{"id":6917,"date":"2019-07-10T12:27:07","date_gmt":"2019-07-10T10:27:07","guid":{"rendered":"https:\/\/www.everestnotariaat.com\/criticisms-on-the-legislative-proposal-of-modernising-partnerships\/"},"modified":"2026-03-10T13:55:58","modified_gmt":"2026-03-10T13:55:58","slug":"criticisms-on-the-legislative-proposal-of-modernising-partnerships","status":"publish","type":"post","link":"https:\/\/everestnotariaat.com\/en\/criticisms-on-the-legislative-proposal-of-modernising-partnerships\/","title":{"rendered":"Criticisms on the Legislative proposal of modernising partnerships"},"content":{"rendered":"<div class=\"et_pb_section_0 et_pb_section et_section_regular et_block_section\"><div class=\"et_pb_row_0 et_pb_row et_block_row\"><div class=\"et_pb_column_0 et_pb_column et_pb_column_4_4 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_post_title_0 et_pb_post_title et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_title_container\"><h1 class=\"entry-title\">Criticisms on the Legislative proposal of modernising partnerships<\/h1><p class=\"et_pb_title_meta_container\"><span class=\"published\">10 July 2019 <\/span><\/p><\/div><\/div><div class=\"et_pb_text_0 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><p>Criticisms on the Legislative proposal of modernising partnerships<\/p>\n<\/div><\/div><\/div><\/div><div class=\"et_pb_row_1 et_pb_row et_block_row\"><div class=\"et_pb_column_1 et_pb_column et_pb_column_1_2 et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_image_0 et_pb_image et_pb_module et_block_module\"><\/div><div class=\"et_pb_text_1 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><p>'' The current legislation of partnerships law must be modernized\u201d. This statement is the opening of the advice of the Royal notarial Association (KNB) and the combined Commission company law (GCV) on the legislative proposal of modernising partnerships. This legislative proposal is given in consultation on February 21st, 2019. In a nutshell, the proposed law provides any private company to obtain legal personality. In order to obtain legal personality, it is not required to pass the notary nor register the company in the commercial register of the Chamber of Commerce. For a further explanation of the contents of the Legislative proposal, I refer to our previous blog of March 22nd, 2019. Although the KNB and the GCV recognize the need for modernisation of the law, they still have some comments regarding it.<\/p>\n<\/div><\/div><\/div><div class=\"et_pb_column_2 et_pb_column et_pb_column_1_2 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_2 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><p>The KNB encounters especially on the lack of notarial safeguards on the partnerships. According to the new rules of the Legislative proposal there is no longer a notarial deed required. Because of the lack of a notarial deed, the legal certainty and legal protection can not be guarenteed, according to the KNB. This will also make it more difficult to prevent fraud and abuse. The same is true in the cases of dissolution and liquidation of the partnership, a merger or Division and also the conversion of the partnership in another legal form.<br \/>\nIn the Legislative proposal the choice for registration in the commercial register of the Chamber of Commerce is left to the partnership. In case the partnership is not registered it can not obtain any registered property nor can occur as heir. The opinion of the GCV is that every company is required to register in the commercial register. Registration in the commercial register proves the exintence of the company and the method of representation of the company. In addition, a certificate of registration in the trade register is often needed in practice, for example when opening a bank account. Thereby it is, according to the GCV, not often to be expected that a company isn\u2019t registered. Mandatory registration is therefore a logical step.<\/p>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Criticisms on the Legislative proposal of modernising partnerships<\/p>\n","protected":false},"author":5,"featured_media":6661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"slim_seo":{"title":"Criticisms on the Legislative proposal of modernising partnerships - Everest Notariaat","description":"Criticisms on the Legislative proposal of modernising partnerships"},"footnotes":""},"categories":[],"tags":[],"class_list":["post-6917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/posts\/6917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/comments?post=6917"}],"version-history":[{"count":0,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/posts\/6917\/revisions"}],"wp:attachment":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/media?parent=6917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/categories?post=6917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/tags?post=6917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}