Federal Act
on Private International Law
(PILA)

¹ A com­pany that is re­quired un­der Swiss law to re­gister in the com­mer­cial re­gister is gov­erned by Swiss law as soon as it proves that the centre of its busi­ness activ­it­ies has been trans­ferred to Switzer­land and that it has ad­ap­ted it­self to one of the forms of or­gan­isa­tion of Swiss law.

² A com­pany that is not re­quired un­der Swiss law to re­gister in the com­mer­cial re­gister is gov­erned by Swiss law as soon as its in­tent to be gov­erned by Swiss law ap­pears clearly, it has a suf­fi­cient con­nec­tion with Switzer­land, and it has ad­ap­ted it­self to one of the forms of or­gan­isa­tion of Swiss law.

³ Be­fore its re­gis­tra­tion in the com­mer­cial re­gister, a com­pany with a share cap­it­al must prove that its cap­it­al is covered in ac­cord­ance with Swiss law by pro­du­cing a re­port is­sued by a li­censed audit ex­pert with­in the mean­ing of the Aud­it­or Over­sight Act of 16 Decem­ber 2005⁹⁴.⁹⁵