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Archive for category ‘LLC (GmbH) Law’

Duties and responsibilities of a swiss limited liability company’s CEO (GmbH)

Duty of care: The CEO has to perform his tasks accurately and has to protect the company’s interests. Therefore, he must not deteriorate the course of business nor make it impossible, neither intentionally nor negligently. However, not every CEO’s wrong decision constitutes an infringement of the duty of care and therefore leads to his liability. […] more

Which requirements has an american company to fulfill in order to become shareholder of a swiss GmbH or of a swiss AG?

If an american company wishes to participate in a swiss limited liability company (GmbH) or in a swiss corporation (AG), it has to provide evidence of its existence. In order to do so, a current “certificate of good standing” with Apostille, issued by the Secretary of State, is required. This document acts as an accredited […] more