Does my company have to install a supervisory board or appoint non-executive directors?

If the size of a BV exceeds a certain threshold, the business qualifies as a structuurvennootschap. As a consequence, it must install a supervisory board or appoint non-executive directors to the board of directors. A BV or NV qualifies as a structuurvennootschap if:

  1. The sum of the company’s issued share capital and reserves is more than EUR 16 million
  2. The company is legally bound to appoint a Works Council; and
  3. The company employs at least 100 employees in the Netherlands.

 

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