Amendment to the articles of association
The "rules of the game" for a private company with limited liability (B.V.), a public company with limited liability (N.V.), an association and a foundation are stated in the organisation's articles of association. The law prescribes the requirements for the articles of association for each type of legal entity. The articles of association must include the name of the legal entity, for example, as well as a description of the organisation's objectives, how the board operates and the rules that govern meetings. The first articles of association are laid down in a notarial deed of formation/incorporation.
Any amendments to the articles of association after formation/incorporation must be made by notarial deed. Prior to amending the articles of association, the competent body must first pass an amendment resolution.
The "rules of the game" for a private company with limited liability (B.V.), a public company with limited liability (N.V.), an association and a foundation are stated in the organisation's articles of association. The law prescribes the requirements for the articles of association for each type of legal entity. The articles of association must include the name of the legal entity, for example, as well as a description of the organisation's objectives, how the board operates and the rules that govern meetings. The first articles of association are laid down in a notarial deed of formation/incorporation.
Any amendments to the articles of association after formation/incorporation must be made by notarial deed. Prior to amending the articles of association, the competent body must first pass an amendment resolution.
The deed can be executed as soon as the resolution is passed in the case of a foundation or an association. The amended articles of association must be filed with the Trade Register as soon as possible after the deed is executed.