A Limited Liability Company (LLC) is referred to as a Naamloze Vennootschap (N.V.) in Dutch.

The N.V. is incorporated by notarial deed executed by one or more incorporators before a civil law Notary in St. Maarten. This notarial deed of incorporation constitutes the definitive statutes and regulations governing the company and conduct of its affairs. Those statutes and regulations are generally referred to as the articles of association.

Once incorporated, the N.V. must be registered with the Commercial Registry of the Chamber of Commerce and Industry. Details to be filed include the object of the N.V., its share capital (if any) and the particulars of the managing directors(s), supervisory director(s) (if any) and possible attorneys-in-fact acting under general powers of attorney (procuratiehouders). There is no requirement to disclose the identity of shareholders.

Since the new corporate law of 2020, it is no longer possible to issue or convert into bearer shares, and it is possible to issue a share certificate.

Click here to see a brief overview on an N.V.