Document background
The Simple Share Sale Agreement under Swiss law is essential for documenting the transfer of shares in Swiss companies where a streamlined approach is appropriate. This document type is particularly suitable for smaller transactions or those between parties who have already conducted thorough due diligence. It covers the fundamental aspects of a share transfer including identification of the parties and shares, purchase price, completion mechanics, and basic warranties, while complying with Swiss legal requirements, particularly the Swiss Code of Obligations. The agreement is commonly used in private company transactions where the parties seek to minimize complexity and legal costs while maintaining legal certainty. It's designed to be more concise than a full share purchase agreement while still providing adequate protection for both parties in a straightforward share transfer.
