The mechanism in one paragraph
Shares of the family holding transfer to a foundation (stichting administratiekantoor); the foundation issues certificates one-for-one to family members. From that moment the foundation’s board — composed by you — exercises every vote, while dividends and value flow through to certificate holders untouched. Control concentrated, wealth distributed: the deeper mechanics: the technical page.
What families actually do with it
Succession by instalments: gift certificates to children on the yearly calendar while the founder keeps the boardroom — ownership transfers a decade before power does. Employee participation: the same trick pools staff certificates with a clean cap table: the comparison. Branch peace: three family branches, three certificate blocks, one board — disagreements become governance instead of deadlock.
Tax and reversibility
Certification is tax-transparent in design: certificate holders are treated as the economic owners, so the move itself triggers zero taxation when structured to standard conditions. And it reverses: decertification follows the rules you wrote into the conditions — control returns, or transfers, by blueprint: where the STAK sits among Europe’s foundations.