NEW CIVIL CODE SURINAME

A historic and monumental decision The National Assembly, Suriname’s parliament, passed the proposals for a new Civil Code (and related laws) on Tuesday, August 13, 2024. This project has been worked on for years. These are the laws that will enter into force in the near future: As for the new Surinamese law of legal… Continue reading NEW CIVIL CODE SURINAME

THE DUTCH CARIBBEAN PRIVATE FOUNDATION AND ITS SUPERVISORY DIRECTORS

Only natural persons may be appointed The articles of incorporation of a Private Foundation (PF) may provide, if so desired, that the authority of the board to make distributions is subject to the consent of the founder, a Supervisory Board or another body established within the PF e.g. an Advisory Board. It should be noted… Continue reading THE DUTCH CARIBBEAN PRIVATE FOUNDATION AND ITS SUPERVISORY DIRECTORS