GlossaryPrivate_limited_company_(b.v.)

What means Private limited company (B.V.)?

A Private Limited Company (BV) is a legal entity primarily utilized by investors. The capital of a BV is divided into shares which are registered in the shareholders' names and cannot be freely traded. Key features include incorporation via a notarial deed, limited liability for shareholders up to the amount of their investment, an annual reporting requirement, and corporate tax obligations.