Since the late seventeenth century, trust offices (administratiekantoren) that repackage securities have been a central institution in Dutch finance. Their basic form and functioning have remained largely the same, but over time, the repackaging has come to serve different purposes. Originally set up for administrative convenience, they helped to create liquidity, notably for foreign securities. From the 1930s, their primary purpose became to shield directors of large corporations from shareholder influence and hostile takeover threats. Subsequently, the trust offices evolved from general-purpose administrative units into dedicated foundations closely tied to individual companies and increasingly popular with foreign corporations as cheap anti-takeover devices. Their reincarnation as foundations also turned them into vehicles for the tax-efficient routing of international revenue flows via the Netherlands.

自 17 世纪后期以来，信托办公室 ( administratiekantoren) 重新包装证券一直是荷兰金融的中心机构。它们的基本形式和功能基本保持不变，但随着时间的推移，重新包装已用于不同的目的。它们最初是为了行政方便而设立的，它们帮助创造了流动性，尤其是外国证券。从 1930 年代开始，它们的主要目的是保护大公司的董事免受股东影响和敌意收购威胁。随后，信托办公室从一般用途的行政单位演变为与个别公司密切相关的专门基金会，并作为廉价的反收购工具越来越受到外国公司的欢迎。他们作为基金会的转世也将他们变成了通过荷兰进行国际收入流动的节税途径的工具。