Document background
Foundation Articles of Association are essential governing documents required when establishing a foundation under Swiss law. This document type is mandatory for creating a foundation in Switzerland and must comply with the strict requirements of the Swiss Civil Code. The Articles serve as the foundation's constitution, detailing its purpose, organizational structure, governance mechanisms, and asset management principles. They are particularly crucial as they cannot be easily modified after registration without regulatory approval. The document must be prepared with careful consideration of long-term implications, as foundations are generally established for perpetual duration. Foundation Articles of Association need to address key aspects such as foundation board composition, supervisory arrangements, and dissolution procedures, while ensuring compliance with both federal and cantonal requirements.
