Legal advice for problems with Holding BV

Questioner

I have a subsidiary with a partner and we both have a Holding BV. Now he is probably accused of improper management by the tax in his Holding. What are the consequences for the subsidiary and my own Holding?

Lawyer

If your partner and his personal holding company get into payment problems, this could also have an impact on the operating company. After all, the value that the shares of your partner hold in the operating company via his holding company belong to his assets. It is therefore essential that you keep yourself very well informed about how the settlement of the tax claim will proceed, so that you can take timely measures if something could harm the operating company. Perhaps measures can already be taken now to guarantee that you can continue with the company if things go wrong with your partner. A good combination of advice from accountant, tax specialist and lawyer is a must here and of course your partner must be willing to cooperate.