Social entrepreneurship to get more recognition

What changes?

Does your company have a social or societal goal? Regulations and playing field for businesses with a social goal are set to be improved. Social enterprsies can get a societal status in the form of a social private limited company (bv-m). This is not a different legal form, but a recognisable status for a private limited company.

Social enterprises play a part in in tackling societal issues in areas such as climate and energy, (health)care, education and safety both nationally as well as abroad.

Recognisable

As a bv-m social enterprises will be more recognisable. Especially for business relations it will be more clear that the company they are dealing with puts societal impact above profit.

The existing Social Entrepreneurship Code may become legislation.

For whom?

• social enterprises
• entrepreneurs wanting to do business with social enterprises

When?

It is not yet known when this measure will come into force.

Please note: The effective date of this measure is not yet final. Entry into force is subject to its passing through the upper and lower houses of parliament or proclamation of the Order in Council (Algemene Maatregel van Bestuur, AMvB) or ministerial decree and publication in the Staatsblad or Staatscourant (Government Gazette, in Dutch).