The shareholders’ meeting can decide to reduce the subscribed capital by the cancellation of
share
The portion of registered capital of a private or public limited company
» Meer over share
shares (
share
The portion of registered capital of a private or public limited company
» Meer over share
stocks) or by reduction of the number of shares (stocks) by amendment of the
articles of association
A document, drawn up when a Dutch company or legal person is set up, and which regulates the operations of the company and defines its purpose.
» Meer over articles of association
Articles of Association. This is called capital depreciation. The decision must indicate to which shares (stocks) it relates to and the manner of implementation of the decision.
Subscribed capital is the capital of a Dutch limited company that is issued by the limited company and which is provided to the company by the shareholders. The shareholders have received shares (stocks) in return.