Guide to Doing Business
Conversion, merger & division of legal entities
The final chapter of Book 2 of the Civil Code BES deals with the possibilities of conversion (omzetting) (change of legal form), merger (fusie) and division (splitsing) of legal entities. In case of a merger, a foreign legal entity with a similar legal form may also act as the legal entity to merge or merge into.
The conversion into or from a foreign legal entity from or into a BES islands legal entity (a cross-border change of corporation form) is worth mentioning, as it replaces the transfer of registered seat and in principle applies to all legal entities.