The most striking difference between a NV and a BV is that the latter can not issue shares. The BV has to have a register in which all names and addresses of the holders of its shares are noted.

A NV can issue shares without registering who actually ownes it. Therefor, only NV's are on the stock market in The Netherlands.

Shares of a BV are not freely transferable. The statutes of a BV need to have a blockade; for example shares should first be offered to fellow share-holders of the BV. Also a blockade is possible regarding heritage of shares.

This blockade is not mandatory for a NV.

Any transfer of shares of a BV will furthermore be done formally by the notary. This might be a costly business if shares are moved often from owner.

Starting a BV or a NV has to be made by act of a notary and the founders of the BV or NV should have no criminal record.

Starting capital of a BV is at its minimum 18.000 Euro. Comparing to the United States of America this is much more. Other countries in Europe are at this same minimum.

Abovementioned amount of money does not have to be constituted in cash, it also can be equipment like computers and cars. This value of equipment will have to be assessed by the accountant.

When inserting money in the BV or NV, the bank will have to give a statement.

Event without fulfilling the abovementioned conditions, the BV or NV can start doing business in advance.

The BV or NV will use the abbreviation: BV. i.o. or NV i.o. which stands for "in oprichting" (in construction).

Contact Guapa for more details at Info@guapa.org.