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:
- The sum of the company’s issued share capital and reserves is more than EUR 16 million
- The company is legally bound to appoint a Works Council; and
- The company employs at least 100 employees in the Netherlands.
Related Questions
Althouh the BV has legal personality, the directors can in some cases be held personally liable. When?
A legal entity may only participate in economic or social life if represented by natural persons. Who is authorized to represent the BV?
What does the board have to do, besides properly managing the company and drawing up the financial statements?
What do the supervisory board and the non-executive directors do, besides supervising and advising the board of directors?