Switzerland: Public limited company law revised
Introduction
The revised Swiss law for public limited company (Ltd) was adopted on June 18, 2020 by the Federal Chambers:
- The aim of this change is to modernize the legal framework and guarantee more flexibility to businesses. This revision entails changes not only for public limited companies but also for other legal forms such as LLCs, associations and cooperatives for which the law of the Ltd is applicable by analogy.
- The effective date is January 1, 2023