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Naamloze vennootschap (Dutch pronunciation: [ˈnaːmloːzə ˈvɛnoːtsxɑp] ; correctly abbreviated nv, however, often abbreviated N.V. or NV) is a type of public company defined by business law in the Netherlands, Belgium, Indonesia (where it is known as perseroan terbatas, correctly abbreviated PT, however often abbreviated PT. or P.T. and allows for private companies), and Suriname. The company is owned by shareholders, and the company's shares are not registered to certain owners, so that they may be traded on the public stock market.
The phrase literally means "nameless partnership" or "anonymous venture" and comes from the fact that the partners (the shareholders) are not directly known. This is in contrast to the term for a private limited company, which is called besloten vennootschap (an "exclusive" or "closed partnership", one in which stock is not for sale on open markets).
Each naamloze vennootschap is a legal entity in the Netherlands, Belgium, Aruba, Curaçao, Suriname, St. Maarten, and Indonesia.
S.A. or SA designates a type of public company in certain countries, most of which have a Romance language as its official language and employ civil law. Depending on language, it means anonymous company, anonymous partnership, share company, or joint-stock company, roughly equivalent to public limited company in United Kingdom company law and a public company in United States corporate law. It is different from partnerships and private limited companies.
De Nederlandsche Bank NV (DNB) is the central bank of the Netherlands. Founded by King William I in 1814, it is part of the European System of Central Banks (ESCB). De Nederlandsche Bank is a public limited company whose every day policy is overseen by the Governing Board. Being an NV, DNB has a Supervisory Board.
A Gesellschaft mit beschränkter Haftung, meaning "company with limited liability", is a type of legal entity very common in Germany, Austria, Switzerland and Liechtenstein. It is an entity broadly equivalent with the private limited company in the United Kingdom and many Commonwealth countries, and the limited liability company (LLC) in the United States. The name of the GmbH form emphasizes the fact that the owners of the entity are not personally liable or credible for the company's debts. GmbHs are considered legal persons under German, Swiss and Austrian law. Other variations include mbH, and gGmbH for non-profit companies.
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares. Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.
Incorporation is the formation of a new corporation. The corporation may be a business, a nonprofit organization, sports club, or a government of a new city or town.
A joint venture is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging markets; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. Work by Reuer and Leibliin challenged the claim that joint ventures minimize downside risk.
Naamloze Vennootschap Margarine Unie was a Dutch company formed in 1927 in Rotterdam by the merger of four margarine companies, Antoon Jurgens United, Van den Bergh's, Centra, and Schicht's. Margarine Unie was the dominant producer of margarine in the UK.
A private limited company is a type of business entity in "private" ownership used in many jurisdictions, in contrast to "public" ownership, with some differences from country to country. Examples include LLC in the United States, private company limited by shares in the United Kingdom, GmbH in Germany, société à responsabilité limitée in France or sociedad de responsabilidad limitada in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liabilities and depending on each one’s point of view this next point could either be a benefit or a disadvantage. Shares can only be sold to shareholders in the business that means that it can be difficult to liquidate them.
Aktiengesellschaft is a German word for a corporation limited by share ownership whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland, and South Tyrol for companies incorporated there. It is also used in Luxembourg, although the equivalent French language term société anonyme is more common. In the United Kingdom, the equivalent term is "PLC" and in the United States while the terms "incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company".
The National Bank of Belgium has been the central bank of Belgium since 1850. The National Bank of Belgium was established with 100% private capital by a law of 5 May 1850 as a naamloze vennootschap (NV). It is a member of the European System of Central Banks.
A privately held company, private company, or close corporation is a corporation that is not owned by the government, non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public on the stock market exchanges, but rather the company's stock is offered, owned and traded or exchanged privately or over-the-counter. More ambiguous terms for a privately held company are closely held corporation, unquoted company, and unlisted company.
Aktieselskab is the Danish name for a stock-based corporation. An aktieselskab may be either publicly traded or private.
A besloten vennootschap, or Société à responsabilité limitée (SRL), is the Dutch and Belgian version of a private limited liability company. The company is owned by shareholders, and the company’s shares are privately registered and not freely transferable. It is the most common form of limited company in the Netherlands and Belgium.
A European Private Company is a legal form for a limited liability company that is being proposed by the European Commission to be introduced across the European Union. It forms a company of limited liability, similar to the English limited company, the Austrian or the German GmbH, the Dutch BV, the Belgian BVBA or the French SARL. The aim of the proposal is to remove the current need for limited companies to reincorporate themselves in the corresponding legal form in all the EU member countries in which they want to trade, which represents a substantial administrative burden for small and medium enterprises. It was proposed that the SPE company form be introduced across the EU and EEA area from July 2010. The SPE was finally set to arrive in 2011 and is being slowed by the current ruling parties of Germany (CDU) to allow their own national alternative to grow first. The SPE could facilitate starting new businesses and European Integration and would thus help small businesses and entrepreneurs due to manageable capital requirements not too dissimilar to the British limited company (Ltd).
For United States income tax purposes, a business entity may elect to be treated either as a corporation or as other than a corporation. This entity classification election is made by filing Internal Revenue Service Form 8832. Absent filing the form, a default classification applies. U.S. corporations of the type that can be publicly traded must be treated as corporations. There is a list of specific foreign entities that must be treated as corporations. The election is effective for Federal income tax purposes.
AFC Ajax NV is mostly known as a football club. Since 17 May 1998 the club is registered as a Naamloze vennootschap (N.V.) listed on the stock exchange Euronext Amsterdam. As a company the club strives to make a profit through ticket sales, as well as through income accumulated by competing in National, Continental as well as Global football. Half of the revenue is generated through club merchandise, advertising, and income from selling broadcasting rights.
Mediq is a Dutch health care company, which provides pharmaceuticals and medical supplies, by operating apothecaries and by delivering to medical centres and patients. The company is active in 15 countries and in 2012 had a revenue of €2.61 billion. Since 2013 it has been owned by Advent International.
In Indonesia, state-owned enterprises play an important role in the national economy. Their roles includes contributor for national economy growth, providing goods or services which are not covered by private company, employment provider, providing support guidance to small and medium businessess, and source of government revenue. The Ministry of State Owned Enterprises represents the government's function as a shareholder of those companies.
August Maschmeijer Jr. was an organic chemist.