Provada

A Provada is a cooperative association with limited liability, registered with the Dutch trade register. It functions as a vehicle for joint real estate development, allowing multiple stakeholders—such as developers, landowners, and investors—to collaborate while sharing both risks and financial returns.

Key features include member governance through assemblies, profit distribution proportional to membership stakes, and liability capped at individual contributions. This structure is preferred in complex property transactions where coordinated ownership, clear risk allocation, and tax efficiency are priorities.