Sometimes it is desirable for a BV or NV to engage in the repurchase or cancellation of its own shares. This is the case, for example, if the interest of a particular shareholder needs to be reduced. A notarial deed is required when purchasing or withdrawing a company's own shares. Kooijman Autar from Rotterdam can provide you with excellent service in this respect.
What can you expect when purchasing your own shares?
In addition to the formalities that apply to the transfer of shares, additional statutory regulations often apply to the repurchase of shares. In addition, both when repurchasing and cancelling shares with repayment, the distribution test must be met. Withdrawal of shares not held by the company is only possible if the articles of association-amendment-notary-rotterdam">statutes permit this or if the shareholders concerned consent. With an NV, the possibilities to withdraw shares are more limited than with a BV. Would you like to know more about our firm or our services? Then do not hesitate to contact us.
Benefit from our expertise
After repurchase or cancellation, at least one share with voting rights must be placed with parties other than the company. For more information on repurchase and cancellation of own shares, please contact our civil-law notary office in the Schiedam area by calling +31 (0)10 285 88 88. Our enthusiastic staff will be happy to assist you.
pkooijman@kooijmanautar.nl
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