as a work contract, this has far-reaching consequences, especially as far as warranty obligations are concerned. i.e. they are much more extensive under the work contract than under the contract for services. But the customer has also more obligations. more

Work Contract – Part 1: What Is It and What Are Its Characteristics?

Under specific circumstances it may prove difficult to distinguish between a work contract and a contract for services. This distinction is of paramount importance, however. Learn here what the work contract is really about and how it can be defined. more

Contract for Services – Part 2: Warranty Obligations

It may be difficult to discriminate between a contract for services of the Swiss Civil Code a work contract. Making this distinction, however, is very important. It is so because either contract generates quite different warranty obligations. This article reveals which of these obligations arise from the contract for services. more

Contract for Services – Part 1: What Is It and What Are Its Characteristics?

Whenever a service is offered, either a contract for services or a work contract is meant. This differentiation is very important, as it involves applying various legal norms, e.g. with regard to termination, defects or compensation. In this series of articles, STARTUPS.CH is therefore going to explain what the contract for services is about. This […] more

Debt Collection– Part 4: Continuation Request

It is particularly important for start-ups to receive their remuneration on time. Unfortunately, it is not always the case. If payment reminders do not help and negotiations fail, the last resort is a debt collection procedure. If needed, an outstanding debt is caused to be paid under duress. In a series of four articles, STARTUPS.CH […] more

Debt Collection– Part 3: How to Remove an Objection

It is particularly important for start-ups to receive their remuneration on time. Unfortunately, it is not always the case. If payment reminders do not help and negotiations fail, the last resort is a debt collection procedure. If needed, an outstanding debt is caused to be paid under duress. In a series of four articles, STARTUPS.CH […] more

Setting Up a Company Using Bitcoin Denominated Contributions in Kind – What You Should Know

In the last few years cryptocurrencies have been steadily gaining in importance. Especially bitcoin, the most famous of cryptocurrencies, has more and more found its way into everyday life. Here the role of harbinger has been assumed by the city of Zug. It was the first state authority worldwide to accept bitcoin as a legal […] more