New Developments In Swiss Foundation Law

On 1 January 2024, various amendments to Swiss foundation law will come into force. New provisions will be introduced in the following areas:

• Complaint on supervisory matters regulated by law (Art. 84 para. 3 Swiss Civil Code, hereinafter "CC");
• Extension of the founder's rights through a reservation of the right to amend the organization (Art. 86a CC);
• Simplification of minor amendments to the foundation's deed (Art. 86b CC);
• Form applicable to amendments of the deeds (Art. 86c CC).

Although these amendments to foundation law will not come into force until January 1^st, 2024, a reservation of the right to amend the organization when establishing new foundations can already be stipulated today when a foundation is established.