{"id":1831,"date":"2019-11-08T14:22:54","date_gmt":"2019-11-08T13:22:54","guid":{"rendered":"https:\/\/www.kaiserodermatt.ch\/abolition-of-bearer-shares-as-of-01-01-2020\/"},"modified":"2019-11-08T14:22:54","modified_gmt":"2019-11-08T13:22:54","slug":"abolition-of-bearer-shares-as-of-01-01-2020","status":"publish","type":"post","link":"https:\/\/www.kaiserodermatt.ch\/en\/abolition-of-bearer-shares-as-of-01-01-2020\/","title":{"rendered":"Abolition of bearer shares as of 01.01.2020"},"content":{"rendered":"<p>Bearer shares will be abolished as of January 1, 2020. Only public limited companies whose shares are listed on a stock exchange or which have structured their shares as <a href=\"https:\/\/www.admin.ch\/opc\/de\/classified-compilation\/20061735\/index.html\">intermediated securities<\/a> may still have bearer shares. If these requirements are met, the company must have a corresponding note entered in the commercial register by April 30, 2021 at the latest. From May 1, 2021, inadmissible bearer shares will be converted into registered shares by law. The corresponding entry in the commercial register will be made ex officio with the comment that the supporting documents contain information that differs from the entry. As long as the Articles of Association have not been amended with the entry of the registered shares, the Commercial Register Office will reject any application to enter a different amendment to the Articles of Association.     <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bearer shares will be abolished as of January 1, 2020. Only public limited companies whose shares are listed on a stock exchange or which have structured their shares as intermediated securities may still have bearer shares. If these requirements are met, the company must have a corresponding note entered in the commercial register by April [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[145,182],"tags":[190,199,215,216],"class_list":["post-1831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-law-commercial-law","category-notarial-law-and-notarization","tag-public-limited-company","tag-notarization","tag-bearer-shares","tag-amendment-to-the-articles-of-association"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Abolition of bearer shares as of 01.01.2020 - Philippe Kaiser<\/title>\n<meta name=\"description\" content=\"Bearer shares will be abolished in 2020. Find out whether your public limited company is an exception or whether you need to amend your articles of association.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abolition of bearer shares as of 01.01.2020 - Philippe Kaiser\" \/>\n<meta property=\"og:description\" content=\"Bearer shares will be abolished in 2020. Find out whether your public limited company is an exception or whether you need to amend your articles of association.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kaiserodermatt.ch\/en\/abolition-of-bearer-shares-as-of-01-01-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Kaiser Odermatt &amp; Partner\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-08T13:22:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.kaiserodermatt.ch\/wp-content\/uploads\/2025\/05\/shares-e1573811493184.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"281\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"someguys\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"someguys\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.kaiserodermatt.ch\/en\/abolition-of-bearer-shares-as-of-01-01-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.kaiserodermatt.ch\/en\/abolition-of-bearer-shares-as-of-01-01-2020\/\"},\"author\":{\"name\":\"someguys\",\"@id\":\"https:\/\/www.kaiserodermatt.ch\/en\/#\/schema\/person\/bcfcefa5c33946a732ba2f3f04d5edca\"},\"headline\":\"Abolition of bearer shares as of 01.01.2020\",\"datePublished\":\"2019-11-08T13:22:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.kaiserodermatt.ch\/en\/abolition-of-bearer-shares-as-of-01-01-2020\/\"},\"wordCount\":137,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.kaiserodermatt.ch\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.kaiserodermatt.ch\/en\/abolition-of-bearer-shares-as-of-01-01-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.kaiserodermatt.ch\/wp-content\/uploads\/2025\/05\/shares-e1573811493184.jpg\",\"keywords\":[\"Public limited company\",\"Notarization\",\"Bearer shares\",\"Amendment to the Articles of Association\"],\"articleSection\":[\"Corporate Law \/ Commercial Law\",\"Notarial Law and Notarization\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.kaiserodermatt.ch\/en\/abolition-of-bearer-shares-as-of-01-01-2020\/\",\"url\":\"https:\/\/www.kaiserodermatt.ch\/en\/abolition-of-bearer-shares-as-of-01-01-2020\/\",\"name\":\"Abolition of bearer shares as of 01.01.2020 - Philippe Kaiser\",\"isPartOf\":{\"@id\":\"https:\/\/www.kaiserodermatt.ch\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.kaiserodermatt.ch\/en\/abolition-of-bearer-shares-as-of-01-01-2020\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.kaiserodermatt.ch\/en\/abolition-of-bearer-shares-as-of-01-01-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.kaiserodermatt.ch\/wp-content\/uploads\/2025\/05\/shares-e1573811493184.jpg\",\"datePublished\":\"2019-11-08T13:22:54+00:00\",\"description\":\"Bearer shares will be abolished in 2020. 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