Intercompany Solutions: Your Business Partner for starting a business in the Netherlands
Established in 2013, our company has helped hundreds of clients from 30+ countries to set up their businesses in the Netherlands. Our experience with international entrepreneurs has allowed us to perfectly adjust our processes in order to ensure the successful establishment of your company. Customer satisfaction is guaranteed for all the services we offer.
Our scope of expertise:
- Starting a Dutch business, complete package;
- Assistance with local regulations;
- Application for issue of an EORI or VAT number;
- Opening a bank account for a foreign person;
- Secretarial support: premium package.
Associations and memberships
We are constantly improving our standards of quality to deliver impeccable services.
Why choose to start a Dutch business?
The Netherlands is a country offering many benefits to entrepreneurs and investors. Within several industries the Dutch have proved to take on a leadership position, by continually coming up with innovative and efficient solutions. These key industries include (but are most certainly not limited to):
- Information & Technology
- Chemicals & Pharmaceuticals
- High-Tech Systems & Innovations
- Health Sector
- Creative Sector & Arts
- Energy (Renewable & Offshore)
The Netherlands are ranked as the 5th most innovative and competitive country in the world by the World Economic Forum and the 3rd best country in the world for business by Forbes Magazine. The fact that the Netherlands is part of the EU obviously plays a large role, since this enabled the Dutch to build outstanding connections with most countries abroad. Due to the European Single Market you can freely import and export goods and services throughout the entire EU. Next to that, the location of the Netherlands has proven to be a huge advantage for purely logistical reasons. Both Schiphol as well as the port in Rotterdam are two of the most prominent logistical gateways for goods entering and exiting Europe. Starting a business in the Netherlands means you have both options within driving distance.
The Benefits of Starting a Business in the Netherlands
The Netherlands is known worldwide for its beneficial environment for entrepreneurs. Many global investors and entrepreneurs consider starting a business in the Netherlands. In this guide we explore the Netherlands as a jurisdiction to start a company. Here are some of the benefits of establishing a business in Holland:
- Corporate tax rate of 20%, among the lowest in Europe;
- No value added tax (VAT) for transactions between member states of the EU;
- In 2018, Forbes rated the Netherlands as the third best country in the world for businesses
- The greatest number of treaties for double tax avoidance worldwide;
- The Netherlands is among the founding members of the EU;
- Local companies have a great reputation in global commerce. The Netherlands gives a big advantage in representation;
- 93% of the native population speak English; many are proficient in German and French;
- Highly educated labor force (third in the global top for education level);
- Outstanding international business atmosphere;
- Holland is fourth in the global report of the WEF and first in the European top for most innovative and competitive economies;
- According to a recent investigation by G. Thorton, starting a business in the Netherlands is one of the best choices for foreign investors.
- The country welcomes foreign entrepreneurs and investors: from small enterprises to multinational companies included in the Fortune 500 list;
- The Netherlands attracts international companies from all sectors with its stable legislation and politics, coupled with excellent international relations.
Procedures to follow according to your citizenship
When you wish to set up a company in Holland, the exact procedure you need to follow depends on your current citizenship. Roughly there are two categories: EU, EEA and Swiss citizens versus Non-EU citizens.
EU, EEA and Swiss citizens
In general, all of the abovementioned persons enjoy exactly the same benefits as Dutch citizens due to the equality of all citizens within the EU & EEA. This means you will not have to obtain a residence permit nor a work permit to start a business in the Netherlands. On arrival in Holland you can obtain a BSN number (which is a personal registration number) from your local municipality. This number serves as a tax and social security number.
If you are from a different country than one of the above mentioned, you will be required to follow certain procedures according to Dutch immigration regulations. This means you will either be required to obtain a residence permit, a work permit or both. Which one you need depends on your exact goals and aspirations.
Which permit do you need to start a business in the Netherlands?
If you want to obtain a permit, you must meet certain conditions as set by the Dutch Immigration Authorities (IND). Furthermore, the Netherlands Enterprise Agency (RVO) will score the application based on the activities of the future company as well as the ambitions of the applicant. This score is based on the added value of your potential business for the Netherlands, your past experience and the quality of the business plan.
