The articles of association can contain a provision which says that a shareholder, who intends to sell his shares, first has to offer his shares to the other shareholders or that he first needs approval of the other shareholders. If he does not get the approval, one or more of the other shareholders will need to buy his shares. If there are no shareholders willing to purchase his shares, he can sell his shares to a third party. The share transfer restriction safeguards the private character of the BV.
Related Questions
Share capital of a BV does not have to be paid in full immediately. However, it is recommendable to not wait too long. Why?
Shareholders have the right to vote in the general meeting of shareholders and if they own at least 1% of the shares, they can put items on the agenda of the meeting.
There are different types of shares. Which types can be issued? What are the differences?
To be able to start a BV, you have to fulfill the minimum capital requirements. How much is the minimum capital?
The shareholders are the owners of the company. What can they do in this capacity?