CONVERSION OF A DUTCH CARIBBEAN LIMITED LIABILITY COMPANY

An NV may be converted into a BV and vice versa

The Netherlands Antilles Civil Code provides for an NV to be converted into a BV and vice versa. Conversion does not terminate the existence of the legal entity.

Conversion requires a resolution. A resolution to convert and to amend the articles has to be adopted, if only to satisfy similar requirements as for a resolution to amend the articles. The conversion shall become effective by execution of a notarial deed of conversion, and said deed must contain the new articles of association.

A conversion balance sheet must be attached to …
Read the rest »

06
Jun 2009
CATEGORY

Corporate

COMMENTS No Comments

THE SHAREHOLDERS REGISTER OF A DUTCH CARIBBEAN LIMITED LIABILITY COMPANY

Shareholders may inspect the register

Every shareholder of a Netherlands Antilles NV or BV may inspect the register of the company regarding the shares held by them. The articles of association of a particular company may confer the right for inspection on others. In most cases a shareholder may however only inspect the register of the company in so far as the shares held by him are concerned.

Shareholders, who alone or jointly with other shareholders, may cast at least ten percent of the votes with regards to a specific matter, may request in writing that the management or supervisory …
Read the rest »

07
Feb 2009
CATEGORY

Corporate

COMMENTS No Comments