Swiss companies are managed similarly to most other businesses around the world, by the Board of Directors. In Switzerland though, businesses have Swiss directors who are required to have a duty of care and loyalty to the company they work for. They are also required to treat all shareholders equally. The Board of Directors works as one entity, and Swiss directors as individuals. The entire Board is in charge of managing the company's best interest and business activities.
Business law in Switzerland requires company directors to be 18 years old or older, and there are currently no gender or race limitations. Though, it is highly recommended to include female and males on the Board of Directors.
Directors must follow the regulations set by:
- The Swiss Code of Obligations
- The Criminal Code
- The Federal Act on Mergers, Demergers, Transformations and Transfer of Assets
- The business's own Articles of Association and all other internal regulations
must be faithfully obeyed by investors in Switzerland along with regulations and guidelines set by the Swiss government.