Company law in the Netherlands for Dutch private limited liability companies (B.V.) has changed substantially as of 1 October 2012. That has resulted in a much more attractive regime for the Dutch B.V., which is one of the most widely used legal entities in international holding structures and joint ventures. Among the changes are an abolishment of the minimum capital (EUR 18,000) and of the capital protection provisions, making it easier and quicker to set-up and to use the B.V. in day-to-day practice.
The Articles of Association of your existing B.V. may not yet be in accordance with the legislation that entered into force in 2012, but you can immediately profit from these much more flexible rules by amending the Articles of Association of your B.V. accordingly.
Amendment of the Articles of Association of a Dutch B.V. through Lustrous Law offers the following advantages:
- more options to distribute dividends and reserves
- deferment of the obligation to pay in on shares
- easier contributions in kind
- quicker and more convenient meetings of shareholders
- abolition of outdated formalities in your current Articles.
Next to assistance with amendment of Articles of Association of a B.V., we are of course able to assist with amendment of the Articles of Association of all other Dutch entities, such as the public company (N.V.), foundation and (cooperative) society, and if necessary, also with the conversion of an entity in another legal form. We are ready to take care of your needs and to assist with the preparation of tailor made Articles of Association.