Formally Foreign Companies Act (WFBV)

in force

Foreign-incorporated companies operating (almost) wholly in the Netherlands: registration, accounts, directors' liability

Corporate law · Wet op de formeel buitenlandse vennootschappen · BWBR0009191 · Articles: 15

Source

1 Article 1

In this Act, a formally foreign company (*formeel buitenlandse vennootschap*) means a capital company possessing legal personality, incorporated…

2 Article 2

The directors of a formally foreign company are obliged to submit a statement for registration in the Commercial Register that the company meets the…

3 Article 3

All writings, printed documents and announcements, to which a formally foreign company is a party or which emanate from it, with the exception of…

4 Article 4

With respect to a formally foreign company, Articles 9, 216, paragraph 3, and 248 of Book 2 of the Civil Code apply mutatis mutandis in the event of…

5 Article 5

Without prejudice to paragraph 2, Article 10 of Book 2 of the Civil Code applies mutatis mutandis to a formally foreign company. The obligations…

6 Article 6

With regard to a formally foreign company (formeel buitenlandse vennootschap), Articles 249, 260 and 261 of Book 2 of the Civil Code apply mutatis…

7 Article 7

For the purposes of Articles 2 up to and including 6, the persons who are charged with the day-to-day management of the enterprise belonging to the…

8 Article 8

9 Article 9

10 Article 10

11 Article 11

With respect to companies which, at the time of the entry into force of this Act, satisfy the description of Article 1, the following applies:

11a Article 11a

With regard to companies originating from the United Kingdom which, at the time of the withdrawal of the United Kingdom from the European Union, meet…

12 Article 12

13 Article 13

This Act shall enter into force on a date to be determined by Royal Decree.

14 Article 14

This Act may be cited as: Act on Formally Foreign Companies.