Reinier advises national and international companies
reinier.russell@russell.nl +31 20 301 55 55
The Netherlands is the gateway to Western Europe, has excellent logistics, a highly skilled, multilingual workforce and favorable tax regulations. How do you set up a company in this perfect business environment for foreign entrepreneurs? Reinier W.L. Russell, Esq., managing partner at Russell Advocaten, explains in his contribution to the Fall Issue of Paradigm, the journal of Primerus.
Under the Money Laundering and Terrorist Financing (Prevention) Act (Wwft), banks may be obliged to refuse a customer or terminate their relationship with them. This can also happen to charities. When is a bank permitted to terminate the relationship? And must a customer cooperate with a bank’s investigation?
The Transparency and Countering Undermining by Civil Society Organisations Act (Wtmo) imposed a number of new obligations on charities in the Netherlands. However, the Act has been rejected by the Dutch Senate on 24 March 2026 and will not enter into force.
Statutory directors enjoy less protection against dismissal, but there must still be reasonable grounds for the dismissal. Otherwise, the employer must pay fair compensation. This can be substantial, as a recent ruling has shown. Why was the employer required to pay this compensation?
Reinier W.L. Russell, LL.M. has published an article on The benefits of a works council for entrepreneurs in the “Off the record” section of Primerus Weekly on March 3, 2026. Below you will find the text of this article.
On 16 December 2025, the House of Representatives of the Netherlands adopted the Digital General Meeting for Private Law Legal Entities Act. This Act makes it possible to hold general meetings entirely digitally. What does this mean for directors and shareholders of private limited companies, public limited companies and other legal entities?
When can directors be held personally liable? What can directors do to prevent being held personally liable?
