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The New Swiss GmbH Law

October 2007 - Corporate & Commercial. Legal Developments by Walder Wyss Ltd.

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The limited liability company (Gesellschaft mit beschraenkter Haftung;“GmbH”) was added to the Swiss Code of Obligations in 1936. Since then, the Swiss law applicable to GmbHs has never been revised. The reform of this law aims to make the GmbH similar to the corporation (“Aktiengesellschaft”), and it generally brings the law applicable to GmbHs up todate. The new law is expected to enter into force on 1. January 2008.

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