Transfer of shares: how does it work under Dutch law?

After a number of years, a shareholder may leave the private limited company, or a new shareholder may join. The transfer of shares always goes through a Dutch notary. If you arrange this through FIRM24, fortunately you do not have to physically visit the notary. Besides the notarial transfer of shares, parties can also draw up a purchase agreement for the transfer. This is a contract you can enter prior to delivery, to set out things like warranties and payment arrangements. The shares do not actually transfer to the buyer’s name until the notarial transfer of shares has been completed. Even though the notary will ensure that everything runs smoothly, it is also important for you, as an entrepreneur, to have a basic knowledge of all the steps required for a proper transfer of shares.