Fast & flexible financing for business projects?
Fast & flexible financing for business projects?
Fast & flexible financing for business projects?
Fast & flexible financing for business projects?
With convertible loan agreements, companies can secure investor funds within a few days.
With convertible loan agreements, companies can secure investor funds within a few days.
With convertible loan agreements, companies can secure investor funds within a few days.
Greeting video
Marco FehrFounder of the law firm Fehr Legal
Marco FehrFounder of the law firm Fehr Legal
Marco Fehr, founder of the law firm Fehr Legal
Marco Fehr
Founder of the law firm Fehr Legal
Marco Fehr
Founder of the law firm Fehr Legal
Benefits Overview
Time and Cost Savings
Time and Cost Savings
Time and Cost Savings
Time and Cost Savings
Quick Negotiations
Since a future company valuation is being considered, negotiations with investors are often completed more easily and quickly.
Cost-Effective Financing
Convertible loans are well-known in practice and only need to be specifically adapted to the concrete situation. This allows startups to raise investor funds in a cost-effective manner.
Future assessment of the company
Future assessment of the company
Future assessment of the company
Future assessment of the company
No Current Company Valuation
One of the biggest challenges in traditional equity financing in early stages is the valuation of the startup. Since convertible loans defer the valuation to the future, founders can usually raise investments earlier and on better terms.
Valuation Cap and Discount
Instead of a current valuation, a maximum valuation (Valuation Cap) or a discount (Discount) of 10% to 25% on the valuation in the next financing round is agreed upon with investors.
Retaining Full Control
Retaining Full Control
Retaining Full Control
Retaining Full Control
Initially No Shareholder Position
Convertible loans are essentially debt capital, and thus investors are initially creditors. The equity structure and the shareholder composition remain unchanged for the time being, which can provide founders with certain flexibility in the early stages.
Shareholder Position After Conversion
Investors receive shares in the company and the associated shareholder rights (information, voting, and dividend rights) only after the conversion of the convertible loan.
Startup and Investor Friendliness
Startup and Investor Friendliness
Startup and Investor Friendliness
Startup and Investor Friendliness
Startup-Friendly Conditions
Convertible loans offer startups the opportunity to raise money without having to give up equity or perform a current company valuation.
Investor-Friendly Conditions
The structuring of convertible loans as debt and the possibility to invest in early-stage startups at improved conditions thanks to valuation caps and discounts offer investors various advantages.
Customer profiles
Daniel Svonava
Founder Superlinked (USD 9.5m seed round)
Ex-Google Tech Lead
Consulting Areas:
- Startup Investments
- Startup Participation
- Protection of IP and Data Rights
Mona Ghazi
Founder Neuropreneur Institute
TEDx Speaker & LI Top Voice
Consulting Areas:
- Corporate Structures
- Business Establishment in Switzerland
Flurin Jenal
Founder Struckd (B2B Exit)
Forbes 30 under 30
Consulting Areas:
- Co-Founder Participation
- Shareholder Rights
- Employee Participation
- Financing Rounds
Julia Rennenkampff
Founder of Seabird AG
ETH graduate & psychologist
Consulting Areas:
- Protection of IP Rights
- Employee Participation
Daniel Koss
Startup Founder & Investor
Top Gaming YouTuber (CH)
Consulting Areas:
- Corporate Structures
- Shareholder Rights
- Employee Participation
- Financing Rounds
Andrina Roediger
Owner Schoresch
Professional harpist
Consulting Areas:
- Company Acquisition
- Corporate Financing
- Protection of IP Rights
Dieter Borer
Marketing representative Europapark
Serial Entrepreneur
Consulting Areas:
- Structuring joint ventures (national and international)
- Shareholder rights
- Business planning and control
Vipluv Aga
Founder Solextron AG
PhD in Experimental Fluid Dynamics (ETHZ)
Fields of consultation:
- Shareholder rights
- Employee participation
- Financing rounds
Marvin Sangines
Startup Gründer & Investor
LinkedIn Top Voice
Consulting Areas:
- Corporate Structures
- Shareholder Rights
- Employee Participation
- Startup Investments
Customer profiles
Daniel Svonava
Founder Superlinked (USD 9.5m seed round)
Ex-Google Tech Lead
Consulting Areas:
- Startup Investments
- Startup Participation
- Protection of IP and Data RightsMona Ghazi
