Independent Public Enterprises (SOVs)

The use of SOVs as an organisational structure has increased in recent years. The special combination of company law and public organisation with the minister as sole owner and supervisory authority requires a solid framework for the exercise of state ownership. An SOV is characterised as being a hybrid between an enterprise and a public authority. This means that SOVs exist in the field between private and public law. For this reason, SOVs will generally be comprised by company law rules as regards their operations, while at the same time being comprised by public law rules as regards any regulatory tasks they discharge.

From establishment to day-to-day operation of SOVs

We provide advice on all legal issues and phases related to SOVs. From the very moment you begin contemplating the establishment of an SOV to the moment you need a statutory framework and help to draft corporate documents. We also provide assistance with legal issues arising in connection with the day-to-day operation of your SOV.

We ensure a solid legal basis for your SOV

We help you with all the difficult questions related to SOVs. Our advisory services include:

• Initial deliberations concerning establishment of an SOV
• Procurement of statutory framework
• Drafting of corporate documents
• Relationship between owner, board and management
• Framework for operating the SOV

If and when required, we cooperate with all of our other specialists, including in the fields of company law, finance law, public law, state aid law, procurement law and M&A.

You can read more about the establishment, formation and day-to-day operation of SOVs below.

Choose the best SOV advisors

Do you need legal advice related to the establishment or operation of SOVs? Contact our team of specialists and let us see how we may best help you.