The smart way to start a business

Blog

Is it possible to change the purpose of a foundation?

Foundations are rigid structures. If the purpose has been decided and the foundation has been fully established as valid, changing the purpose is only possible subject to strict legal requirements. more…

Changing the organisation of a foundation

As a legal form, foundations have an immovable structure. Amendments to the foundation charter are only possible if strict legal requirements are complied with. The basic organisational principles are mostly laid down in the foundation charter, which is why amendments to organisational structure are subject to strict rules. more…

Changing the foundation charter

As a legal form, foundations have an immovable structure. Once the foundation has been established as valid, amendments to the foundation charter and thus the purpose are only possible if strict legal requirements are complied with. more…

What special forms of foundations are permitted?

A typical foundation will have a cultural or ideological purpose. There are also three special forms of legally regulated foundations which must fulfil certain purpose-related requirements in order to be properly established as valid. more…

New commercial register entries for September 2015: a good start to autumn

The number of start-ups grew rapidly in September 2015 compared to the previous month. In total, 3,151 new legal forms were entered into the commercial register. Out of these newly founded companies, around a third ( 1,121) were entered as sole proprietorships. more…

What is an employee benefit scheme?

An employee benefit scheme is a legal form chosen by companies to organise the occupation benefits granted to its employees. It is the most important legally regulated type of special foundation. more…

New Federal Court decision significantly restricts young entrepreneurs

If you sell your own company as a capital gain, the transaction is generally tax-exempt. The Swiss Federal Court recently made a decision which qualified this principle, and raised many questions. more…

What are the duties of the foundation supervisory authority?

Foundations are subject to supervision by a state supervision authority, which ensures that foundation bodies are using their assets as originally intended by the donors. In order to carry out these duties, the foundation supervisory authority may take preventative and/or repressive measures. more…

When dissolving a foundation, what do you need to look out for?

In principle, it is not possible to dissolve a foundation because this would violate the purpose of establishment of this legal form. This principle allows for two exceptions, through which a foundation may be dissolved. more…

Liability of the Foundation’s bodies

The bodies of a foundation shall be liable for damages resulting from a breach of its duty of care. This relates in particular to the Foundation Board, the members of which are liable to the Foundation with all of their private assets. more…