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Company limited by shares
This is a legal entity with its own name and shares of at least 50,000 Francs. They
may be bearer shares
or registered shares. The supreme body of the company
is the shareholders‘ meeting, which is, inter alia,
responsible for electing the
administration and appropriating the profit. The administration is in charge of
management and representation of the company. A company limited by
shares is obliged to keep accounts
and have them audited once a year.
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