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ARTICLE · 17 OCTOBER 2011

Corporate Newsletter - October 2011

De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek
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De Brauw Blackstone Westbroek

De Brauw Blackstone Westbroek

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A bill easing a number of reporting and documentation requirements for certain mergers and divisions came into force on 1 July 2011. The bill implements EU Directive 2009/10/EC.

NetherlandsCorporate/Commercial Law

NEW LEGISLATION

Easing of reporting and documentation requirements for certain mergers and divisions

A bill easing a number of reporting and documentation requirements for certain mergers and divisions came into force on 1 July 2011. The bill implements EU Directive 2009/10/EC.

Another bill, also aimed at reducing the administrative burden on companies, came into effect on the same date. Companies can now place a merger or division proposal on the website of the Chamber of Commerce as an alternative to filing documents with the Trade Register of the Chamber of Commerce.

PENDING BILLS

Bill amending corporate inquiry law – access tightened

A bill has been submitted to the Second Chamber of the Dutch Parliament amending the corporate inquiry procedure before the Enterprise Chamber of the Amsterdam Court of Appeal.

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