New Credit Information Act - changes in relation to sole proprietorships (ENK)

01 jun 2022

Important information to our customers

A new Credit Information Act has been passed and will enter into force on the 1st of July 2022. In the new law, all sole proprietorships are defined as "natural persons" and are equated with all private individuals in a credit assessment.

  • All credit information retrieved on sole proprietorships will generate the sending of letters of notification.
  • Credit monitoring of sole proprietorships will no longer be possible.
  • All sole proprietorships that are currently being monitored will receive alternative solutions.

Previously, this has been limited to sole proprietorships which are only registered in the Central Coordinating Register for Legal Entities.

In total we have approximately 429,000 sole proprietorships divided into 348,000 placed in the Register of Legal Entities and 81,000 placed in the Register of Business Enterprises.

Changes under the new law will be made
during weeks 26 and 27.

For the sake of clarity, we also wish to remind you that the requirement for objective needs is maintained in any form of credit assessment, along with the requirement for a basis for treatment in Article 6 of the GDPR for natural persons.

You can read more about the new law and regulations at

Or at