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Vereniging

Vereniging is a Dutch term for an association or club: a voluntary group formed by individuals who share common goals, typically non-profit in nature. Verenigingen are commonly used for sports clubs, cultural groups, professional associations, and community organizations.

Formation and legal status decisions: A vereniging is usually established through a deed of association or

Governance and operating structure: Governance typically involves a general meeting of members and a board (bestuur).

Assets, liability, and tax aspects: As a non-profit, profits are reinvested in the aims of the vereniging.

Dissolution and comparison with stichting: Dissolution follows the statutes, with remaining assets typically allocated to a

statutes
that
set
out
its
aims,
membership
rules,
governance,
and
dissolution.
In
the
Netherlands,
many
verenigingen
register
with
the
Chamber
of
Commerce,
which
can
give
the
organisation
a
recognizable
legal
personality
and
the
ability
to
own
assets,
enter
contracts,
and
sue
or
be
sued
in
its
own
name.
A
vereniging
can
also
operate
without
such
registration,
in
which
case
it
has
more
limited
legal
capacity
and
greater
exposure
for
individual
members
and
the
board.
The
general
meeting
makes
major
decisions
such
as
amendments
to
the
statutes
and
approval
of
accounts,
while
the
board
handles
day-to-day
management
and
representation.
Rules
on
membership,
meetings,
and
voting
are
laid
down
in
the
statutes.
In
many
cases,
the
board
and
members
have
defined
duties
and
fiduciary
responsibilities.
Liability
is
usually
tied
to
the
association
and,
in
some
cases,
to
its
board
for
mismanagement
or
breach
of
duties;
members
are
not
automatically
liable
for
the
association’s
obligations.
Verenigingen
may
qualify
for
tax
benefits
or
subsidies,
and
a
subset
can
obtain
ANBI
status
if
they
pursue
public-benefit
activities,
with
potential
charitable-donation
advantages
for
supporters.
similar
non-profit
body.
Unlike
a
vereniging,
a
stichting
is
a
non-membership
foundation
without
a
general
member
base.