Establishment and formation of SOVs

Supported by our longstanding experience in advising authorities and our extensive knowledge of company law rules, we are uniquely positioned to provide advice on the formation of SOVs. We know the terms in depth, we are trained at clarifying whether the SOV corporate form is suitable for your purposes, and we can help you draft the documents required.

An independent public enterprise (SOV) may be a suitable corporate form when the government handles regulatory tasks in areas in which it may also carry on business. However, the decision to establish an SOV requires thorough deliberation, including in relation to the tasks to be discharged by the SOV and in relation to the regulatory framework applicable to the SOV’s operations. Moreover, establishing an SOV requires competent legal legwork.

We help you get started with the statutory framework and governance documents

Our advisory services often begin with helping you clarify whether the SOV corporate form is suitable for your purposes, in particular in relation to the portfolio of tasks and the rules applicable to the SOV’s operations.

Next, we assist with drafting bills and executive orders. This applies irrespective of whether you establish, convert or modernise an SOV.
We also help draft corporate documents to ensure the proper framework for the SOV’s operations and direction.

From foundation to viable SOV

We have longstanding experience in advising SOVs and ministry owners. We always solve the task by applying the skills that are relevant and necessary for the specific case at hand – always adapted to your needs and requirements. We leverage our extensive knowledge of company law and draw on Kammeradvokaten / Poul Schmith’s specialists in other relevant fields

to ensure that we have a solid and competent foundation in place to:

• Provide advice on the pros and cons of the SOV corporate form in relation to tasks and regulatory options
• Establish, register and convert an SOV from other entities such as public limited companies and independent public administrative bodies
• Prepare statutory frameworks such as bills and executive orders
• Prepare articles of association, rules of procedure for the Board of Directors and instructions to the Executive Board
• Prepare policies, guidelines and programmes for compliance

You can read more about our advisory services on the page Day-to-day operation of SOVs.

Contact our SOV team

Do you need advice on establishing an SOV? We help you sort out the difficult legal issues, cooperating with all of Kammeradvokaten / Poul Schmith’s other specialists if and when required, including specialists on company law, finance law, public law, state aid law and procurement law. This ensures that you always get the best advice.