Why incorporate your company in the Netherlands?
The Netherlands may be a small country, but it offers a great many advantages to entrepreneurs with international ambitions. The Netherlands is the most strategic location to enter the European markets, has a good business climate and excellent possibilities from a tax perspective. The head office of Bolder Launch is located in the Netherlands. From here, we can register your Dutch business in the EU. And with the help of our worldwide offices, we can help you set up local companies in, for example, Belgium, Germany, Spain and in the Middle East (Dubai, Bahrain, etc.). Read more on the advantages of setting up a Dutch Company.
Bolder Launch can fully assist you with the full incorporation of the company:
- Determine the best corporate structure
- Check for government support
- The formation of the Dutch company
- The housing of the company
- Opening a bank account
- Applying for relevant tax numbers
Let's guide you further
Why set up a business in the Netherlands
If you are an entrepreneur, planning to expand your business in Europe, then the Netherlands ought to be the number one choice. This is true for companies of any size, and active in most industries. So why set up a business in the Netherlands? Read on.
Even if you are a relatively small company (startup), and you don’t expect a lot of activity in the Netherlands for the first 12-24 months, you can easily start a company (low budget and within 1-2 weeks) and have little bureaucratic affairs to worry about.
[...] Continue readingWhat types of entities are available in the Netherlands?
For every type of business and industry, there is a most commonly used business structure. Although this does not mean this option will fit best with your specific situation, the overview below does make it easy to get an understanding of the differences.
[...] Continue readingCompany formation costs in the Netherlands
To register a company in The Netherlands, you should consider a budget of 1.500 - 2.200 EUR. There are several factors that need to be taken into consideration, to determine the exact costs of forming a Dutch business, such as:
- How many shareholders and directors are involved?
- Do all stakeholders speak English?
- Do you need a personalized Formation Deed, which requires additional input from the Dutch notary?
- Is there a foreign legal entity involved as a shareholder or director? This might require extra time to properly identify this legal entity (and the authority of the representatives).
Entering the Dutch market
One important part of your business plan would be: to determine your (best) market entry strategy into the Netherlands.
Should you start with the establishment of a sales office, or does it make more sense to start a fully operational office? Perhaps you are planning to start an NGO in the Netherlands, without any aim to make a profit at all. Or do you need/want to relocate your activities to the Netherlands due to Brexit?
Do you need a local legal entity, or can you suffice with the application of a local VAT number, or employer registration? Obviously, you like to avoid bureaucracy where possible, and you like to start your Dutch operations as smooth as possible.
Based on your situation, our Launch Team can assist you to make the right decision.
Each company is different, and unique in its own ways. In fact, your own business looks different every year, and the way you expand your business to a new country, such as the Netherlands, will also depend on the goals that you have set to achieve in the jurisdiction. You might be planning to expand your business and increase sales. Or you want to be planning to relocate your sales activities, even if it's just on paper, to create an EU reputation for your customers.
[...] Continue readingThe Formation of a Dutch Limited Company
The most commonly known type of legal entity (worldwide) is the Private Limited, which is also called a ‘Company by Shares’.
This legal entity is called a BV (Besloten Vennootschap), and it’s the equivalent of the U.K. PLC, or the German Gmbh, the Delaware LLC, and many other similar entities worldwide.
Compared to most European Private Limited Companies, the Dutch BV is fairly simple to incorporate. There are no local shareholders and directors required, and the minimum capital requirement for a Dutch BV has been abolished per 1 October 2012. The incorporation of a Dutch BV requires the involvement of a Dutch notary. There is no requirement for each shareholder or director to visit The Netherlands and meet the Dutch notary. The incorporation can be done by Power of Attorney, although each stakeholder needs to be properly identified (using legalised copies of identification documents and signatures).
[...] Continue readingPost-Formation formalities in the Netherlands
Register with the Dutch Commercial Register/Kamer van Koophandel
If you start your operations or legal entity in The Netherlands, then your business must register with the Dutch Commercial Register at the Netherlands Chamber of Commerce (KVK).
How to apply for a Dutch Tax ID
By registering a business at the Chamber of Commerce, your company will be automatically assigned a Corporate Income Tax ID. This is also the case when your business is not effectively being managed from the Netherlands or if you didn’t assign a Dutch board member (or shareholder). The Dutch corporate income tax ID will be shared with you via post, as well as the login details to access the online portal of the tax authorities. The online portal allows you to check for any pending tax filing requirements, and submit tax returns when necessary.
[...] Continue reading