February 7, 2018

Liability of directors in The Netherlands

Introduction Starting a company of your own is an attractive activity for a lot of people and comes with several advantages. However, what (future) entrepreneurs seem to underestimate, is the fact that founding a company also comes with disadvantages and risks. When a company is founded in the form of a legal entity, the risk of liability of directors is present. A legal entity is a separate legal body with a legal personality. Therefore, a legal entity is able to […]
February 6, 2018

The Dutch Highly Skilled Migrants Scheme 2018

The Dutch labour market is becoming more and more international. The number of international employees within Dutch organisations and businesses grows. For people from outside the European Union it is possible to come to the Netherlands as a highly skilled migrant. But what is a highly skilled migrant? A highly skilled migrant is a highly educated foreigner with the nationality of a country from outside the EU and Switzerland who wants to enter the Netherlands in order to contribute to […]
February 3, 2018

Dutch Immigration Law: Residence Permits and Naturalisation

Introduction Foreigners come to the Netherlands with a specific purpose. They wish to live with their family, or for example come here to work or study. The reason of their stay is called the purpose of stay. A residence permit can be granted by the Immigration and Naturalisation Service (hereafter referred to as the IND) for either a temporary or non-temporary purpose of stay. After 5 years of uninterrupted residence in the Netherlands, it is possible to request a residence […]
January 26, 2018

Cryptocurrency: be aware of the compliance risks

In our rapidly evolving society, cryptocurrency becomes increasingly popular. Currently, there are many types of cryptocurrency, such as Bitcoin, Ethereum, and Litecoin. Cryptocurrencies are exclusively digital, and the currencies and technology are kept safe by using the blockchain technology. This technology keeps a secure record of each transaction all in one place. No one controls the blockchain since these chains are decentralized across every computer that has a cryptocurrency wallet. Blockchain technology also provides anonymity for users of cryptocurrency. The […]
September 2, 2017
Compliance in the Dutch legal sector

Compliance in the Dutch legal sector

The bureaucratic pain in the neck called “compliance” Introduction With the introduction of the Dutch Anti-Money Laundering and Anti-Terrorist Financing Act (Wwft) and the changes that have since been made to this Act came a new era of supervision. As the name indicates, the Wwft was introduced in an attempt to combat money laundering and the financing of terrorism. Not only financial institutions such as banks, investment companies and insurance companies, but also attorneys, notaries, accountants and many other professions […]