Document background
The Business Operating Agreement serves as the foundational document for businesses operating under Swiss jurisdiction, providing a comprehensive framework for business operations and governance. This document is essential when establishing a new business entity or formalizing the operational structure of an existing one in Switzerland. It incorporates requirements from the Swiss Code of Obligations and other relevant federal laws, addressing crucial aspects such as capital contributions, profit distribution, management rights, and decision-making processes. The agreement is particularly important for businesses with multiple owners or partners, as it helps prevent future disputes by clearly defining roles, responsibilities, and procedures. It should be drafted with consideration of specific industry requirements and the company's long-term objectives while maintaining compliance with Swiss regulatory requirements.
