The Netherlands is the most strategic place to enter the European markets if you have a company or if you are an entrepreneur with higher ambitions. Good business climate and good fiscal outlook.
5 Main reasons to incorporate a company in the Netherlands:
– Strategic location. Ideal gateway to Europe
– Competitive fiscal climate
– International business environment and unparalleled professional infrastructure
– An attractive quality of life
– Tax incentives for financing activities
The Netherlands has only a 20% corporate tax rate, which is lower than Belgium, Germany or France. The most popular legal entity is the Private Limited Company (BV). This country eliminated its withholding tax on dividends (%20) and reduced its corporate income tax to %25. It also offers a tax-free investment holding company for passive investment activities.
The creation of a public “Investment Fund” can be done in 6-8 weeks when dealing with professional investors, no license is required. Training in the Netherlands can be done SAME DAY, including instant opening of a bank account.
The Dutch Private Limited Company (“B.V.”)
A limited liability company, or in Dutch besloten vennootschap (bv), is a business structure with legal personality. This means that, generally speaking, the bv is responsible for any debt, rather than you as an individual. As a director, you are an employee of the bv and act on its behalf. You may establish a Dutch bv with yourself as sole director/majority shareholder (DGA) or with other individuals and/or legal entities.
The capital of a limited liability company is divided into shares owned by the shareholders. They also have supreme power, but the company’s directors run the business on a day-to-day basis. A limited liability company may appoint a supervisory board to oversee its board of directors (two-tier board), or the supervisors may sit on the board of directors (single-tier board).
In smaller corporations, the director is usually also the sole shareholder. In which case, he or she is then a director and majority shareholder, in Dutch directeur en grootaandeelhouder (DGA). You may also choose to have more directors, to share responsibilities. There is no legal requirement for the number of bvs directors.
To incorporate your Dutch company you need:
1. Determine the best corporate structure (tax and legal advice).
2. The incorporation of the company (including the notary public service).
3. Company housing.
4. Opening a bank account.
5. The application for the corresponding fiscal numbers
With these matters covered, your company is ready to go. Gimbrere Legal can assist you in this process to set up your company according to your needs. We are a specialized team and we create the best strategies for your business plans.
