{"id":1878,"date":"2023-02-23T13:17:03","date_gmt":"2023-02-23T13:17:03","guid":{"rendered":"https:\/\/notarisnodig.nl\/onderneming\/omzetten-en-ontbinden-bv\/"},"modified":"2023-11-04T11:22:53","modified_gmt":"2023-11-04T11:22:53","slug":"converting-and-dissolving-a-bv","status":"publish","type":"page","link":"https:\/\/notarisnodig.nl\/en\/businesses\/converting-and-dissolving-a-bv\/","title":{"rendered":"Converting & dissolving a bv"},"content":{"rendered":"

[vc_row equal_height=”yes” el_class=”ipadl4col”][vc_column width=”2\/12″][\/vc_column][vc_column width=”4\/12″][vc_custom_heading text=”Key facts about
\nconverting & dissolving a bv<\/i>” use_theme_fonts=”yes” el_class=”blauwheader”][vc_column_text css=”.vc_custom_1699096932130{margin-bottom: 0px !important;}”]During the existence of a legal entity (bv<\/em>, nv<\/em>, stichting<\/em> (foundation), vereniging<\/em> (association)), its legal form is sometimes found to no longer fit the organisational form. Dutch law then offers opportunities to ‘convert’ the legal form.<\/p>\n

Conditions for conversion<\/strong><\/span><\/p>\n

For example, a bv<\/em> can be converted into an nv<\/em> (naamloze vennootschap<\/em> – public limited company), and vice versa. This requires that certain legal conditions are met, including a resolution to convert, a resolution to amend the articles of association, a notarial deed of conversion and registration in the Business Register.<\/p>\n

Court authorisation may be required and certain conditions to maintain the legal entity’s assets may have to be met. The experienced civil-law notaries at Sch\u00e4fer Notarissen in Eindhoven and Nuenen are here to expertly advise you.<\/strong><\/p>\n

Dissolution and liquidation
\n<\/strong><\/span>Do you want to end a legal entity altogether? Then it must first be dissolved. This usually requires a formal resolution from an authorised body. If your legal entity is a bv<\/em> or nv<\/em>, this resolution is up to the General Meeting of Shareholders. If the legal entity is a foundation, its board decides. The resolution to dissolve an association is up to the general meeting of members.<\/p>\n

Once it has been resolved to dissolve the legal entity, there are two scenarios:
\n1. The legal entity no longer has any ‘assets’ (possessions) at the time of dissolution;
\n2. The legal entity has assets at the time of dissolution.<\/p>\n

Dissolution without liquidation if there are no assets
\n<\/strong><\/span>If there are no more assets at the time of dissolution, no liquidation is required, and the legal entity will immediately cease to exist upon dissolution. The board of the legal entity should immediately report this fast-track liquidation, also known as \u2018turbo liquidation\u2019, to the Business Register of the Chamber of Commerce where the legal entity is registered.[\/vc_column_text][\/vc_column][vc_column width=”4\/12″ css=”.vc_custom_1667769090822{padding-top: 0px !important;border-radius: 10px !important;}” el_class=”radius”][vc_single_image image=”1448″ img_size=”full” el_class=”nomargin”][vc_column_text css=”.vc_custom_1699096953692{margin-bottom: 0px !important;}”]Dissolution with liquidation if there are assets
\n<\/strong><\/span>If the legal entity does have assets at the time of dissolution, the legal entity continues to exist for as long as necessary to liquidate its assets and pay all debts and benefits. The name of the legal entity should then be followed by ‘in liquidatie<\/em>‘ in documents and notices.<\/p>\n

While liquidation is taking place, the liquidators are under the statutory obligation to observe several formalities. Usually, the directors or the members of the board are the liquidators, unless the articles of association designate other liquidators. Is there no liquidator? Then the court will appoint one.<\/strong>[\/vc_column_text][\/vc_column][vc_column width=”2\/12″][\/vc_column][\/vc_row][vc_section full_width=”stretch_row” css=”.vc_custom_1667906616698{background-image: url(https:\/\/notarisnodig.nl\/wp-content\/uploads\/2022\/10\/back-grijs.jpg?id=12) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_row css=”.vc_custom_1667906698632{padding-top: 60px !important;}”][vc_column width=”2\/12″][\/vc_column][vc_column width=”8\/12″][vc_column_text el_class=”blauw aktemiddentext”]<\/p>\n

Does the legal form of your company no longer match requirements? Ask us for advice. Sch\u00e4fer Notarissen – we’re here for you.<\/p>\n

[\/vc_column_text][vc_btn title=”Contact us” style=”flat” color=”danger” size=”lg” align=”center” el_class=”aktebutton” link=”url:https%3A%2F%2Fnotarisnodig.nl%2Fen%2Fcontact%2F”][vc_separator color=”blue” border_width=”2″ css=”.vc_custom_1667906711654{margin-top: 60px !important;}”][\/vc_column][vc_column width=”2\/12″][\/vc_column][\/vc_row][vc_row][vc_column width=”2\/12″ el_class=”linkkleur1″][\/vc_column][vc_column width=”8\/12″][vc_row_inner][vc_column_inner width=”2\/3″][vc_custom_heading text=”Quickly find the notarial deed<\/i> you\u2019re looking for.” font_container=”tag:h2|text_align:left|color:%230873a8″ use_theme_fonts=”yes” el_class=”blauwheader”][vc_column_text][\/vc_column_text][\/vc_column_inner][vc_column_inner el_class=”zoekenhome” width=”1\/3″][vc_raw_html]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[\/vc_raw_html][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=”2\/12″][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1674047301776{margin-top: -25px !important;}”][vc_column width=”1\/12″ el_class=”linkkleur1″][\/vc_column][vc_column width=”10\/12″ el_class=”dienstenslider”][\/vc_column][vc_column width=”1\/12″][\/vc_column][\/vc_row][\/vc_section]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"

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