The new Dutch government has proposed to scrap a 15 percent tax on dividend payments as part of its more business-friendly pledges.
"That hasn't happened yet but if (it did) then we could take a look at the structure," Uhl told analysts on Thursday.
"But we'll need to wait for that to actually come to fruition before we move into decision-making in that space."
A Shell spokeswoman said the capital structure reconsideration would include whether to combine the company's A and B shares.
(The story was refiled to clarify that Shell is reconsidering capital structure, not dual listing)
(Reporting by Karolin Schaps, editing by David Evans)