In this blog post, we'll explain the bill STAK. We'll discuss what a STAK is, its advantages, and what it means for you.
On July 20, 2023, the Dutch government introduced a bill for the implementation of a STAK, or a Collaboration of Future Shareholders. This bill aims to make it easier for groups of people to collectively start or invest in a company.
What is a STAK?
A STAK is a legal entity where individuals collaborate to launch or invest in a business. The STAK itself is not an entrepreneur but holds ownership of the company's shares. The members of the STAK are the owners of the company.
What are the advantages of a STAK?
A STAK offers several benefits for groups looking to start or invest in a company together:
Easier to start a business
The STAK simplifies the process for groups to start a business together. This is because the STAK is a legal entity and is not bound by the regulations for natural persons.
Lower costs
A STAK incurs lower costs compared to a traditional enterprise. This is because the STAK doesn't need its own bank account or staff.
More flexibility
A STAK provides more flexibility than a traditional enterprise. This is because it can be established and dissolved more easily.
What does the bill mean for you?
If you're interested in starting a business or investing in one, the bill STAK could be of interest to you. The bill makes it easier and more affordable to start or invest in a business collectively.
Examples of how the bill simplifies matters
A group of friends wants to start a restaurant together. In the current system, they would need to establish a partnership or a limited partnership, which is a time-consuming and expensive process. With a STAK, they can commence much faster and at a lower cost.
An investor wishes to finance a start-up. In the current system, the investor needs to receive a stock option in the start-up, which involves a complex process requiring legal expertise. With a STAK, the investor can easily purchase a stake in the STAK, which in turn acquires shares in the start-up.
Conclusion
The bill STAK offers several advantages for groups aiming to start or invest in a business. It simplifies, reduces costs, and enhances flexibility for collective business endeavors. Interested in establishing a STAK for your company? Schedule a call with our CEO to assess the pros and cons for your business.