Netherlands Company Formation

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Netherlands

Company Formation and Related Services

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Buying a European shelf company with VAT number

Whenever you need to start doing business immediately in a European country and you need a company with a VAT number, you don’t have to wait for the bureaucratic procedures.

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Partner Law Firms

We encourage you to contact our partner law firms in Bucharest: Rolegal and E&C, both part of our legal network.

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Tax Minimization Structures

BridgeWest is specialized in special corporate structures designed for tax minimization. No matter where you want to incorporate your company, you will need to consider how you can legally minimize costs.

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Power of Attorney in The Netherlands

October 15, 2011, 10:33 pm
BridgeWest

A power of attorney in the Netherlands allows a person to empower another individual to act for them. A Dutch power of attorney can be given expressly of tacitly, according to the Civil Code in the Netherlands. A general power of attorney in Holland does not extend to acts of disposition, unless it is stipulated so in the document. A general power of attorney in the Netherlands applies to general affairs, while a special power of attorney in Holland is granted for specific purposes in terms of administration and disposition.

The representative must show the Dutch power of attorney to a third party, since they are entitled to know the role of the attorney. However, if the third party has already been informed in a previous meeting or by a previous document, the presentation of the Dutch power of attorney is not necessary anymore.

When it comes to the termination of a power of attorney in the Netherlands, the document validity ends only upon the death of the grantor or of the attorney, appointment of a guardian or bankruptcy. Also, the power of attorney in Holland comes to an end by the donor’s revocation or by the renunciation of the attorney. There is however the possibility to issue an irrevocable power of attorney in the Netherlands or to mention that the power of attorney does not end upon the death of any of the parties.

After the termination of the power of attorney in the Netherlands, the attorney may be asked to return the documents that prove the existence of a power of attorney. In the case that the power of attorney in Holland was granted by notarial instrument, the grantor may go to the public notary and ask for the original documents, where the Dutch notary might have to write about the power of attorney.

If the power of attorney in the Netherlands does not stipulate otherwise, then the attorney might transfer his power to another person only if he has legal power to delegate another individual and if the transfer is necessary to the best interest of the main donor. However, the grantor should be announced about the changes operated under his power of attorney. Therefore, an attorney might grant another power of attorney only to the extent that any of the parties benefit from the transfer. 

BridgeWest can assist you  setting up a Dutch Company, including virtual office and other related services.




Open Business in Netherlands
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Company Formation in Netherlands

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BridgeWest provides a wide range of legal services in The Netherlands through our affiliated Dutch lawyers and Law Firms in Amsterdam, Rotterdam and other major cities in The Netherlands. We are main ... [More]