Knowledge Base


Welcome to the Expatax Knowledge Base containing hundreds of answers to questions we received about topics concerning tax, payroll, accounting, legal, business etc. related to the Netherlands. Search in our Knowledge Base or browse the different categories. Expatax is a Dutch tax and accounting firm specialized in assisting international workers, freelancers and companies. Don't hesitate to contact us if you need assistance or check our website.


What is a limited partnership (CV - Commanditaire Vennootschap)?

A limited partnership (CV) is a special form of the partnership under common firm (VOF).

There are two sorts of partners:

- active partners
- limited or sleeping partners.

The active partner is active as an entrepreneur. The sleeping partner stays in the background and tends to finance the business. He has much less authority and bears less risk. He is not allowed to act as active partner and his name cannot be used in the name of the partnership.

A limited partnership tends to develop from a sole trader or general partnership when a sleeping partner enters the business to provide extra finance for growth.

A partnership agreement is not compulsory, but is in fact essential. The agreement states the length of the limited partnership, the contribution, authority, profit share and the arrangements for resignation of the two sorts of partners. You can either ask a civil notary to draw up the contract or do it yourself using a model contract.

 
Attached Files
There are no attachments for this article.
Comments
There are no comments for this article. Be the first to post a comment.
Name
Email
Security Code Security Code
Related Articles RSS Feed
Which insurances may I need for my business?
Viewed 4273 times since Tue, Dec 6, 2011
Moving my company to the Netherlands
Viewed 3203 times since Thu, Apr 4, 2013
Which criterias do non EU-nationals have to fullfil in order to get a work permit or to open their own business?
Viewed 6474 times since Mon, Nov 28, 2011
What is important when I am looking for a business premises?
Viewed 5563 times since Sun, Nov 27, 2011
Can I choose a business name myself?
Viewed 2551 times since Sat, Nov 5, 2011
I am Japanese and want to set up a company in NL
Viewed 1499 times since Thu, Oct 22, 2015
I received a letter from Graydon after I registered my business. What does it say?
Viewed 1298 times since Wed, Sep 30, 2015
What is the procedure when I want to register my UK Limited Company in the Netherlands?
Viewed 6717 times since Thu, Feb 16, 2012
Can I set up a business while being employed?
Viewed 3233 times since Thu, Apr 17, 2014