For entrepreneurs passing on their life's work to the next generation, retaining control over the business is often a crucial consideration. A Stichting Administratiekantoor (STAK) offers an excellent solution to maintain control, even when shares are transferred to successors or other stakeholders. In this blog post, we'll delve deeper into how an STAK can assist in retaining control in your business during share transfer.

Separation of Legal and Economic Ownership

An STAK allows the transfer of legal ownership of shares to the STAK, while the economic ownership remains with the founder(s) or other stakeholders. This means the STAK holds formal ownership of the shares, yet the economic benefits and control remain with those who built the business.

Retention of Decision-Making Authority

By placing shares under an STAK, the founder or original owner retains decision-making authority over the business. They can still make strategic decisions and steer the company's direction, even if they no longer possess the legal ownership of the shares.

Succession Planning and Continuity

An STAK serves as an excellent tool for succession planning. It facilitates the transfer of shares to the next generation or other stakeholders while allowing the original owner to remain involved in the business, ensuring a smooth transition and guaranteeing business continuity.

Protection Against External Influences

An STAK can act as a protective barrier against external influences. For instance, it prevents control of the business from falling into the hands of external parties with potentially differing interests, providing an additional layer of protection for the founder(s) and the business itself.

Flexibility in Structure and Policies

An STAK's statutes can be tailored to the specific needs and desires of the founder(s) and stakeholders, enabling customization and the establishment of arrangements that govern control and involvement according to their preferences.

Conclusion

A Stichting Administratiekantoor (STAK) is a potent tool for entrepreneurs aiming to retain control and authority over their business, even post-share transfer. Through the separation of legal and economic ownership, an STAK empowers the ability to make strategic decisions and steer the company's course. To explore what suits your company's specific needs and goals, a brief call with our CEO can provide valuable insights. Schedule one now to discover what it can mean for your business.