Founder Neuropreneur Institute
TEDx Speaker & LI Top Voice
Consulting Areas:
- Corporate Structures
- Business Establishment in SwitzerlandFlurin Jenal
Founder Struckd (B2B Exit)
Forbes 30 under 30
Consulting Areas:
- Co-Founder Participation
- Shareholder Rights
- Employee Participation
- Financing RoundsJulia Rennenkampff
Founder of Seabird AG
ETH graduate & psychologist
Consulting Areas:
- Protection of IP Rights
- Employee ParticipationDaniel Koss
Startup Founder & Investor
Top Gaming YouTuber (CH)
Consulting Areas:
- Corporate Structures
- Shareholder Rights
- Employee Participation
- Financing RoundsAndrina Roediger
Owner Schoresch
Professional harpist
Consulting Areas:
- Company Acquisition
- Corporate Financing
- Protection of IP RightsDieter Borer
Marketing representative Europapark
Serial Entrepreneur
Consulting Areas:
- Structuring joint ventures (national and international)
- Shareholder rights
- Business planning and controlVipluv Aga
Founder Solextron AG
PhD in Experimental Fluid Dynamics (ETHZ)
Fields of consultation:
- Shareholder rights
- Employee participation
- Financing roundsMarvin Sangines
Startup Gründer & Investor
LinkedIn Top Voice
Consulting Areas:
- Corporate Structures
- Shareholder Rights
- Employee Participation
- Startup Investments
Customer profiles
Daniel Svonava
Founder Superlinked (USD 9.5m seed round)
Ex-Google Tech Lead
Consulting Areas:
- Startup Investments
- Startup Participation
- Protection of IP and Data RightsMona Ghazi
Founder Neuropreneur Institute
TEDx Speaker & LI Top Voice
Consulting Areas:
- Corporate Structures
- Business Establishment in SwitzerlandFlurin Jenal
Founder Struckd (B2B Exit)
Forbes 30 under 30
Consulting Areas:
- Co-Founder Participation
- Shareholder Rights
- Employee Participation
- Financing RoundsJulia Rennenkampff
Founder of Seabird AG
ETH graduate & psychologist
Consulting Areas:
- Protection of IP Rights
- Employee ParticipationDaniel Koss
Startup Founder & Investor
Top Gaming YouTuber (CH)
Consulting Areas:
- Corporate Structures
- Shareholder Rights
- Employee Participation
- Financing RoundsAndrina Roediger
Owner Schoresch
Professional harpist
Consulting Areas:
- Company Acquisition
- Corporate Financing
- Protection of IP RightsDieter Borer
Marketing representative Europapark
Serial Entrepreneur
Consulting Areas:
- Structuring joint ventures (national and international)
- Shareholder rights
- Business planning and controlVipluv Aga
Founder Solextron AG
PhD in Experimental Fluid Dynamics (ETHZ)
Fields of consultation:
- Shareholder rights
- Employee participation
- Financing roundsMarvin Sangines
Startup Gründer & Investor
LinkedIn Top Voice
Consulting Areas:
- Corporate Structures
- Shareholder Rights
- Employee Participation
- Startup Investments
What is a Convertible Loan?
Financing Instrument
Description
A convertible loan (Convertible Loan) is a financial instrument that allows investors to provide capital to a company in the form of a loan that can be converted into equity at a later point in time. This means that instead of a fixed repayment in the future, the investor receives shares in the company.
Scope and Terms
Capital Provision
The investor grants the startup a loan, which is initially recorded as debt on the company's books. The contract specifies the conditions for the later conversion to equity.
Conversion to Equity
The loan is converted into shares of the company at a specific event, such as during a future financing round. This usually occurs at a pre-agreed discount on the then-current company valuation ("Discount") or at an agreed maximum valuation ("Valuation Cap").
Interest Payment and Repayment
Many convertible loans include an interest payment or a repayment option if there is no conversion. However, most investors aim for conversion into equity to participate in the long-term success of the company.
Potential Challenges
Tax Pitfalls
In Switzerland, convertible loans can have tax implications, particularly concerning the conversion of debt into equity. It is recommended to carefully examine the tax consequences to avoid unwanted burdens.
Issuance of Shares
When converting a convertible loan into equity, new shares are issued, leading to dilution of the existing shareholders' shares. Founders should be informed about the dilution effects and their consequences as part of scenario planning.
Uncertainty in Conversion
Although a conversion is the goal, there is no guarantee that it will actually take place. This can present challenges for investors during times of economic uncertainty.
