A limited liability company (NV) is a legal entity and its registered capital is in principle divided into freely transferable shares.
A limited liability company is a "limited liability company" because the NV company is not required to keep the register of shareholders. The partners are still out of the picture, they are anonymous. NV is the most suitable company if the partners do not need to know each other. If the shares are bearer shares, even the company or management may not know all the partners or shareholders. Limited liability and legal personality are logically linked to this anonymity.