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Maatschappelijke BV (BVm)

English translation: Leave it in Dutch

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:Maatschappelijke BV (BVm)
English translation:Leave it in Dutch
Entered by: Willemina Hagenauw

15:23 Dec 15, 2022
Dutch to English translations [PRO]
Bus/Financial - Business/Commerce (general) / BV vormen
Dutch term or phrase: Maatschappelijke BV (BVm)
I came across this in a document and googled it and found that the translation "social enterprise" is not favoured, according to this: De nieuwe ‘sociale’ onderneming zal de naam: maatschappelijk BV (BVM) krijgen in tegenstelling tot de optie: sociale BV. Er zijn namelijk enkele bezwaren aan de naam Sociale BV. Allereerst doet het teveel denken aan de letterlijke vertaling van de Engelse ‘social enterprise’. Hierdoor kan de illusie ontstaan dat de onderneming zich inzet voor mensen met een afstand tot de arbeidsmarkt, echter dat is een te beperkte interpretatie (zie definitie KPMG).

So would anyone have a better suggestion?
Willemina Hagenauw
Local time: 18:18
Leave it in Dutch
Explanation:
If you translate it, you'll render the whole paragraph meaningless. You could add a note saying that 'maatschappelijk' and 'sociaal' both have the same translation, and explaining what BV means.
Selected response from:

philgoddard
United States
Grading comment
Many thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2Leave it in Dutch
philgoddard
Summary of reference entries provided
Refs
Kitty Brussaard

  

Answers


8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
Leave it in Dutch


Explanation:
If you translate it, you'll render the whole paragraph meaningless. You could add a note saying that 'maatschappelijk' and 'sociaal' both have the same translation, and explaining what BV means.

philgoddard
United States
Specializes in field
Native speaker of: English
PRO pts in category: 47
Grading comment
Many thanks!
Notes to answerer
Asker: I think you are absolutely right. I was toying with that idea but wanted to know if any whizz kid out there had a better idea or had come across it in translation. I refert to Dutch with explanation in brackets.


Peer comments on this answer (and responses from the answerer)
agree  Kitty Brussaard: See also my refs for possible workarounds.
19 hrs
agree  Cillie Swart: Yes Definitely. Thanks !!
2 days 3 hrs
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Reference comments


19 hrs peer agreement (net): +1
Reference: Refs

Reference information:
n July 2020, the Dutch government announced its plans to introduce the BVm (maatschappelijke BV) in Dutch corporate law – see our previous In Context article. The BVm is a new type of private limited liability company for social entrepreneurs active in addressing societal issues. The new type of legal entity will make it easier to identify companies with a positive impact on society. This will in turn help social enterprises and stakeholders connect and do business with each other.
https://www.debrauw.com/articles/consultation-launched-on-ne...

Moreover, there is also a lot of confusion concerning social enterprises in the Netherlands. Indeed, there is no specific legal form or policy framework for these initiatives yet, though the Dutch government announced in July 2020 that it intends to establish a legal form and framework for what it calls the “social limited-liability company” (maatschappelijke BV, or BVm).
https://www.researchgate.net/publication/350469757_Social_En...

Kitty Brussaard
Netherlands
Specializes in field
Native speaker of: Native in DutchDutch
PRO pts in category: 84
Note to reference poster
Asker: Thank you Kitty!


Peer comments on this reference comment (and responses from the reference poster)
agree  Barend van Zadelhoff: The real answer. ;-)
3 hrs
  -> Thank you :-).
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