Loan Conversion (Examples)
Investment Amount and Terms
Company Valuation at Conversion
Result after Conversion
Scenario 1 (Cap Transformation)
Loan: CHF 400,000 with a valuation cap of CHF 4m and a discount of 20%
Loan: CHF 400,000 with a valuation cap of CHF 4m and a discount of 20%
Loan: CHF 400,000 with a valuation cap of CHF 4m and a discount of 20%
CHF 6m
CHF 6m
CHF 6m
Investor receives 10% of the shares (400,000 / 4,000,000 [Valuation Cap] = 0.1 = 10%)
Investor receives 10% of the shares (400,000 / 4,000,000 [Valuation Cap] = 0.1 = 10%)
Investor receives 10% of the shares (400,000 / 4,000,000 [Valuation Cap] = 0.1 = 10%)
Scenario 2 (Discount Conversion)
Loan: CHF 400,000 with a valuation cap of CHF 4m and a discount of 20%
Loan: CHF 400,000 with a valuation cap of CHF 4m and a discount of 20%
Loan: CHF 400,000 with a valuation cap of CHF 4m and a discount of 20%
CHF 4m
CHF 4m
CHF 4m
Investor receives 12.5% of the shares (400,000 / 3.2m [4m * discount rate of 0.8] = 0.125 = 12.5%)
Investor receives 12.5% of the shares (400,000 / 3.2m [4m * discount rate of 0.8] = 0.125 = 12.5%)
Investor receives 12.5% of the shares (400,000 / 3.2m [4m * discount rate of 0.8] = 0.125 = 12.5%)
Scenario 3 (Company Valuation)
Loan: CHF 400,000 without Valuation Cap and Discount
Loan: CHF 400,000 without Valuation Cap and Discount
Loan: CHF 400,000 without Valuation Cap and Discount
CHF 8m
CHF 8m
CHF 8m
Investor receives 5% of the shares (400,000 / 8,000,000 [company valuation] = 0.05 = 5%)
Investor receives 5% of the shares (400,000 / 8,000,000 [company valuation] = 0.05 = 5%)
Investor receives 5% of the shares (400,000 / 8,000,000 [company valuation] = 0.05 = 5%)
Our Packages
Choose a proven standard contract that fits your business phase or opt for personalized advice on important contract points such as valuation cap, discount, conversion terms, and a tailored contract solution.
Standard convertible loan agreement
CHF 1,200
Includes
Fact collection using an online form
Legal suitability assessment based on the factual recording
Development of a suitable standard contract
Discussion of the contract content (online)
Standard convertible loan agreement
CHF 1,200
Includes
Fact collection using an online form
Legal suitability assessment based on the factual recording
Development of a suitable standard contract
Discussion of the contract content (online)
Standard convertible loan agreement
CHF 1,200
Includes
Fact collection using an online form
Legal suitability assessment based on the factual recording
Development of a suitable standard contract
Discussion of the contract content (online)
Standard convertible loan agreement
CHF 1,200
Includes
Fact collection using an online form
Legal suitability assessment based on the factual recording
Development of a suitable standard contract
Discussion of the contract content (online)
Tailor-made contract structure
CHF 4,000
Includes:
Recording of the facts in a personal conversation
Legal suitability assessment based on the factual record
In-depth analysis of the starting situation (business model, ownership structure, corporate goals)
Discussion of the impacts on control and ownership in the company
Contract drafting with up to two feedback rounds
Recommended
Tailor-made contract structure
CHF 4,000
Includes:
Recording of the facts in a personal conversation
Legal suitability assessment based on the factual record
In-depth analysis of the starting situation (business model, ownership structure, corporate goals)
Discussion of the impacts on control and ownership in the company
Contract drafting with up to two feedback rounds
Recommended
Tailor-made contract structure
CHF 4,000
Includes:
Recording of the facts in a personal conversation
Legal suitability assessment based on the factual record
In-depth analysis of the starting situation (business model, ownership structure, corporate goals)
Discussion of the impacts on control and ownership in the company
Contract drafting with up to two feedback rounds
Recommended
Tailor-made contract structure
CHF 4,000
Includes:
Recording of the facts in a personal conversation
Legal suitability assessment based on the factual record
In-depth analysis of the starting situation (business model, ownership structure, corporate goals)
Discussion of the impacts on control and ownership in the company
Contract drafting with up to two feedback rounds
Recommended
Our assurances
Your satisfaction is important to us. That is why we make the following assurances to you:
Your satisfaction is important to us. That is why we make the following assurances to you:
Legal Utility Check: After the facts have been collected, it is checked whether the selected legal product fits your case. If not, we will contact you and refund the purchase price in full.