If you want a residence permit for starting a business, you need to find yourself a so-called facilitator. This mentor figure needs to meet certain criteria, such as previous experience in guiding start-ups and a registration in the Trade Register of the Chamber of Commerce. He or she can help and advise you about management, research, marketing and communication and investment acquisition. Also, the RVO requires that your business is innovative, that you have a plan how your idea can be developed into a business and you have sufficient financial resources to be able to live in the Netherlands for a period of one year.
This visa is widely used for applicants who want to run or continue their business in the Netherlands. One of the things you will need to prove, is the fact that your business activities will somehow benefit the Dutch business market. You will need to prove this in your business plan and by showing financial prospects offered by third parties. The financial information you provide must be examined by a certified accountant or financial advisor. The application for this permit is point-based, meaning you need to earn a certain minimum of points in order to be eligible. Japanese and United States citizens are exempt from this system and able to follow a simplified procedure.
Starting a business in the Netherlands: all legal entities
In the Netherlands you can choose from a wide variety of legal business entities. There is a significant distinction between unincorporated business structures (‘rechtsvormen zonder rechtspersoonlijkheid’) and incorporated business structures (‘rechtsvormen met rechtspersoonlijkheid’). The main difference between these two is that there is no distinction between your private and business assets in an unincorporated business. So if you create debts with your business, you can personally be held accountable. If you choose an incorporated business you separate private and business assets and thus enjoy protection from business debts.
There are four types of unincorporated business structures:
- Sole trader/single-person business (Eenmanszaak or ZZP)
- Limited partnership (Commanditaire vennootschap or CV)
- General partnership (Vennootschap onder firma or VOF)
- Commercial/professional partnership (Maatschap).
There are five types of incorporated business structures:
- Private limited company: ltd. and Inc. (Besloten vennootschap or BV)
- Public limited company: plc. and Corp. (Naamloze vennootschap or NV)
- Cooperative and mutual insurance society (Coöperatie en onderlinge waarborgmaatschappij)
- Foundation (Stichting)
- Association (Vereniging).
Legal requirements differ between the business structures. In general, the business structure that is most often chosen by foreigners is the Private limited liability company (BV).
Starting a business in the Netherlands: company types in depth
Private Limited Company
The Dutch BV (private limited company) is definitely the most popular legal entity chosen by foreign investors. Since the introduction of the so-called ‘flex-BV’, a private limited company can be registered with a minimum share capital of only 1 euro. Starting a private limited company in the Netherlands means being entitled to corporate shareholders and (a board of) directors. During the registration all corporate shareholders need to be verified, plus have authority to sign the deed of formation.
Next to that, an extract of the corporate entity from the business register must be attained from the entities, acting as a shareholder or director. In the case you choose to perform the registration remotely, you need to receive a power of attorney which in turn must be signed on behalf of the shareholder or director. When choosing corporate shareholders, the Dutch business will become a subsidiary. Furthermore, it is also an option to register a Dutch branch office. This entity will have less substance than a subsidiary and may also be treated in a different way by Dutch tax authorities. Substance may be attained by appointing a resident director.
Public Liability Company
A Dutch public liability company (NV) is a company type that is most suitable for large businesses if you decide to start a Dutch public company. On the contrary to a BV, a NV requires a minimum share capital or 45.000 euro. A public liability company has a board of directors who are responsible for all day-to-day decisions and regular business activities. During the annual meeting of shareholders, directors can be appointed and changes in management may be demanded.
The foundation is another legal entity which can be used as a commercial entity, a holding entity or family funds. It is possible for a foundation to own shares and real estate and it is also allowed to obtain profits. Under certain strict conditions, a foundation can be exempt from Dutch taxes. A foundation can even be exempt from accounting and/or reporting requirements. When a foundation is concluded under a notary agreement, the foundation will be limited in liability.
A general partnership can be chosen, when two or more partners decide to join forces using one company name to strive towards a shared entrepreneurial goal. Both directors will have full private liability for all debts of the company. All profits are shared between all the partners. Furthermore, there is no minimum requirement regarding share capital.
