The UBO register: register and avoid penalties
As of Sept. 27, 2020, companies are required to register their owners or those who have ultimate control in the so-called UBO register. This is the result of European rules. The purpose of the register is to combat financial-economic crime, such as money laundering, corruption or fraud. Because the data is partly public, individuals and […]
New legislation should make housing market more accessible
The cabinet plans to make the housing market more accessible to first-time buyers and middle-income earners. To this end, Minister Kajsa Ollongren (of the Interior) is preparing new laws and regulations. One of the spearheads is that the annual rent increase for the free “liberalized” sector will be restricted. The minister is also coming up […]
The revised Posting of Workers Directive: what does it mean for you?
Since the entry into force of the first Posting of Workers Directive in 1996, the situation in the European labor market has changed considerably. One of the consequences of this change is that the wage differential between different member states has increased. This can result in unfair competition on labor costs and working conditions. For […]
Ban on pledge prohibitions
On May 29, 2020, the “Bill to Lift Pledge Bans” was submitted to the House of Representatives. What does the proposal entail and what is the rationale behind it? In this contribution, we update you. Corporate financeability Based on freedom of contract, parties can agree with each other on the assignability or pledgeability of claims. […]
Webinar ‘Reorganizing in 60 minutes’
Due to the current crisis, many companies will have to reorganize. How do you handle that? What requirements does the UWV make? Do you need to consult with the works council or unions? Are you obliged to draw up a social plan? How much time does it take? What does it cost? What does it […]
Webinar | Corona on the construction site – the implications for construction and real estate
On June 24, 2020, the webinar “Corona on the Construction Site” took place live. You can now watch the webinar back. The effects of the coronavirus outbreak are also increasingly being felt in the construction and real estate industries. Despite government measures, work is often still possible. As a result, contractors do face rising costs […]
NOW 2.0: how to move forward?
Starting July 6, 2020, business owners who expect at least a 20% loss of sales can apply for wage relief under the NOW 2.0 for the months of June, July August and September. The NOW 2.0 is not just an extension of the first version of the NOW, but includes several changes. This was necessary […]
Corona and reduction of alimony obligation: first case law
On May 27, 2020, an initial ruling was issued by the Hague Court of Appeal regarding the impact of the Corona crisis on an alimony obligation. It had been argued by the alimony obligor that due to the Corona crisis the turnover of his B.V. had completely disappeared. This led to acute financial problems. The […]
Coronavirus and its (possible) impact on child support obligation
The coronavirus outbreak has a major impact on the operations of businesses. The economic impact is unprecedented, a recession is unavoidable and will likely have a greater impact than the 2008 credit crisis. Many entrepreneurs, self-employed persons and employees are facing declining sales/revenues, which will cause them financial problems. The result may be that the […]
The boundary of the facility: a watershed
To determine where what environmental regulations apply, the term “establishment” is used. The ‘establishment’ is in fact the location where the business activities take place. It is important to know where the boundaries of the establishment are, because otherwise the impact of the activities on the environment cannot be properly determined. An application for an […]