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Revised Corporate Law to Facilitate Accounts in Non-Swiss Currencies and Interim Dividends
On 19 June 2020, the Swiss Parliament, after a lengthy legislative process, adopted a bill on a comprehensive corporate law reform that, inter alia, permits a share capital denominated in certain non-Swiss currencies and introduces the option for interim dividends and distributions. Both of these aspects are of particular importance for multi-national groups with subsidiaries located…
Reference: CapLaw-2020-57