THE DUTCH CARIBBEAN MEMBER-MANAGED COMPANY
No separate managing board
Until March 1, 2004, in the Netherlands Antilles only manager-managed companies existed. According to the current Corporate Act, the articles of association may provide that a company shall be a member-managed company, i.e. a company without a board of directors.
In a member-managed company, the shareholders (members) are in charge, including the company’s […]
Filed under: legal by Karel.Frielink
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