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July 2007

Legal Alert - Simpler and More Flexible Law for BVs 

What can we anticipate when drafting articles of association?

On 31 May 2007, a draft bill, which aims to create a simpler and more flexible legal framework for private companies with limited liability ("BV"s) was submitted to the Second Chamber of the Dutch Parliament.

By submitting this bill, the legislature is responding to a need for greater freedom in structuring smaller businesses, joint ventures and corporate groups.

A separate overview outlines the main changes arising from the new BV law. This legal alert discusses how the ramifications of the new BV law can be anticipated when drawing up a BV's articles of association.

downloadPlease download the Legal Alert for more information.

This edition is available in English only.

The following attachment belongs to the legal alert: 

Overview Chart Flex BV