Xootle B.V. (Dutch Ltd) and Stichting Xootle Trust Foundation were officially founded through a notary in the Netherlands according to Dutch law.
They each have their own entity and are both situated in Zwolle.
100% = 15,000,000 shares
|12,000,000 certified shares, 100% profits, no voting rights|
|80% shareholder, Stichting Xootle Trust Foundation, 0% profits, voting rights|
|20% shareholder, Xootle Holding B.V., 3,000,000 shares, 100% profits, voting rights|
|Belastingdienst = TAX Authority
|Chamber Of Commerce
|Ministry of Justice
|Ministry of Finance
|AFM = Authority Financial Market
|ACM = Authority Consumer & Market
In the Netherlands a certificate holder is anonymous to the outside world. This means that Xootle B.V. or Stichting Xootle Trust Foundation will not publish or share the identity of the certificate holders. With the exception when the Dutch government comes with a legal order to share this information. The certificate register is not connected to the internet.
UBO stands for Ultimate Beneficial Owner. In the case of a Dutch primary entity buying more than 25% of all certificates, the entity needs to register at the UBO register. UBOs of foreign companies are not included in the register. The same applies to legal entities with a principal or secondary place of business in the Netherlands. They will have to comply with the regulations in the country where they are incorporated.
All crypto payments, will be converted to the stable coin USDC.
All FIAT payments will be converted to euros.
On December 31st the value of the USDC income is calculated. The value is converted to the exchange rate of the Euro against the USD.
To determine the exchange rate, a EUR-USD exchange rate is requested from 6 continents on 31st December GMT 00.00. These rates are added together and divided by 6. This creates an average rate which is used in the calculation. The converted value in Euros plus the income received in Euros together form the turnover of Xootle B.V. on December 31st as reported to the tax authorities.
Banking accounts outside the SEPA zone: USDC or ADA.
Banking accounts inside the SEPA zone: EUR, USDC or ADA.
As soon as a stable and reliable Euro coin is available, we will use this coin to minimize currency fluctuations.
More payout options will become available.
Making money = Pay (income) TAX in YOUR country. Always consult your TAX adviser.
Xootle B.V. is a Dutch company and Stichting Xootle Trust Foundation is a Dutch foundation. Therefore, the rules and law in the Netherlands and no other rules and law, apply to you (the buyer), Xootle B.V. and Stichting Xootle Trust Foundation; and nowhere else.
It is of course possible that you (the buyer) are living, working and doing business in another country other than in the Netherlands, where local rules and legislation apply other than those of the Netherlands. Most probably those rules are based on common sense and logic; i.e. when A is promised, than A should be delivered. If delivery cannot be executed, then an equal product or service must be delivered or reimbursement is in order.
But sometimes lawyers, private persons or companies are just intent on making a case to be able to generate hours that can be claimed and are billable. And sometimes the reason for being in the media is because of free advertising. Xootle cannot and will not tolerate this kind of behavior because this has nothing to do with conducting business openly and honestly.
Therefore, if you would like to invest in our SCCO, software usage and development, commissions from booking sites, sales of payment systems and our company, it must be understood that we will do our best to keep our promises. We also like making money which means that we are all aiming for the same goal.
Buying Xootles and/or a certificate, is a 100% transaction and property-value in the Netherlands and not, for example, in the country you are a resident of. A certificate gives you the right to get Xootle B.V. profits however a certificate does not give you meeting and voting rights. See also chapter: Xootle certificates explained.
To be quite clear: Do not buy Xootle coins (tokens) or Xootle certificates if you:
As with any purchase or investment, there are risks.
The following external causes, which may occur outside Xootle B.V., may cause Xootle B.V. services to cease to function in part or to be completely non-functional.
As a result of these causes, it is possible that Xootle B.V. is no longer viable and your investment may be lost.
It is possible that if you wish to sell your Xootles or a Xootle certificate, you will not be able to do so or will only be able to do so if you make a loss on the sale of your Xootles and/or Xootle certificates. Xootles and Xootle certificates are not taken back by Xootle B.V. However, during certain sales periods you can exchange Xootles for Xootle certificates.
In order to reduce risks, Xootle B.V. has a leading corporate culture.