Document background
The Operating Agreement For Corporation is a crucial document required when establishing or restructuring a corporation in the Netherlands. It serves as the primary internal governance document that complements the statutory requirements under Dutch law, particularly Book 2 of the Dutch Civil Code. This agreement is essential for both private limited companies (BV) and public limited companies (NV), providing detailed arrangements for corporate governance, shareholder relationships, and operational procedures. The document becomes particularly important when there are multiple shareholders, complex governance structures, or specific operational requirements that need to be clearly defined. It helps prevent future disputes by clearly outlining rights, responsibilities, and procedures while ensuring compliance with Dutch corporate law requirements.
