What is OR?
OR (Obligationenrecht) is the Swiss Code of Obligations, a key legal foundation for company law, contract law, and accounting duties.
Key Features
- Core legal framework for commercial obligations
- Sets important company governance principles
- Contains accounting and reporting requirements
- Frequently referenced in corporate structuring and compliance
Practical Usage
- Align governance documents with OR requirements
- Ensure accounting processes reflect legal obligations
- Check contract standards against OR principles
- Review changes that impact reporting and governance
Tax and Compliance Implications
Ignoring OR-aligned requirements can expose companies to governance and reporting deficiencies. Legal-accounting alignment is essential for robust compliance.