{"id":1516,"date":"2013-11-01T14:43:56","date_gmt":"2013-11-01T12:43:56","guid":{"rendered":"http:\/\/blog.startups.ch\/en\/?p=1516"},"modified":"2014-03-25T11:34:38","modified_gmt":"2014-03-25T09:34:38","slug":"change-in-legal-form-the-merger-act","status":"publish","type":"post","link":"https:\/\/blog.startups.ch\/en\/change-in-legal-form-the-merger-act\/","title":{"rendered":"Change in legal form – the Merger Act"},"content":{"rendered":"

The Merger Act allows a corporation to change its legal form. Moreover, the Merger Act allows spin-offs, conversions and transfers of assets and liabilities.<\/strong><\/p>\n

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\"Merger\"<\/a><\/p>\n

Changes in legal form according to the Merger Law<\/strong>
\nAccording to Art. 53 FusG a corporation can change its legal form. The possible transformations in legal form (Art. 54 FusG) are as followed:
\nOn one hand, a stock corporation can change into another stock corporation or into a cooperative. On the other hand, a collective company can change into a stock corporation, a cooperative or a limited partnership. And finally, a cooperative can change its legal form to a stock corporation or to an association.<\/p>\n

Reasons for a change in legal form<\/strong>
\nThe goal of a change is to substitute the inappropriate legal form for a more suitable one. Thanks to the Merger Act these changes can be made without having to deal with difficult liquidation. The process for a change in legal form is similar to those of mergers and spin-offs.
\nThe following steps are necessary for a change in legal form:<\/p>\n