From 1 July 2011, a statement of no objection will no longer be required for the incorporation of a Dutch company or the amendment of its articles. The current system of preventive supervision has proven to be ineffective in countering misuse, and places an administrative burden on incorporators. It will be replaced by a system of continuous monitoring by the Ministry of Justice. Where possible, the Ministry will use electronic information already available (e.g. through the Trade Register) to prevent misuse of legal entities.