A professional partnership can be registered in the Netherlands by two or more self-employed professionals, like therapists, dentists, accountants or consultants. The partners are fully responsible for all liabilities. This legal entity is mostly used for resident practicing professionals.
BV and NV: differences between the two limited companies
There are some differences between the two limited companies. For instance, a BV can only issue registered shares whereas a NV can issue both registered as well as bearer shares. The articles of association determine a large part of the rules regarding the possibility of transferring shares freely in a BV. Oftentimes, there are certain transfer restrictions that limit some (or all) shareholders. In that case the other shareholders need to give their consent when a shareholder wants to transfer shares. Also, the other shareholders have a pre-emptive right to buy shares from a selling shareholder. Since 2012 the flex-BV was introduced. One of the most notable changes was the decision to cancel the obligation to bring in a minimum share capital in order to start a BV completely. For most companies a BV structure is the best option.
|The bv is a privately held company comparable to the ‘limited liability company’ (llc)
||The nv is a public company comparable to the ‘public limited company’ (plc)
|· Practically no minimum capital is required. Issued and required paid-up capital is determined by founders. This is registered in the articles of association.
· Different types of shares allowed to vary voting and dividend rights, plus non-voting shares.
· Particular class shares may limit profit sharing entitlement, however such shares must always have voting rights.
· Transfer restrictions are sometimes allowed.
· Shares are not admitted on stock exchange.
|· The minimum capital is EUR 45,000.
· Different types of shares allowed (such as bearer shares).
· All shareholders receive voting rights as well as profit rights.
· Transfer restrictions are sometimes allowed.
· Shares are admitted on stock exchange.
|· There is an annual general meeting (GM) for shareholders with and without voting rights.
· A one-tier board and a two-tier board are both possible.
· A supervisory board (or non-executive directors in the board) is generally optional.
· The articles of association can contain regulations granting shareholders the right to give specific instructions to the management board.
|· There is an annual general meeting (GM) for shareholders.
· A one-tier board and a two-tier board are both possible.
· A supervisory board (or non-executive directors in the board) is optional.
· The articles of association can contain regulations granting shareholders limited possibilities to give general instructions to the management board.
|Allocation of profits
||Allocation of profits
|· The GM decides about profit distribution.
· If a certain contribution might threaten the continuity of the company, the management board may refuse approval to the distribution of profit, dependent on the outcome of a liquidity test.
· Interim dividends are possible.
|· The GM decides about profit distribution.
BV or NV: how do you choose which one is best for you?
Potential applicants often ask us, which option is the best fitting choice: the BV or the NV. The BV is comparable to a limited liability company, which means that the liability for the owner is limited. Some comparable structures are the private liability company in the UK, the French société a responsabilité limitée (SARL) and the German Gesellschaft mit beschrankter Haftung (GmbH).
The NV is comparable to a corporation. The NV is also the legal entity that is traded at stock exchanges. In the UK, the NV is comparable to the public liability company (plc), in Germany to the Aktiengesellschaft (AG) and in France to the Société Anonyme (SA).
Dutch Limited Liability Company (BV)
The Dutch private company with limited liability (besloten venootschap, BV) issues shares that are registered privately and cannot be transferred freely. This type of Dutch entity is preferred by many international entrepreneurs.
A limited company is established by at least one incorporator, either a legal entity or an individual. The entity or individual, resident or foreign, can act both as an incorporator and a complete management board for the new company. It is not compulsory to have a secretary. If the shareholder is just one, this does not result in personal liability. Still, the name of the shareholder will appear on the registration certificates of the company prepared by the Commercial Registry. Shareholdings are recorded in the register of shareholders maintained at the company’s office.
To start a business in the Netherlands, an incorporation deed is drafted in the presence of a public notary and submitted to the Trade Registry at the Commercial Chamber and to the Tax Office. The official incorporation deed must be prepared in Dutch (our company will also prepare an English version for your convenience). This document lists the details of incorporators and initial board members, their participation amounts and payments made to the starting equity. The deed also contains the AoA (Articles of Association) that include, as a minimum, the following details: company name, city location of the registered office, company purpose, amount of authorized capital (EUR), share division and share transfer conditions.
