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vennootschapsrechtelijke

Vennootschap is a Dutch term for a business entity with a separate legal personality from its owners. In Dutch corporate law, vennootschappen are the main way to organize a business with limited liability and a defined governance structure. The two most common types used for commercial activity are the Besloten vennootschap (BV) and the Naamloze vennootschap (NV). A BV is a private limited company with shares that are not publicly traded; an NV is a public limited company with shares that may be traded on the market. Partnerships such as Vennootschap onder firma (VOF) and Commanditaire vennootschap (CV) are also recognized forms; they involve partners and varying levels of liability, with general partners often bearing unlimited liability.

Clear separation: The owners are not personally liable for the debts of the vennootschap beyond their contributed

Formation and regulation: A vennootschap is created by a deed of incorporation (akte van oprichting) or articles

capital.
The
entity
is
managed
by
a
board
or
directors,
while
shareholders
or
members
exercise
certain
rights
through
general
meetings.
The
statutes
(statuten)
or
articles
of
association
set
the
rules
for
formation,
governance,
and
dissolution.
of
association,
usually
notarized,
and
registered
with
the
Chamber
of
Commerce.
It
operates
under
the
Dutch
Civil
Code,
in
particular
provisions
governing
legal
persons,
as
well
as
sector-specific
rules.
Companies
must
keep
accounting
records
and
file
annual
accounts.