Sole proprietor

Sole proprietor

If you run a business for your own account and risk, you are a sole proprietor. In that case there is no distinction between your company assets and your private assets.

Financial liability

A sole proprietor business has assets and debts. You are liable for the debts with all your assets. Creditors of a sole proprietor can recover directly from your private assets, and private creditors can recover from business assets.

Liability of the spouse

If you are married in community of property, your spouse can also lose his or her share in the joint assets, if the sole proprietor is held liable by creditors.

Incorporation

You are not obliged to incorporate the sole proprietor business with a civil-law notary, but it is to be recommended. He can think with you whether sole proprietorship is the best form. Or he can advise you to convert a possible community of property into a prenuptial agreement.

 

Request a quotation
9.1
1070 reviews

Do you have any questions

You can always call one of our specialists during office hours if you have a question. You can reach us at our telephone number (040) 244 88 55. Of course you could also contact us by sending us a message. We are happy to help you and advise you on the best solution for your personal situation.

mr. Jaap van Zwet

Reviews

1070 unique reviews are already placed by our customers!
9.1
Customer satisfaction is measured independently and objectively by The Feedback Company
celta bv. avbuel
Posted on 9 juni 2020
Experience

efficient vriendelijke en prettig

Acquired service

Ondernemers De onderneming

Would you recommend Marks Wachters notarissen?

Ja

Bing Berendsen
Posted on 18 mei 2020
Experience

Een super ervaring met goede fijne en persoonlijke begeleiding.

Acquired service

Ondernemers De onderneming

Would you recommend Marks Wachters notarissen?

Ja

Rick Snijder Digital Power
Posted on 14 mei 2020
Experience

Zeer prettig

Acquired service

Ondernemers De onderneming

Would you recommend Marks Wachters notarissen?

Ja