Intercompany Solution will check before we start your dutch business if the chosen company name is not already in use as a trademark or a commercial name. This is done as the holders of prior registrations have the right to require a name The name of your company must either end or begin with “BV”. In addition to the company name, a BV has the freedom to choose one or several trade names to label the whole business or parts of it.
Incorporators can decide on the amount of share capital; it can be as low as EUR 1. A single share with a corresponding voting right is required as a minimum. Shares can have profit and/or voting rights.
As of January 1, 2006, there is no capital tax with respect to issuing shares.
The incorporation procedure to start a business in the Netherlands may take two to five days. The timeframe depends on how complex the shareholding structure is and, also, on the prompt provision of papers by the client.
Possibility for a remote formation
A business can be registered remotely.
Corporate shareholders and directors
Dutch private limited companies can have directors and corporate shareholders.
Advantages of Starting a Dutch Private Limited Liability Company
Shareholders carry no personal liability for the debts of the company. In principle, the risks are limited to their investments in the business.
The minimum share capital required to establish a BV used to be EUR 18 000 (before October 01, 2012), but it was reduced to just 1 euro cent. Now it is easy to establish a new business.
The Netherlands offers various entrepreneurial subsidies, e.g. the Innovation Box instrument and WBSO (R&D tax credit).
No taxes on interest, royalties and dividends
The Netherlands has developed a comprehensive network of treaties for the avoidance of double taxation. Thus companies can benefit from reduced rates of withholding taxes on interest, royalties and dividends transferred to companies established in the country and minimum taxation of capital gains arising from share sales in the source country (pacts with close to a hundred different jurisdictions).
The BV Holding Structure
The BV Holding Structure is a secure and cost-effective way to start your own business in the Netherlands.
A holding is a legal entity that only holds assets, e.g. trade companies shares. Therefore a holding company does not carry any liability or risk associated with its operations.
A subsidiary is an entity actively involved in services or trade. It performs business activities and, therefore, carries liability for its operations. This means that creditors, suppliers and other parties may file claims against it. On the other hand, the holding entity with its assets is safe from claims.
The combination of a subsidiary and a holding in one structure results in the so-called holding structure. Below are the main characteristics of a Dutch BV Holding Structure:
- the holding structure includes two separate private limited companies (BVs);
- one of the BVs is a subsidiary and engages in business activities;
- the other BV is a holding without any business activity;
- the investor/entrepreneur owns the holding’s shares;
- the holding company owns the subsidiary’s shares.
Reasons to Incorporate a BV Holding Structure
Entrepreneurs prefer to start their Netherlands businesses as holding structures for two principal reasons: risk and tax.
First, you reduce risk by operating via a holding structure in the Netherlands. A holding BV provides an additional layer of protection between the business owner, as an individual, and his/her business activities. BVs can also be structured to protect the capital of the active company. Accumulated pension provisions and profit are thus shielded from business risks.
Second, holding structures may provide tax advantages. The most significant one is the so-called participation exemption. It allows the owner to sell the company and transfer the profit to the holding BV without paying profit tax.
When should I consider starting a holding structure for my Netherlands business?
- if it is very likely that your company will one day be sold. You can then transfer the profit from selling the company to the holding BV free of tax, by virtue of the Dutch participation exemption.
- if you need risk protection for your capita.
- if you want to start a fiscally flexible business structure in the Netherlands.
Company formation in the Netherlands: the procedure
In order to form a Netherlands company, you will obviously need to fill out the necessary paperwork. The required documents for the formation of a legal entity consist of a legalized copy of valid identification and proof of address. These documents need to be sent with an apostille, which you can obtain at a local notary’s office. Also, a power of attorney is required which must be signed by a notary for remote formation. However; it is not necessary to travel to the Netherlands. All shareholders may authorize us in order to take care of all mandatory filings on their behalf. Other necessary actions such as opening a bank account for you may also be performed remotely. Only in some cases, the director needs to be present but this depends entirely on the bank you choose. If you so wish, we can advise you on practical matters such as these so every step can be done remotely.
