Insights

Stock Appreciation Rights, or SARs, allow Dutch companies to give employees, management or advisers economic upside without issuing actual shares. This article explains how SARs work, how they compare with shares, options and certificates, and which valuation, vesting, leaver, tax and Dutch BV implementation points should be addressed.

The Dutch venture capital and tech market entered 2025 with strong headline funding, but also with signs of greater selectivity. Based on Techleap’s State of Dutch Tech Report 2025, this insight looks at what founders, scale-ups and investors should take from the latest Dutch tech market data.

A vendor loan agreement determines how the seller receives the deferred part of the purchase price. This article explains interest, maturity, security, subordination, events of default and set-off against SPA claims.

Foreign investors in Dutch companies should understand the difference between one-tier and two-tier boards, and how board seats, reserved matters, investor rights and shareholder agreements work in Dutch BV governance.

Foreign investors in the Netherlands should understand the difference between a Dutch BV and NV. This article explains company form, governance, share transfers, investment rounds, M&A, VC and PE structuring.

A practical overview of Enterprise Chamber proceedings in Dutch shareholder and governance disputes, including inquiry proceedings, immediate measures and investor conflicts.

A practical overview of the Dutch banking duty of care and its relevance for companies, investors, acquisition financing and corporate disputes.

The Amsterdam Court of Appeal held that ABN AMRO Clearing Bank failed to comply with its obligations by blocking dividend-related trading activities despite prior arrangements. Dirk de Waard acted for the companies that were successful in the proceedings

Stock Appreciation Rights can help Dutch startups and scale-ups give employees, management and advisers economic upside without issuing actual shares. This article explains the benefits of SARs for founders, employers and investors, including flexibility, talent retention, a cleaner cap table, governance control and Dutch BV implementation.