Naamloze vennootschap(Dutch pronunciation:[ˈnaːmloːzəˈvɛnoːtsxɑp];abbreviated asN.V.orNV[ɛnˈveː])[a]or (in theFrench Community of Belgium)Société anonyme(SA) is a type ofpublic companydefined by business law in theNetherlands,Belgium,Indonesia(where it is known asperseroan terbatas,correctly abbreviatedPTand allows forprivate companies), andSuriname.[3]The company is owned byshareholders,and the company's shares are not registered to certain owners, so that they may be traded on the publicstock market.

The phrase literally means "nameless partnership" or "anonymous venture" and comes from the fact that the partners (the shareholders) are not directly known. This is in contrast to the term for a private limited company, which is calledbesloten vennootschap(an "exclusive" or "closed partnership", one in which stock is not for sale on open markets).

Eachnaamloze vennootschapis alegal entityin theNetherlands,Belgium,Aruba,Curaçao,Suriname,Sint MaartenandIndonesia.A minimum of €45,000 (€61,500) paid in capital is required to establish a Dutch (Belgian) nv.[4]Establishing a Dutch nv is only possible by a notarial act by a Dutchcivil law notary.

See also

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  • AB (publ)(Publikt Aktiebolag) – the corresponding concept in Sweden and Finland
  • AG(Aktiengesellschaft) – the corresponding concept in Germany, Austria, and Switzerland
  • A/S(Aktieselskab) – the corresponding concept in Denmark
  • AS(Aksjeselskap) – the corresponding concept in Norway
  • Inc(Incorporated) – the corresponding concept in US
  • KK(Kabushiki kaisha) – the corresponding concept in Japan
  • Ltd(Limited) - The corresponding concept in Commonwealth countries such as India and other countries which is for public companies just Ltd or private companies with Pvt Ltd or Pte Ltd in Singapore.
  • Oyj(Julkinen Osakeyhtiö) – the corresponding concept in Finland
  • Plc(Public Limited Company) - the corresponding concept in the UK and Ireland
  • S.A.- the corresponding concept in Latin America, Portugal, France, Spain, and other Romanic countries, also in Poland and the Walloon region of Belgium
  • SE(Societas Europaea) – additional legal structure of a company available in the European Union
  • S.p.A.(Società per Azioni) - the corresponding concept in Italy
  • Types of companies

Notes

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  1. ^Although according to the official Dutch spelling,naamloze vennootschapshould be abbreviated as 'nv',[1]article 2:66 of the Dutch Civil Code prescribes that the name of anynaamloze vennootschapstarts or ends with "Naamloze Vennootschap" or abbreviated as "N.V.".[2]

References

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  1. ^"Nederlandse Taalunie".Archivedfrom the original on 2021-12-28.Retrieved2019-10-31.
  2. ^"Burgerlijk Wetboek Boek 2".wetten.overheid.nl[nl].
  3. ^Ulinich, Anya (2014-06-27)."N.V. (NV or Naamloze Vennootschap) Definition | Investopedia".Archivedfrom the original on 2018-03-11.Retrieved2016-08-22.
  4. ^"Public limited company (PLC)".business.gov.nl.Archivedfrom the original on 2021-09-30.Retrieved2021-09-30.