Management and supervisory boards in the Netherlands in brief
‘Management and Supervisory boards in the Netherlands in brief’ is an updated, 2021 publication that highlights a number of practical topics relevant to both management board members and supervisory board members of public limited companies, private limited companies and cooperatives. Its topics range from adoption of resolutions to division of duties, from appointment to dismissal, from a one-tier board to representation and from liability to discharge and insurance.
Relevant topics for practice
‘Management and Supervisory boards in the Netherlands in brief’ is an updated, 2021 publication that highlights a number of practical topics relevant to both management board members and supervisory board members of public limited companies, private limited companies and cooperatives. Its topics range from adoption of resolutions to division of duties, from appointment to dismissal, from a one-tier board to representation and from liability to discharge and insurance.
This publication also addresses several employment-related aspects of the relationship between the company and its management board members, the relationship between supervisory board members and the company and the corresponding tax position for both.
Impact of laws
With this brief reference work, we would like to draw your attention to a number of interesting and pertinent issues. Amongst other things, we refer to the Temporary Act governing the COVID-19 Measures (Tijdelijke Wet Covid-19) that in response to the coronavirus crisis was introduced with retroactive effect to 16 March 2020 and has been extended several times since then. This Act permits, for example, the option to hold virtual meetings of shareholders or members, deviations from statutory provisions and provisions under the articles of association and the postponement of preparing and publishing financial statements. We also refer in a number of places to the Act on Management and Supervision of Legal Entities (Wet bestuur en toezicht rechtspersonen) which will enter into force on 1 July 2021. This Act primarily changes the statutory provisions that apply to foundations and associations, but also implements a number of harmonising amendments that affect Dutch public companies and private limited liability companies.
Contact
Do not hesitate to contact us if you have any questions in relation to this publication or other governance-related topics. As your trusted law & tax partner, we are happy to take the time to research your question and advise you.
The contributors to this booklet include: Marieke Kolsters (Corporate Law), Klaas Wiersma (Employment Law, Taxes and Benefits), Hans van Ruiten (Employment Law, Taxes and Benefits) and Mijke Sinninghe Damsté (Litigation and Risk Management), Huib Schrama (Litigation & Risk Management), Céline van Asperen de Boer (Litigation ＆ Risk Management) and Michel Bosman (Litigation ＆ Risk Management).
Click here to download the pdf-version from 'Management and supervisory boards in the Netherlands in brief' or read it below. If you would like to receive the Dutch version in hard copy, send an email to info@loyensloeff.com.
Marieke Kolsters
Counsel Senior Deputy Civil Law NotaryMarieke Kolsters, Counsel and senior deputy civil law notary, is a member of the Corporate practice group.
T: +31 20 578 53 58 M: +31 651 85 36 72 E: marieke.kolsters@loyensloeff.com
Klaas Wiersma
Partner Attorney at lawKlaas Wiersma, attorney at law, is a member of the Employment & Benefits practice group. He has over 19 years’ all-round experience in employment law, with a particular focus on the employment aspects of, mostly international, M&A-deals, co-determination procedures, restructurings and collective dismissals, and cross-border employment.
T: +31 20 578 59 60 E: klaas.wiersma@loyensloeff.com
Hans van Ruiten
Partner Tax adviserHans van Ruiten, tax adviser, is a member of the Employment & Benefits practice group in our Rotterdam office. He has a wide expertise (over 30 years of experience) in employment taxation matters. An important part of his practice is regarding equity incentives.
T: +31 10 224 64 18 E: hans.van.ruiten@loyensloeff.com
Mijke Sinninghe Damsté
Partner Attorney at lawMijke Sinninghe Damsté, attorney at law, is a member of the Litigation & Risk Management practice group.
T: +31 20 578 56 66 M: +31 610 89 46 93 E: mijke.sinninghe.damste@loyensloeff.com
Huib Schrama
Senior Associate Attorney at lawHuib Schrama, attorney at law, is a member of the Litigation & Risk Management practice group. Huib focuses on corporate law and liability law. He advises and litigates on class actions, directors’ liability, cartel damages, (property) finance and commercial contracts.
T: +31 20 578 52 59 M: +31 653 57 36 30 E: huib.schrama@loyensloeff.com
Céline van Asperen de Boer
Senior Associate Attorney at LawCéline van Asperen de Boer, attorney at law, is a member of the Litigation & Risk Management practice group. She is also part of the multidisciplinary Team Corporate Investigations.
T: +31 20 578 52 52 E: celine.van.asperen.de.boer@loyensloeff.com
Michel Bosman
Associate Attorney at lawMichel Bosman, attorney at law, is a member of the Litigation & Risk Management practice group in our Amsterdam office. He focuses on commercial and corporate law disputes.
T: +31 20 578 56 40 M: +31 6 10 90 09 96 E: michel.bosman@loyensloeff.com
Niek Zaman
Of counselNiek F.M.M. Zaman was notary and partner at Loyens & Loeff from 1987 until 2015.
T: +31 10 224 61 15 E: niek.zaman@loyensloeff.com
