what does b v stand for netherlands?
<answer> 'Besloten Venootschap' which means a pivate limited liability company. <context> exists and is an alternate of . B.V. refers to the legal status of a company in the Netherlands. It is an abbreviation for 'Besloten Venootschap' which means a pivate limited liability company. Basically it means the company is controlled by shareholders, but shares cannot be freely traded and each share is privately registered.