Federal Act
on Private International Law
(PILA)


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Art. 164104

5. Com­mon pro­vi­sions

a. De­re­gis­tra­tion from the com­mer­cial re­gister

 

1 The re­gis­tra­tion of a com­pany in the Swiss com­mer­cial re­gister may be de­leted only if a re­port drawn up by a li­censed audit ex­pert con­firms that the claims of the cred­it­ors have either been se­cured or sat­is­fied in ac­cord­ance with Art­icle 46 of the Mer­gers Act of 3 Oc­to­ber 2003105, or that the cred­it­ors have agreed to the can­cel­la­tion of the re­gis­tra­tion.106

2 If a for­eign com­pany ac­quires a Swiss com­pany, or if it forms a new for­eign com­pany with a Swiss com­pany, or if a Swiss com­pany is de­merged in­to for­eign com­pan­ies, the fol­low­ing ad­di­tion­al re­quire­ments ap­ply:

a.
it needs to be proven that the mer­ger or de­mer­ger has be­come leg­ally val­id pur­su­ant to the law ap­plic­able to the for­eign com­pany; and
b.107
a li­censed audit ex­pert needs to con­firm that the for­eign com­pany has gran­ted the mem­bers of the Swiss com­pany the equity or mem­ber­ship rights to which they are en­titled, or that the com­pany has made or se­cured com­pens­at­ory pay­ments in their fa­vour.

104Amended by An­nex No 4 of the Mer­gers Act of 3 Oct. 2003, in force since 1 Ju­ly 2004 (AS 20042617; BBl 20004337).

105 SR 221.301

106 Amended by An­nex No 4 of the FA of 16 Dec. 2005 (LLC law and amend­ments to the Laws on Com­pan­ies, Co­oper­at­ives, the Com­mer­cial Re­gister and Com­mer­cial Names), in force since 1 Jan. 2008 (AS 2007 4791; BBl 2002 3148, 2004 3969).

107 Amended by An­nex No 4 of the FA of 16 Dec. 2005 (LLC law and amend­ments to the Laws on Com­pan­ies, Co­oper­at­ives, the Com­mer­cial Re­gister and Com­mer­cial Names), in force since 1 Jan. 2008 (AS 2007 4791; BBl 2002 3148, 2004 3969).

 

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