Loss-Win Guarantee: If you are not satisfied with the work result, we will refund the purchase price in full.
Frequently Asked Questions (FAQ)
What is a convertible loan and how does it work for startups in Switzerland?
A convertible loan is a financing instrument in which an investor provides a startup with capital in the form of a loan that can be converted into equity at a later point in time. For Swiss early-stage startups, this means they can quickly and flexibly obtain financial resources without having to make an accurate company valuation immediately. The conversion usually takes place during a future funding round or another predefined event.
What is a convertible loan and how does it work for startups in Switzerland?
A convertible loan is a financing instrument in which an investor provides a startup with capital in the form of a loan that can be converted into equity at a later point in time. For Swiss early-stage startups, this means they can quickly and flexibly obtain financial resources without having to make an accurate company valuation immediately. The conversion usually takes place during a future funding round or another predefined event.
What is a convertible loan and how does it work for startups in Switzerland?
A convertible loan is a financing instrument in which an investor provides a startup with capital in the form of a loan that can be converted into equity at a later point in time. For Swiss early-stage startups, this means they can quickly and flexibly obtain financial resources without having to make an accurate company valuation immediately. The conversion usually takes place during a future funding round or another predefined event.
What is a convertible loan and how does it work for startups in Switzerland?
A convertible loan is a financing instrument in which an investor provides a startup with capital in the form of a loan that can be converted into equity at a later point in time. For Swiss early-stage startups, this means they can quickly and flexibly obtain financial resources without having to make an accurate company valuation immediately. The conversion usually takes place during a future funding round or another predefined event.
What advantages do convertible loans offer for Swiss startups?
Convertible loans offer Swiss startups several advantages. Firstly, they allow for quick capital acquisition, as financing can be completed faster without an immediate business valuation and with fewer formalities to consider. Secondly, they provide flexibility, as the terms can be tailored to the needs of the startup and the investor. Thirdly, they are cost-effective because the legal and administrative costs are lower compared to traditional equity financing. Additionally, they avoid immediate dilution of the founders' shares since the conversion of the loan into equity occurs at a later point in time.
What advantages do convertible loans offer for Swiss startups?
Convertible loans offer Swiss startups several advantages. Firstly, they allow for quick capital acquisition, as financing can be completed faster without an immediate business valuation and with fewer formalities to consider. Secondly, they provide flexibility, as the terms can be tailored to the needs of the startup and the investor. Thirdly, they are cost-effective because the legal and administrative costs are lower compared to traditional equity financing. Additionally, they avoid immediate dilution of the founders' shares since the conversion of the loan into equity occurs at a later point in time.
What advantages do convertible loans offer for Swiss startups?
Convertible loans offer Swiss startups several advantages. Firstly, they allow for quick capital acquisition, as financing can be completed faster without an immediate business valuation and with fewer formalities to consider. Secondly, they provide flexibility, as the terms can be tailored to the needs of the startup and the investor. Thirdly, they are cost-effective because the legal and administrative costs are lower compared to traditional equity financing. Additionally, they avoid immediate dilution of the founders' shares since the conversion of the loan into equity occurs at a later point in time.
What advantages do convertible loans offer for Swiss startups?
Convertible loans offer Swiss startups several advantages. Firstly, they allow for quick capital acquisition, as financing can be completed faster without an immediate business valuation and with fewer formalities to consider. Secondly, they provide flexibility, as the terms can be tailored to the needs of the startup and the investor. Thirdly, they are cost-effective because the legal and administrative costs are lower compared to traditional equity financing. Additionally, they avoid immediate dilution of the founders' shares since the conversion of the loan into equity occurs at a later point in time.
What risks are associated with convertible loans for founders?
For founders, there are also risks associated with convertible loans. One significant risk is the potential dilution of their shares after the conversion of the loan into equity, which can lead to less control over the company. In addition, unfavorable conditions, such as high interest rates or a large discount on the company's valuation, can negatively impact the long-term chances of success for the startup. The legal complexity of such contracts can hardly be managed without professional advice.
What risks are associated with convertible loans for founders?
For founders, there are also risks associated with convertible loans. One significant risk is the potential dilution of their shares after the conversion of the loan into equity, which can lead to less control over the company. In addition, unfavorable conditions, such as high interest rates or a large discount on the company's valuation, can negatively impact the long-term chances of success for the startup. The legal complexity of such contracts can hardly be managed without professional advice.
What risks are associated with convertible loans for founders?
