Transfer of Registered Shares: Declaration of Assignment

Key Points and English Template

Use a Declaration of Assignment if...

… a shareholder of your company is transferring shares to another person

… you need to make sure that all legal requirements for the transfer to be effective are met

Key points included in a Declaration of Assignment:

What is a Declaration of Assignment)?

With very few exceptions provided by law, all Swiss companies have registered shares. Their transfer from one shareholder to another person (who can be another shareholder) either requires the endorsement of a physical certificate evidencing the shares or a declaration of assignment.

The latter option is widely used. In almost all instances, the company’s board of directors must approve the transfer for it to be legally effective.

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