The whole procedure of company formation in the Netherlands can be completed in only 48 hours, assuming all documentation meets the requirements. The largest portion of time is spent in the verification of the documents. The procedure for the formation of a Dutch BV is as follows:
We check the identities of all directors and shareholders of the company you want to register in the Netherlands, using the legalized copies of valid identification. Also all accompanying forms will be checked, as well as the preferred company name which needs to be submitted in advance to check availability.
After the preparation of all the necessary documentation for the formation of a Dutch business, the formation documents need to be signed by all shareholders. This can either be done remotely, in which case we prepare the formation documents and send them to your home country. After signing, you can return the original documents to us by legalizing the papers at a local notary’s office of your choice. Alternatively, you can also choose to sign the documentation at a Dutch notary, provided you visit the Netherlands for the entire process.
The process may defer slightly for an international holding structure.
After all the documentation has been signed, received and processed, our firm will commence with the registration procedure. The deed of incorporation will be signed by a notary public, in order to legally form the company and afterwards submit the deed of formation at the Dutch Chamber of Commerce. A few hours later a registration number will be assigned to your Dutch company, which serves as your company identification number. You will then receive a corporate extract from the company.
Once this process is finished, you can open a Dutch business bank account. All shareholders will need to pay the agreed upon share capital to this bank account. This can be accomplished after formation of the Dutch company, but also beforehand by transferring the funds to the notary public.
After the formation procedure you will also receive your tax (VAT) number. You will need to register at the local Dutch tax office. It is highly recommended to hire an accountant or use our services for the VAT application. After completion, you are legally obligated to use accounting services for your quarterly VAT filings, your corporate income tax filings and one annual statement which needs to be published at the Dutch Chamber of Commerce.
What are the costs of starting a business in the Netherlands?
The exact costs will be calculated according to your specific business needs and wishes, but you should consider the following fees and costs involved with the entire procedure:
- Preparing all legal documents and documents for identification purposes
- The fee at the Dutch Chamber of Commerce for registering a Dutch company
- The costs for registration at the local tax authorities
- Our incorporation fees covering the formation of the company as well as extra services such as opening a Dutch bank account
- Our fees for assisting you with the VAT number and optional EORI number applications
The annual costs cover our accounting services. Of course we will happily provide you with a detailed personal quote for the formation of a Dutch company.
A timetable illustrating the formation procedure of a Dutch company
A formation timeline would be as follows:
- 1-5 hours: preparing, signing and sending the necessary documentation
- 1-2 days: verification and authentication of all received documents
- 1 day: drafting the notary documents for company incorporation
- 1 day: registering the company in the Dutch company registrar and obtaining the company registration number
- 1 day: obtaining the tax identification number
- 1 day: opening of a Dutch bank account
- 1 day: registering the company for VAT, however the VAT number is usually granted within 1-2 weeks
Note that several actions can be completed in 1 day, which shortens the total time of the formation process.
Taxation of Netherlands companies
Every Dutch business is of course subject to taxation. You will have to pay tax over all profits of your company. Currently the corporate tax rate is 20% up to 200.000 annually, all profits above this sum are taxed for 25%.
The VAT rates are
- 21% standard vat rate
- 6% lower vat rate
- 0% tax exempt rate
- 0% for transactions between EU countries
Tax Advantages and Obligations
After incorporation private limited companies are registered at the Tax Office and the required tax numbers are issued. Dutch companies have particular obligations and need to submit different tax returns. Find more information below.
Dutch corporate tax
The corporate tax rate in the Netherlands is among the lowest in Europe: 20% for profits up to EUR 200 000 and 25% for profits exceeding this amount. These conditions apply for both NVs (public companies) and BVs. In the next years, the government will reduce the minimum and maximum tax rates.
The participation exemption is among the most commonly used advantages with respect to taxation. This tax regulation exempts from tax holding entities owning at least five percent of a subsidiary in case of transfer of dividends. The regulation is known as “the directive on parent companies and subsidiaries”.
