The minister of Justice has informed the Dutch Senate and House of Representatives about the intention not to extend the emergency law by February 1st 2023. Since two years we have been able to use temporary measures related to the emergency law COVID-19. In times of...
Each association or foundation is obliged to draw up annual accounts. But how extensive that should be and whether annual accounts should be deposited with the Dutch Chamber of Commerce, depends on how large the foundation or association is and whether it maintains an...
The implementation of a one-tier board for associations, foundations, cooperatives and mutual insurance societies should be possible for some time now. But several days before the inforcement of the Act on the governance and supervision of legal persons (“Act”) on the...
There are many different ways to encourage and reward the employees by the Company. Common forms of participation are the issuance of (non-voting) shares and the issue of depositary receipts of shares. There is also the option to issue profit certificates. The...
By now it is more than clear that COVID-19 is having a major impact on business. It is expected that COVID-19 will also cause entrepreneurs to use the turbo liquidation in order to dissolve their company. As a result of COVID-19, the Minister for Legal Affairs wants...
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