STAK is an abbreviation of Stichting Administratiekantoor. A STAK manages shares of a BV or NV and issues certificates that correspond with these shares. A STAK is used to keep the voting rights at the STAK and transfer the profit entitlement. In other words, this way you can give a person a right to profit without having to provide them with voting rights. The voting rights stay with the STAK and the profit entitlement goes to the other person, because they have a certificate of a share. The STAK receives the dividend and distributes this to the persons holding a certificate of a share. However, you can also choose to give your participants voting rights!
Amsterdam-based social enterprise Share Council, a FinTech startup focused on “closing the capital wealth gap by making every SME employee co-owner”, announced on Tuesday that it is proud to have raised over €1M in funding from The Sharing Group (known from MyWheels & Mijndomein) and a network of strategic angel investors. Share Council is build on the premise of “everyone a co-owner”, hence the last 100k of stock is now publicly coming available, see sharecouncil.co/invest
Read moreJust 5 Million EU employees own equity in the company they work for. This creates a staggering divide and it leaves Europe behind in the race for global talent.
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