N.V. (Naamloze Vennootschap)

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Definition of 'N.V. (Naamloze Vennootschap)'

A naamloze vennootschap (N.V.) is a type of limited liability company in the Netherlands. It is similar to a corporation in the United States. N.V.s are typically used by larger businesses, as they offer more flexibility and protection for shareholders than other types of companies.

To form an N.V., you will need to file articles of association with the Dutch Chamber of Commerce. The articles of association will set out the company's name, purpose, capital structure, and management structure. You will also need to appoint a board of directors and a supervisory board.

N.V.s are taxed on their profits. The tax rate is currently 25%. However, there are a number of tax breaks available to N.V.s, such as a deduction for research and development expenses.

N.V.s are also subject to a number of other regulations, such as the requirement to have an annual audit.

If you are considering starting a business in the Netherlands, an N.V. may be the right choice for you. It offers a number of advantages over other types of companies, such as flexibility, protection for shareholders, and tax breaks.

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