Do you need a specialist in business law for legal advice or assistance with a legal procedure? Don’t hesitate to contact us to consult with one of our passionate attorneys who will personally and effectively support you in your endeavors.
What is commercial law?
Commercial law, also known as business law, encompasses the rules governing the activities of merchants and companies. It covers the regulations applicable to the formation and operation of various types of companies, including joint-stock companies (SA), limited liability companies (Sàrl), cooperatives, and partnerships.
This area of law sets out the conditions under which individuals and legal entities conduct their business activities, such as:
- The execution of commercial contracts between two or more companies and/or partners
- The rights and obligations of partners in a commercial company and their relationships
- The powers and responsibilities of company directors and board members
- Maintaining regular accounting records
- Convening general meetings, whether ordinary or extraordinary, and their proceedings
- Sanctions for offenses penalized under business criminal law, including embezzlement, unfair competition, dissemination of misleading information, false advertising, fraudulent bankruptcies, cybercrime, and insider trading
Commercial law also details the operation of Swiss commercial registers, where individuals and legal entities engaged in commercial activities are registered. Keeping the information in the commercial register up to date is crucial for the smooth operation of a commercial entity.
Why hire a commercial law attorney?
A commercial law attorney can assist at every stage of a company’s life, from its founding (choosing the company type, registering with the commercial register, drafting its bylaws, etc.), through internal changes (electing new members, relocating the business, establishing a branch, etc.), to its dissolution and liquidation, or bankruptcy.
In the course of a physical or legal entity’s business activities, an attorney can provide legal advice, draft commercial contracts, or assist in negotiating public law partnerships. An attorney’s involvement is particularly recommended during the acquisition of a business to ensure that the transaction protects your interests.
A commercial law attorney will represent and defend you in court in case of commercial disputes and litigation of any nature.