Recent updates on the Stock Corporation Act in Switzerland
From January 1, 2023, more flexible formation and capital regulations will apply to stock corporations. At its meeting on February 2, 2022, the Swiss Federal Council enacted the corresponding amendments to the Code of Obligations (CO) and the Commercial Registry Ordinance (HRegV).
Switzerland to become more flexible and attractive as a leading international center for arbitration
The revised provisions on International Arbitration will enter into force on 1 January 2021, unless a referendum is held against it. This was decided by the Federal Council at its meeting on August 26, 2020. The revised law on arbitration is designed to be more flexible and user-friendly. In addition, it further increases Switzerland's attractiveness as one of the world's leading places of arbitration.