Areas of advice
Business law
About business law
We take care of the legal incorporation and clearly record who owns what and who decides.
Frequently asked questions
UBO stands for Ultimate Beneficial Owner, i.e. the person who ultimately has an interest in an organisation. This is always a natural person (a human being) who holds more than 25% of the shares, voting rights or ownership interest, or who in practice exercises control. Organisations are required to register their UBOs with the Chamber of Commerce (KvK). This obligation exists to combat money laundering and fraud.
Business forms can be divided into two main groups: those with legal personality and those without legal personality. An important difference is the extent to which you are personally liable for business debts.
Business forms with legal personality, also known as legal entities, include:
- Private limited company (BV)
- Public limited company (NV)
- Cooperative
- Association
- Foundation
Business forms without legal personality include:
- Sole proprietorship
- Partnership (maatschap)
- Limited partnership (CV)
- General partnership (vof)
A private limited company is a legal entity with a capital divided into shares. The shareholders provide capital to the BV and receive shares in return. These shares represent, on the one hand, the economic interest in the BV and, on the other, control over the BV.