The bill implementing the European Mobility Directive in the Netherlands was adopted without further debate by the Dutch House of Representatives on 1 June 2023 and the Dutch Senate on 27 June 2023. A date for entry into force has now been set. The new framework for cross-border mergers, demergers and conversions within the EU will apply as of 1 September 2023.
For our article explaining the details of the bill as originally submitted to the Dutch parliament, click here.
Transitional law provisions were included in the bill during the parliamentary process. This was done to facilitate completion of ongoing cross-border mergers, demergers and conversions in accordance with the current legislation. The provisions of the bill do not apply to cross-border mergers if the merger proposal was filed with the Dutch Trade Register before 1 September 2023. Equally, cross-border demergers and conversions are not caught by the bill's new regime if the demerger/conversion proposal was filed with the Dutch Trade Register or another EU member state's commercial register before 1 September 2023.