FREEDOM OF CHOICE UNDER NETHERLANDS ANTILLES CORPORATE LAW
Unprecedented possibilities
The Netherlands Antilles Corporate Act, in force as of 1 March 2004, shows a bold new approach to Netherlands Antilles corporate law as such. One striking aspect is that this legislation gives shareholders far more freedom to organize their company than in the past:
* shareholders of a public limited liability company (‘NV’) or private limited liability company (‘BV’) may choose between the English/American one-board (or one-tier) system and the traditional continental European two-tier system
* there may be voting and non-voting shares; and
* there may be par value shares or non-par value shares.
Karel Frielink
Attorney (lawyer) / Partner
24
Mar
2006
CATEGORY
COMMENTS
No Comments
