Glossary

OR / CO

What is OR / CO?

OR (Obligationenrecht in German) or CO (Code des obligations in French) refers to the Swiss Code of Obligations, the central body of law governing contracts, companies, and commercial transactions in Switzerland. As a core component of the Swiss civil law system, it provides the legal framework for business and commercial activities, including the formation and management of companies, as well as the regulation of contractual relationships. Every company operating in Switzerland is subject to its provisions, making the OR/CO one of the most important legal references for entrepreneurs, directors, and investors.

Key Areas Covered by the OR / CO

  • Contract Law – General rules for contract formation, validity, breach, and termination
  • Company Law – Legal requirements for establishing and managing companies (e.g., AG, GmbH)
  • Commercial Law – Provisions for commercial transactions and business practices
  • Securities Law – Regulations concerning negotiable instruments and securities

Important Provisions for Businesses

Swiss businesses regularly interact with the OR/CO in areas such as:

  • Company formation and legal structures
  • Rights and duties of shareholders and directors
  • Corporate governance and fiduciary responsibilities
  • Mergers, acquisitions, and corporate restructuring
  • Drafting and enforcement of commercial contracts

Why It Matters?

Understanding the OR/CO is crucial for:

  • Ensuring legal compliance from company formation onward
  • Structuring shareholder agreements and governance frameworks
  • Navigating contractual obligations in both local and international trade
  • Managing risks in corporate and commercial transactions

The OR/CO acts as a blueprint for operating a business lawfully and effectively in Switzerland.
Looking for expert support? Explore our Swiss accounting services to stay compliant with the Swiss Code of Obligations and ensure transparent financial reporting.

Related Services

Need help navigating Swiss company law or structuring your business in compliance with the Code of Obligations?

Swiss Incorporated helps entrepreneurs and businesses form Swiss companies, draft shareholder agreements, and implement corporate structures in full alignment with the Swiss Code of Obligations.