| Companies law |
|---|
| Company · Business |
| Business entities |
| Sole proprietorship
Corporation Cooperative |
| United States |
| S corporation · C corporation LLC · LLLP · Series LLC Delaware corporation Nevada corporation Massachusetts business trust Delaware statutory trust Benefit corporation |
| UK / Ireland / Commonwealth |
|
Unlimited company Community interest company |
| European Union / EEA |
| SE · SCE · SPE · EEIG |
| Elsewhere |
| AB · AG · ANS · A/S · AS · GmbH K.K. · N.V. · Oy · S.A. · more |
| Doctrines |
| Corporate governance Limited liability · Ultra vires Business judgment rule Internal affairs doctrine Piercing the corporate veil Rochdale Principles |
| Related areas |
| Contract · Civil procedure |
Besloten Vennootschap (Dutch pronunciation: [ˌbə.ˈsloː.tə(n) ˈvɛ.noːt.ˌsxɑp]) (usually abbreviated BV) is the Dutch terminology for a private limited liability company. The company is owned by shareholders, and the company's shares are privately registered and not freely transferable. The phrase means "secluded partnership" or "private partnership" and it is the most common form of enterprise in the Netherlands.
A BV may be created by one or more individuals or legal entities, Dutch or foreign, with a minimum paid in capital of €18,000. After the Ministry of Justice issues a statement of no-objection, a deed of incorporation is executed and filed. The deed must be in Dutch; it contains details of the incorporators and of the initial Members of the Board, their amounts of participation and payments of initial capital. The deed also contains the Articles of Association, consisting of at least:
The authorized capital is the maximum capital that may subsequently be issued without altering the Articles of Association; it may be up to a maximum of five times the initial capital.
Contrast with the publicly traded form of company: Naamloze Vennootschap.