Document background
The Business Purchase Contract serves as the primary legal instrument for documenting and executing business acquisition transactions in Switzerland. It is essential when one entity intends to acquire another business, whether through an asset purchase or share transfer. This document must comply with Swiss legal requirements, particularly the Swiss Code of Obligations (OR), and includes detailed provisions covering purchase price, warranties, representations, employee matters, and post-closing obligations. It's typically used in both domestic and cross-border transactions, requiring careful consideration of Swiss commercial law, tax implications, and regulatory requirements. The contract's structure and content may vary depending on the transaction's complexity, industry-specific requirements, and whether real estate or intellectual property transfers are involved.