Imagine that a holding owns 100% of the shares of a subsidiary. This subsidiary company makes € 100 000 in profit and transfers 20% corporate tax (€ 20 000) to the Tax Office. The rest of the profit (€ 80 000 after the tax has been paid) is a dividend transferred to the account of the holding. The paid out dividend is exempt from tax and the total taxes due for the whole structure amount to 20% of the profit. The purpose of the exemption is to avoid double taxation of the profit.
If the company that has opened the subsidiary (parent company) turns a profit, the exemption gives a clear advantage. It can also save a large amount of money in the event of selling the subsidiary. The whole profit from this transaction will be transferred free of tax to the parent company. The subsidiary has already covered the corporate tax with respect to its profit (value increase) for the period before the sale. If the profit is taxed again at the time of sale, then it would be taxed twice.
Participation exemption for international companies
The exemption gives an additional advantage to companies operating internationally if the subsidiary company is located in another country. The international subsidiary’s profit is subject to tax in the country where it is established. The profit after tax can then be transferred to the parent company in Holland. This amount, received by the parent company, will NOT be subject to corporate tax in Holland.
Value Added Tax (VAT) in Holland
Holland uses a VAT system, similarly to other EU members. Some transactions are not subject to value-added tax, but it is commonly charged by the authorities. The regular rate, 21%, is charged with respect to almost all services and goods offered by Dutch businesses.
This rate might also apply to products imported from non-EU countries. In Holland, there is also a lower VAT rate of 6% regarding specific services and goods, e.g. medicine, food, art, medicine, books, antiques, entry to sports events, museums, theaters and zoos. The government plans to increase the rate to 9% in 2019. Thus making it even more advantageous to start a business in Holland.
VAT for international entrepreneurs
When your company is established in a foreign country, but you are also operating in Holland, you need to conform to the national regulations. If you are offering products or services in Holland, in most cases you need to cover VAT there. Still, VAT is often charged in reverse to the individual receiving the product or service, resulting in 0% rate.
Reverse-charging is an option if your clients are legal entities or entrepreneurs established in Holland. Then you can omit the VAT from the invoice and insert reverse-charged instead. Otherwise, you need to pay the tax in Holland. Starting a business in Holland will allow your business to make full advantage of the Dutch VAT regulations.
30% tax reimbursement ruling
International employees hired in the Netherlands can make use of a tax exemption called “the 30 percent reimbursement ruling”. If you meet certain conditions, the employer will transfer to you 30% of your wages free of tax. This allowance is meant to compensate the additional expenses of employees who work outside their home countries.
In order to qualify for reimbursement, candidates have to meet the following requirements:
- the employer is registered at the Tax Office in the Netherlands and covers payroll tax;
- there is a written agreement between the employee and the employer that the reimbursement ruling applies;
- the employee is either transferred or recruited abroad;
- upon hiring, the employee had resided more than 150 kilometres away from the border of the Netherlands for at least 18 months out of the past two years;
- the yearly salary of the employee is equal to or exceeding € 37 000;
- the employee has qualifications that are scarce on the Dutch labour market.
Economic opportunities in the Netherlands
The Netherlands largely benefits from its stable position being a core member of the European Union, which allows for ease of travel within the Schengen area. This offers plenty of opportunities, as new trade routes and investments beyond borders can be easily established. The Dutch are internationally renowned for their accessibility to large international markets, mainly due to the port of Rotterdam and the ‘Europoort’ area. These are both gateways connecting international trade with the entire mainland of Europe.
Due to the strong Dutch trade mentality as well as a solid transportation infrastructure, the Netherlands have been able to maintain a 20th position as the largest economy in the world. The Dutch workforce well educated and fully bilingual, providing many possibilities regarding recruitment and doing business with other cultures. This and the substantially low costs for company formation makes the Netherlands extremely attractive compared to other Western European countries.
