NVs and BVs are so-called capital companies and have shares. The shares give joint rights to the capital of the company. When shares are issued, payment on the shares must be made or a promise must be made that these will be paid up in the future.
Payments can be made in cash or in kind. The latter means that objects, rights or other goods are paid up on the shares. For example, an immovable property or a company.
In principle, shares in the capital of NVs and BVs give profit and voting rights. By the articles of association, shareholders' rights can be limited. Thus, profit rights can be adjusted. In BVs, it is even possible to create profitless shares. In a BV, non-voting shares can also be created.
Registered shares in an NV and shares in a BV can only be transferred by notarial deed. This also applies to the allocation of shares, after a divorce, for example. If there was a community of property, an allocation by notarial deed is required, even if the shares were already registered.
Shares also occur in cooperatives and partnerships. But we also see the concept of shares in flat splits. There, it usually concerns the economic relationships and entitlement. But sometimes also to differentiate voting rights.
For more information on shares, shareholder rights and the delivery of shares, please contact us. We will be happy to help.
