US fund managers ( USFMs ) regularly set up an office in Europe to accommodate European deal sourcing, European capital raising and/or to manage their European asset acquisition vehicles. As the Netherlands offers an attractive legal and social environment, it is usually on the shortlist of jurisdictions for setting up such office.

When USFMs hire employees in the Netherlands, awareness of Dutch employment law is critical because it differs substantially from US employment law. Below we highlight several important Dutch rules. Written employment agreements are standard and recommended. Employment agreements may be concluded for a fixed or indefinite term. Concluding consecutive employment agreements for a fixed term is restricted.

Depending on the term, a trial period of maximum 1 or 2

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