The Netherlands compared to other countries
The Netherlands is considered to be one of the most favorable countries for business and investments. The infamous annual Forbes list listed the Netherlands on a proud 3rd spot, only preceded by the U.K. and New Zealand. The logistical power and innovative atmosphere of the Netherlands are key factors inherent to the high ranking, as well as the low tax rates compared to some other European countries:
||Corporate Income Tax Rate
By 2021 the Dutch tax rates will be further reduced to 16% for profits under 200.000 euro and 21% for profits exceeding this sum. The goal is to achieve a strengthened investment climate, providing foreign investors with better opportunities. There has probably never been a better time to start a business in the Netherlands.
Frequently Asked Questions Netherlands (FAQ)
Is it possible to establish a Dutch company if I reside elsewhere?
Yes, a resident of any country can incorporate a company in Holland. For your convenience we also provide procedures for starting a business remotely in the Netherlands.
Is it compulsory to have a Dutch company address?
Yes, your company needs a registered address in Holland. You also have the option to establish a representative office or a branch of an international business.
What are the company types in Holland?
The entity preferred by most foreign investors is the private limited company (BV). Other popular types are the foundation (Stichting) and the public company (NV). You can also register a collaborative entity, a solitary proprietorship or a partnership.
How many days does it take for starting a business in the Netherlands?
On average it will take 3 to 5 working days to start a Netherlands business.
What is the minimum required share capital?
Limited companies no longer need to declare a minimum capital. Public companies are required to have a minimum of EUR 45 000 in shares.
What is the procedure for Starting a Netherlands business?
The procedure includes four main steps: 1) Submission of the deed of incorporation; 2) Submission of the association articles; 3) Tax registration; 4) Bank account opening.
What are the documents necessary for starting a Dutch business?
The main document you need in order to incorporate a business is the Articles and Memorandum of Association.
How to register a brand or a trademark?
The usual way for trademark registration in the Netherlands is to first incorporate a company and subsequently register the trademark locally. There might be a possibility to register a trademark or brand in the Netherlands without establishing a company.
Is it possible to start a business in the international trade through a company in Holland?
Yes, it is possible. International traders set up companies in Holland quite often. Local incorporation brings numerous advantages.
What taxes do companies pay in Holland?
For annual profit of up to € 200 000 companies pay 20 percent corporate tax. Other taxes, e.g. for real estate or transfer in case of property purchase, are also levied.
Can you provide further information on Dutch BVs?
Of course. We have prepared a comprehensive brochure about Dutch BVs. If you have further questions, please, contact us.
Can you explain the requirements for employment in Holland?
The employer-employee relationship is regulated by the national Law of Employment. International employees have to obtain permits for work prior to arriving in the country (EEA and Swiss nationals are excluded from the rule). A written employment agreement needs to be drafted and signed. The agreement can be open-term or with a particular duration. This depends on the nature of the business activities.
What is the procedure for obtaining Dutch citizenship?
A person may become a citizen of the Netherlands through business immigration, naturalization, option procedure or marriage. Children of Dutch parents can claim citizenship. Our experts can provide you with further detail regarding the procedures and help you follow them.
Is a visa necessary to enter Holland? What is the procedure for obtaining it?
EU residents are free to enter the Netherlands without any specific document. Non-EU citizens can stay in the country with a Schengen Visa (short-term) for no more than 90 days. For longer stays, you must apply for a visa at the Dutch Embassy in your country of residence.
Do I have to obtain any special licenses or permits for my newly established Dutch company?
The requirements depend on the nature of your business and your scope of activities. A permit for conducting business ensures that you are able to legally sell, trade, store and engage in financial activities. Few companies need special licenses or permits.
Can you list the main legal requirements that foreign entrepreneurs must meet in order to make investments in the Netherlands?
Foreign investors have the same rights to establish businesses as Dutch citizens. They must consider the legislation with respect to making investments, applying for licenses, covering the minimum obligatory initial capital and conducting lawful and legal business operations.
Can you list the main legal aspects of company establishment in Holland?
You need to consider several important aspects:
- Your company’s name must be available and compliant with the laws;
- You need a local office;
- You need to meet the requirements for registration and obtain the relevant business permits.
Are you planning on starting a business in the Netherlands or do you wish to receive more information on taxation, investment or incorporation in the country? Please contact our local incorporation agents.