Public company (Netherlands)
The naamloze vennootschap , abbreviated NV or NV , is the Dutch legal form for a public limited company . Literally translated, the name means 'nameless partnership' (cf. with the SA , the stock corporation in French, Spanish or Portuguese legal areas - Société Anonyme , Sociedad Anónima , Sociedade anónima ), as in contrast to besloten vennootschap (BV or BV), which the GmbH resembles that shareholders do not have to be known by name.
The NV is defined in Articles 64 to 174a of the second book of Burgerlijk Wetboek (BW) as a legal person with limited liability , the capital of which is divided into bearer shares or registered shares . In principle, the shares are freely transferable, but this right can be restricted. The minimum capital for founding an NV is 45,000 euros . The establishment is only possible through a notary. In addition, an entry into the in's Chamber of Commerce led the commercial register mandatory.
The organs of an NV are at least the general meeting ( algemene vergadering ) and the board of directors ( raad van bestuur / directie ). The establishment of a supervisory board ( raad van commissarissen ) (Book 2, Article 140 BW) is fundamentally optional, but may also be an obligation (Book 2, Articles 154 and 158 BW). The board of directors can consist of one or more persons. The board members are charged with the day-to-day management of the NV (Book 2, Article 129 BW).