The acquisition, participation, management, administration, operation and representation of companies, commercial funds, excluding participations in companies holding residential real estate in Switzerland, as well as any other structure and entity active in the field of vehicle rental with drivers and related services, both in Switzerland and abroad; the company may purchase, sell and provide all services in the field of tourism; the company may also establish branches and subsidiaries both in Switzerland and abroad, and carry out all commercial, financial, movable and immovable transactions, excluding operations prohibited by the Federal Law on the Acquisition of Real Estate by Foreigners (LFAIE), in direct or indirect relation to its corporate purpose or apt to promote its realization.