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Naamloze vennootschap

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Title: Naamloze vennootschap  
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Language: English
Subject: Ahold, Exact (software company), Philips, Entity classification election, Aktieselskab
Collection: Types of Business Entity
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Naamloze vennootschap

Naamloze vennootschap (Dutch pronunciation: ; usually abbreviated N.V. or NV) is a public company, usually only used in the Netherlands, Belgium, Indonesia, 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).

The naamloze vennootschap is a legal entity in the Netherlands, Belgium, Aruba, Curaçao, Suriname, St. Maarten, and Indonesia, although in Indonesia the Indonesian translation Perseroan Terbatas (PT) is more commonly used.

See also

  • Aktiebolag (the corresponding concept in Sweden and Finland)
  • Aktiengesellschaft (the corresponding concept in Germany, Austria, and Switzerland)
  • Aktieselskab (the corresponding concept in Denmark)
  • Inc (Incorporated, the corresponding concept in US)
  • Osakeyhtiö (the corresponding concept in Finland)
  • Public limited company (the corresponding concept in the UK and Ireland)
  • S.A. (the corresponding concept in Latin America, Portugal, France, Spain, and other Romanic countries, also in Poland and Belgium)
  • Societas Europaea (for the corresponding concept for European companies in the European Union)
  • S.p.A (the corresponding concept in Italy—Società per Azioni)
  • Types of companies
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