A Swiss association ("Verein" in German, "association" in French, "associazione" in Italian) is a type of corporation in Swiss law. It is similar to the Anglo-American voluntary association. Unlike in Germany, a Swiss association does not need to be registered in order to obtain legal personality,[1] but must be registered if it "conducts a commercial operation".[2] An association can serve as a non-profit organization (NPO) or non-governmental organization (NGO) and this form is used by several Swiss sections of international NGOs such as Amnesty International, and the World Wildlife Fund, by business firms (see below) or by international organizations such as the Fédération Internationale de Football Association (FIFA). The form can also be used by political parties and alliances, such as trade unions.
As the establishment of an association involves little paperwork and no registration or fees, it is an important legal form in Switzerland[1] and often used by groups such as sport and social clubs.[1] It has also become a useful form for multiparty business organizations. The only requirement is that prior to the establishment, two persons draw up bylaws and appoint the organs of the association (such as the board and the auditors).[3]
- ^ a b c Hasselback, Drew (16 November 2010). "More on the Swiss Verein system". Financial Post.
- ^ "210 Swiss Civil Code, Art. 61". Retrieved 18 February 2014.
- ^ Cite error: The named reference
Johnsonwas invoked but never defined (see the help page).