What are the requirements and regulations for the share capital of a PLC?

The share capital of a limited liability company can also be referred to as share capital. According to Art. 773 of the Swiss Code of Obligations, the share capital of a limited liability company must be at least CHF 20,000.

As mentioned above, the share capital of a limited liability company must be at least CHF 20,000. Compared to company law, where a share capital of at least CHF 100,000 is required, the GmbH has significantly lower requirements in terms of capital for the formation of a company. This makes the GmbH particularly suitable for small companies that only have limited financial resources at the start of their business activities. With the lower limit of CHF 20,000, Swiss law is stricter than the law in the European Union. There, it is possible to form a corporation with just one euro.
According to Art. 774 of the Swiss Code of Obligations, the nominal value of a share must be at least CHF 100. When a GmbH is founded, the share capital must be fully paid up, as stipulated in Art. 777c para. 1 CO. In contrast to an AG, it is not possible to make a public offer for the subscription of ordinary shares in a GmbH. This is because the limited liability company is not a public company. The marketability of the ordinary shares is restricted and the capital marketability is not given. If the company is founded by means of a contribution in kind or an acquisition in kind, an auditor's report is required. This examines the appropriateness of the valuation of the contribution in kind or acquisition in kind.
It is possible for the shareholders' meeting to reduce the share capital. However, under no circumstances may the share capital be reduced below CHF 20,000.

The share capital of a GmbH or the share capital of a public limited company (AG) does not necessarily have to be in Swiss francs, but can also be in euros or in another currency.

Important:

1. the money must be deposited in a Swiss bank (blocked account for company formations)

2. the equivalent value of the foreign currency must be at least as high as the prescribed capital of the company to be founded (GmbH: at least CHF 20′000; AG: at least CHF 100′000; paid in at the time of foundation at least CHF 50′000).

The capital can be deposited with any Swiss bank (blocked account for company formation).