Hi all, I’m in the process of setting up an association in Switzerland and have drafted the statutes. Before finalizing everything, I have a few questions about the constitutive General Assembly (AG constitutive) — I know AI tools can help, but I’d really value hearing from people who’ve actually gone through this process themselves, especially since I don’t want to get rejected by the bank down the line. Thanks a lot in advance! Founding members: Right now it’s just me and one other person as founding members. I’ve heard conflicting advice — some say you need 3 people named at the constitutive AG, others say 2 is fine. I don’t have a third person in mind yet — is it still possible to move forward with just the two of us? Board roles at the AG: Do I only need to name/elect a President at the constitutive AG, or do I also need to formally elect a Secretary and Treasurer at that same meeting? Signature authority: I was planning to be the sole signatory, but I’ve also heard it’s better to have two people with signature rights. What are the actual options here, and what do banks/practice typically expect? Insurance: What kind of insurance is actually essential for a new association (vs. nice-to-have)? Any input from people who’ve set one up themselves would be hugely appreciated — especially any gotchas you ran into that you didn’t expect! Thank you! submitted by /u/Kitsune1615
Originally posted by u/Kitsune1615 on r/Switzerland