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New entries in the Trade Register in October 2015: A good start to the 4th quarter

There was a slight increase in new entries in the Trade Register in October 2015 compared to the previous month of September. This corresponds to an increase of 3.5% compared to the previous month. However, it was not possible to break the previous year’s record. more…

Winner of the SWISS STARTUPS AWARDS 2015

Start-up entrepreneurs prove their innovative strength at the SWISS STARTUPS AWARDS 2015, which presents awards to the four best Swiss business ideas. The winners each received seed capital of 50,000 CHF (Swiss francs) to successfully implement their business idea. The winners were Theran Optics, Smart-Me, Yeahgoods and TECHNIS. Around 300 start-up entrepreneurs submitted their business […] more…

Smart tennis court wins the STARTUPS.CH Award 2015

The winner of the STARTUPS.CH Award 2015 is TECHNIS. The four founders, including CEO Wiktor Bourée, were able to convince the jury with their touch-sensitive tennis courts. The award is endowed with seed capital in the amount of 50,000 CHF (Swiss francs), to further the realisation of the business idea. On Thursday evening, the best […] more…

Duties and obligations of the foundation council

The duties and obligations of the foundation council primarily arise from the foundation charter or the regulations on organisational structure. It is common practice for the foundation council to be responsible for overall management of the foundation. It must attend to the affairs of the foundation and act in the name of the foundation. more…

Composition and liability of the council

In practice, the foundation council is the highest body within the organisation. It concerns itself with the management of the assets and monitors distribution to beneficiaries unless there are other regulations which apply. As a rule, the council foundation is composed as a collegial body of several persons who have joint responsibility for the overall […] more…

What is a foundation charter?

The foundation charter is the central document of a foundation. It contains the main provisions governing the organization, assets and purpose of the foundation. The foundation charter may take the form of a public document or testamentary disposition (will/contract of inheritance). more…

What is a family foundation according to Swiss law?

Family foundations primarily serve to support or provide education to family members who are dependent. The permitted purpose is closely circumscribed and stems directly from the law. The normal statutory provisions also largely apply to family foundations. more…

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…