Legal Person
Tags: bv, gemeente, legal entity under private law, legal person, municipality, natural person, natuurlijk persoon, privaatrechtelijke rechtspersoon, province, provincie, public legal entity, publiekrechtelijke rechtspersoon, rechtspersoon, rechtssubject, stichting.
The legal nature of a so-called legal person was created to allow organizations to participate in legal transactions as a legal subject. Therefore, a legal person is a bearer of rights and obligations. A legal person is, however, also a natural person.
Types of Legal Persons
Different types of legal persons can be distinguished. For example, there are legal entities under public law, such as the municipality and the provinces. There are, however, also legal persons under private law, such as the foundation and the B.V.
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