… a shareholder of your company is transferring shares to another person
… you need a formal record stating that the board of directors agrees to the transfer of the shares
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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