For founders, there are also risks associated with convertible loans. One significant risk is the potential dilution of their shares after the conversion of the loan into equity, which can lead to less control over the company. In addition, unfavorable conditions, such as high interest rates or a large discount on the company's valuation, can negatively impact the long-term chances of success for the startup. The legal complexity of such contracts can hardly be managed without professional advice.
What risks are associated with convertible loans for founders?
For founders, there are also risks associated with convertible loans. One significant risk is the potential dilution of their shares after the conversion of the loan into equity, which can lead to less control over the company. In addition, unfavorable conditions, such as high interest rates or a large discount on the company's valuation, can negatively impact the long-term chances of success for the startup. The legal complexity of such contracts can hardly be managed without professional advice.
How are convertible loans taxed in Switzerland?
The tax treatment of convertible loans in Switzerland can be advantageous but also complex and requires careful planning. Interest payments from the loan may possibly be classified as expenses for the company, while the conversion into equity can have tax consequences for both the startup and the investor. It is crucial to clarify the tax implications in advance and, if necessary, to involve a tax expert to avoid unexpected tax burdens and ensure compliance.
How are convertible loans taxed in Switzerland?
The tax treatment of convertible loans in Switzerland can be advantageous but also complex and requires careful planning. Interest payments from the loan may possibly be classified as expenses for the company, while the conversion into equity can have tax consequences for both the startup and the investor. It is crucial to clarify the tax implications in advance and, if necessary, to involve a tax expert to avoid unexpected tax burdens and ensure compliance.
How are convertible loans taxed in Switzerland?
The tax treatment of convertible loans in Switzerland can be advantageous but also complex and requires careful planning. Interest payments from the loan may possibly be classified as expenses for the company, while the conversion into equity can have tax consequences for both the startup and the investor. It is crucial to clarify the tax implications in advance and, if necessary, to involve a tax expert to avoid unexpected tax burdens and ensure compliance.
How are convertible loans taxed in Switzerland?
The tax treatment of convertible loans in Switzerland can be advantageous but also complex and requires careful planning. Interest payments from the loan may possibly be classified as expenses for the company, while the conversion into equity can have tax consequences for both the startup and the investor. It is crucial to clarify the tax implications in advance and, if necessary, to involve a tax expert to avoid unexpected tax burdens and ensure compliance.
What are the typical conditions of a convertible loan in Switzerland?
Typical terms of a convertible loan in Switzerland include an annual interest rate, which often ranges between 0% and 5%. A discount on the future company valuation is common and typically ranges from 10% to 25%. Additionally, there is often a valuation cap, which sets the maximum company valuation for the conversion. The term of the loan usually ranges between 12 and 36 months. Conversion events, such as the next funding round or certain milestones, are defined to trigger the conversion of the loan into equity.
What are the typical conditions of a convertible loan in Switzerland?
Typical terms of a convertible loan in Switzerland include an annual interest rate, which often ranges between 0% and 5%. A discount on the future company valuation is common and typically ranges from 10% to 25%. Additionally, there is often a valuation cap, which sets the maximum company valuation for the conversion. The term of the loan usually ranges between 12 and 36 months. Conversion events, such as the next funding round or certain milestones, are defined to trigger the conversion of the loan into equity.
What are the typical conditions of a convertible loan in Switzerland?
Typical terms of a convertible loan in Switzerland include an annual interest rate, which often ranges between 0% and 5%. A discount on the future company valuation is common and typically ranges from 10% to 25%. Additionally, there is often a valuation cap, which sets the maximum company valuation for the conversion. The term of the loan usually ranges between 12 and 36 months. Conversion events, such as the next funding round or certain milestones, are defined to trigger the conversion of the loan into equity.
What are the typical conditions of a convertible loan in Switzerland?
Typical terms of a convertible loan in Switzerland include an annual interest rate, which often ranges between 0% and 5%. A discount on the future company valuation is common and typically ranges from 10% to 25%. Additionally, there is often a valuation cap, which sets the maximum company valuation for the conversion. The term of the loan usually ranges between 12 and 36 months. Conversion events, such as the next funding round or certain milestones, are defined to trigger the conversion of the loan into equity.
When should a startup consider a convertible loan?
A startup should consider a convertible loan when it is in an early development phase and an accurate company valuation is difficult or time-consuming. If capital is needed in the short term, a convertible loan allows for quick financing. It is also a suitable option to bridge the gap until the next major funding round. Furthermore, it makes sense when flexible terms are desired that can be tailored to the situation of the startup and the investors.
When should a startup consider a convertible loan?
