OR Art. 963a -

Einleitung zur Rechtsnorm OR:



The Swiss Code of Obligations is a central code of Swiss civil law that regulates the legal relationships between private individuals. It includes five books that cover various aspects of contract law, law of obligations and property law, including the formation, content and termination of contracts, as well as liability for breach of contract and tort. The Code of Obligations is an important code of law for business and everyday life in Switzerland, as it forms the basis for many legal relationships and contracts and has been in force since 1912, whereby it is regularly adapted to social and economic developments.

Art. 963a OR from 2025

Art. 963a Federal Act on the Amendment of the Swiss Civil Code (OR) drucken

Art. 963a Exemption from the duty to prepare accounts

1 A legal entity is exempt from the duty to prepare consolidated accounts if it:

  • 1. together with the controlled undertaking has not exceeded two of the following thresholds in two successive financial years:
  • a. a balance sheet total of 20 million francs,
  • b. sales revenue of 40 million francs,
  • c. 250 full-time positions on annual average;
  • 2. is controlled by an undertaking whose consolidated accounts have been prepared and audited in accordance with Swiss or equivalent foreign regulations; or
  • 3. it has delegated the duty to prepare consolidated accounts to a controlled undertaking in accordance with Article 963 paragraph 4.

    • 2 Consolidated accounts must nonetheless be prepared where:

  • 1. this is necessary in order to make the most reliable assessment of the economic position;
  • 2. (1) company members who represent at least 20 per cent of the basic capital or 10 per cent of the members of a cooperative or 20 per cent of the members of an association so require;
  • 3. a company member or an association member subject to personal liability or a duty to pay in further capital so requires; or
  • 4. the foundation supervisory authority so requires.

    • 3 If the financial reporting is not carried out in francs, in order to ascertain the values in accordance with paragraph 1 number 1 the exchange rate on the balance sheet date shall be applied for the balance sheet total and the annual average exchange rate for the sales revenue. (1)

    (1) (2)
    (2) Amended by No I of the FA of 19 June 2020 (Company Law), in force since 1 Jan. 2023 (AS 2020 4005; 2022 109; BBl 2017 399).
    Es besteht kein Anspruch auf Aktualität und Vollständigkeit/Richtigkeit.
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