Small Offers Exemption

The Small Offers Exemption is designed for issuers raising smaller amounts of capital and is available to both professional and retail investors.

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Who Can Invest?

• Both retail investors (ordinary individuals) and professional investors can participate.

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How Much Money Can Be Raised?

• Up to CHF 8 million in a rolling 12-month period.

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Are There Any Restrictions?

• No full prospectus is required, but you must comply with basic transparency and anti-fraud regulations.

• Issuers should clearly communicate the risks associated with the offering.

• In certain cases, the offering must be promoted by a local authorized representative.

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Compliance Notes

• While this framework simplifies regulatory requirements, issuers should still ensure that their offering materials are clear and accurate to avoid potential legal issues.

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Why Choose This Framework?

The Small Offers Exemption is perfect for startups, small businesses, or tokenized projects seeking moderate fundraising while keeping compliance costs low. It allows access to a broader range of investors without requiring a full prospectus.

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