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| Ministry
of Justice speeds up procedure for Dutch legal entity 'BV' or 'NV' |
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| All public notaries in the Netherlands
can now electronically apply for a statement of 'no-objection' at
the ministry of Justice. Such a statement is necessary when founding
a Dutch legal entity 'BV' or 'NV' (Co. Ltd. or Corporation). The electronic
application reduces the average waiting time from several weeks to
48 hours. This new system was developed together by the 'notary association'
and the ministry of Justice. The new system is fast and safe. In case
no further investigation is necessary, the ministry will inform the
notary within 48 hours that the statement is issued and an original
will be sent by mail. This new system, with faster response, will
also benefit Chinese businesses that want to establish a Dutch legal
entity. |
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| Hong
Kong and the Netherlands sign Technology MOU |
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On April 9, Hong Kong and the Netherlands
signed a Memorandum of Understanding (MOU) on co-operation in information
technology, information services and telecommunications. The MOU was
signed by Mr Mark Frequin, Director-General of Telecommunications
and Post, representing the Ministry of Transport, Public Works and
Water Management of the Netherlands, and Mr Alan Siu, Deputy Secretary
for Information Technology and Broadcasting, representing the Hong
Kong Special Administrative Region.
The MOU envisages a wide range of co-operative activities between
the two places, ranging from commercial and industrial exchanges to
investment and technology partnerships, and from exchange of information
on policy and regulatory framework to promoting business collaboration,
said Mr Siu and added: "Through this co-operative framework,
both Hong Kong and the Netherlands can build on each other's strength
to enhance the development of IT and telecommunications in both places,
and create new business opportunities for each other's industry." |
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