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Can I form a Swiss Association or (D)UNA?

Beyond U.S. LLCs, OtoCo offers two non-U.S. entity types for international and DAO use cases.

Swiss Association — $299/yr

A Swiss Association (Verein) under Articles 60–79 of the Swiss Civil Code. Instant onchain formation — no notarization required.

Best for:

  • DAO services platforms needing European legal standing
  • Core developer collectives and protocol foundations
  • Multi-member, multi-jurisdiction operations

Requirements:

  • At least two founding member wallets (both sign the formation transaction)
  • $299/yr annual fee

Guide: How to Form a Swiss Association

(D)UNA — $499/yr + $2,000 at DUNA status

Start with an Unincorporated Non-profit Association that automatically upgrades to a Decentralized UNA (DUNA) when your DAO reaches 100+ token holders.

Best for:

  • DAOs with governance tokens and dispersed holder bases
  • Limited liability for token holders without centralized KYC
  • Non-profit-purpose organisations (public goods, protocol governance)

Pricing:

  • $499/yr to form and run the association
  • +$2,000 one-time when DUNA status is reached (100+ members or token holders)

Guide: How to Form a (D)UNA

Choosing between them

Swiss Association for European/global multi-member ops. (D)UNA for U.S.-based tokenised DAOs expecting 100+ holders. For a simple operating LLC, use Delaware or Wyoming.

Next: Choosing the Right Incorporation · Pricing

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