A startup should consider a convertible loan when it is in an early development phase and an accurate company valuation is difficult or time-consuming. If capital is needed in the short term, a convertible loan allows for quick financing. It is also a suitable option to bridge the gap until the next major funding round. Furthermore, it makes sense when flexible terms are desired that can be tailored to the situation of the startup and the investors.
When should a startup consider a convertible loan?
A startup should consider a convertible loan when it is in an early development phase and an accurate company valuation is difficult or time-consuming. If capital is needed in the short term, a convertible loan allows for quick financing. It is also a suitable option to bridge the gap until the next major funding round. Furthermore, it makes sense when flexible terms are desired that can be tailored to the situation of the startup and the investors.
When should a startup consider a convertible loan?
A startup should consider a convertible loan when it is in an early development phase and an accurate company valuation is difficult or time-consuming. If capital is needed in the short term, a convertible loan allows for quick financing. It is also a suitable option to bridge the gap until the next major funding round. Furthermore, it makes sense when flexible terms are desired that can be tailored to the situation of the startup and the investors.
How does a convertible loan differ from a traditional equity financing?
A convertible loan differs from a classic equity financing in several ways. The investor is initially regarded as a creditor with a convertible loan and only becomes a co-owner after the loan is converted into equity. The company valuation is deferred to a later date, which is particularly advantageous in early stages. In terms of risk distribution, the convertible loan initially offers the investor more security. Additionally, the contracts for convertible loans are often less complex, which accelerates the closing of the financing deal.
How does a convertible loan differ from a traditional equity financing?
A convertible loan differs from a classic equity financing in several ways. The investor is initially regarded as a creditor with a convertible loan and only becomes a co-owner after the loan is converted into equity. The company valuation is deferred to a later date, which is particularly advantageous in early stages. In terms of risk distribution, the convertible loan initially offers the investor more security. Additionally, the contracts for convertible loans are often less complex, which accelerates the closing of the financing deal.
How does a convertible loan differ from a traditional equity financing?
A convertible loan differs from a classic equity financing in several ways. The investor is initially regarded as a creditor with a convertible loan and only becomes a co-owner after the loan is converted into equity. The company valuation is deferred to a later date, which is particularly advantageous in early stages. In terms of risk distribution, the convertible loan initially offers the investor more security. Additionally, the contracts for convertible loans are often less complex, which accelerates the closing of the financing deal.
How does a convertible loan differ from a traditional equity financing?
A convertible loan differs from a classic equity financing in several ways. The investor is initially regarded as a creditor with a convertible loan and only becomes a co-owner after the loan is converted into equity. The company valuation is deferred to a later date, which is particularly advantageous in early stages. In terms of risk distribution, the convertible loan initially offers the investor more security. Additionally, the contracts for convertible loans are often less complex, which accelerates the closing of the financing deal.
What legal aspects must be considered for convertible loans in Switzerland?
When it comes to convertible loans in Switzerland, several legal aspects must be considered. The contractual design should be precise and contain clear definitions of terms, interest rates, and conversion conditions. It is important to comply with the provisions of Swiss corporate law, particularly regarding capital increases and shareholder rights. Additionally, agreements on information rights should be made to protect investors, ensuring transparency and trust before the conversion of the loan.
What legal aspects must be considered for convertible loans in Switzerland?
When it comes to convertible loans in Switzerland, several legal aspects must be considered. The contractual design should be precise and contain clear definitions of terms, interest rates, and conversion conditions. It is important to comply with the provisions of Swiss corporate law, particularly regarding capital increases and shareholder rights. Additionally, agreements on information rights should be made to protect investors, ensuring transparency and trust before the conversion of the loan.
What legal aspects must be considered for convertible loans in Switzerland?
When it comes to convertible loans in Switzerland, several legal aspects must be considered. The contractual design should be precise and contain clear definitions of terms, interest rates, and conversion conditions. It is important to comply with the provisions of Swiss corporate law, particularly regarding capital increases and shareholder rights. Additionally, agreements on information rights should be made to protect investors, ensuring transparency and trust before the conversion of the loan.
What legal aspects must be considered for convertible loans in Switzerland?
When it comes to convertible loans in Switzerland, several legal aspects must be considered. The contractual design should be precise and contain clear definitions of terms, interest rates, and conversion conditions. It is important to comply with the provisions of Swiss corporate law, particularly regarding capital increases and shareholder rights. Additionally, agreements on information rights should be made to protect investors, ensuring transparency and trust before the conversion of the loan.