Glossary / Company Forms & Commercial Register

Company limited by shares

The Swiss company limited by shares, commonly called an AG or SA, is a capital company with its own legal personality. It is suitable for small, medium and large businesses, including ventures seeking outside investors. Formation requires public deed, articles of association, share capital and registration in the commercial register. Shareholders generally do not answer personally for company debts beyond their investment obligations. Governance is centred on the shareholders’ meeting, board of directors and, where required, auditors. Transferability and anonymity depend on share type and register duties.

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