NV

The NV is a limited liability company. It can perform all lawful business. NVs can be held as a closed company, but can also issue shares to the public.

Advantages of an NV include:
    - It can perform all lawful business
    - No requirements to disclose the identity of the Beneficial Owners
    - One Shareholder is sufficient
    - Only one Director is required
    - Both Individuals and Corporate Entities may be a Shareholder or Director
    - Directors can meet anywhere
    - Bearer and Priority Shares may be issued, as well as Non-voting Shares and Shares with limited voting rights
    - Tax Rulings can be negotiated with the Tax Inspector
    - No exchange Controls Exist
    - Enjoys tax treaty benefits
    - Companies can (re)domicile in other jurisdictions and vice-versa

Formation

For the incorporation of an NV a Deed of Incorporation is signed in the presence of a Civil Law notary. At least one incorporator is necessary andthis may be a nominee.

Use

NV's are efficient and effective corporate vehicles, especially for international tax planning reasons. Besides holding assets and investments, intellectual property, and real estate, NV's are also used for business activities such as financing, international trading, mutual funds, captive insurance, and offshore banking.

Restrictions

International business activities such as banking, insurance, and mutual fund management require a license. All business objectives must be stated in the Articles of Incorporation. These may not be in breach of moral integrity, public order or the law.