Legal forms

 

LEGAL FORMS

The Dutch CV and Foundation

Legal form of a Dutch BV

Dutch Tax Rules Holland

 

LEGAL STRUCTURE OF THE BUSINESS

 

 

When it is decided to start up activities in the Netherlands, one should consider an appropriate legal structure for the business. It is possible to start a business in the Netherlands through a branch or through a legal form, like a corporation or partnership.

For some guidance with your decision to choose for either a corporation or a branch we refer to the page Corporation or Branch. A corporation can have a Dutch legal form, but also can have a foreign legal form.

Dutch legal forms

Dutch civil law provides a variety of legal forms that may be used. Which legal form is the best for your particular venture will depend on the specific demands of your business. As stated above, it is also possible to use a foreign legal form for your Dutch business.

 

Dutch law contains the following legal forms:

•Private limited liability companies (BV)

•Public companies (NV)

•Cooperatives (in Dutch: coöperatie)

•Societas Europaea (SE)

•Societas Cooperative Europaea (SCE)

•Partnerships (general partnership: VOF, limited partnership: CV)

 

BV

The Dutch BV (private limited liability company) is the most frequently used legal form by foreign investors (for example: to carry out a business, for direct investments, as holding company, IP company, finance company, etc.) The Dutch BV has the advantage that the shareholders are - in general - not personally liable for legal acts of the B.V. Furthermore, the BV is easy to incorporate, it requires a minimum capital of € 18,000 and the share cannot be traded freely (e.g. subject to transfer restrictions, which may be beneficial if you are contemplated to attract several investors).

In order to incorporate a BV, a notarial deed should be executed before a Dutch civil-law notary. Also a bank statement from the bank is required, which should be added to the notarial deed. This implies that also a bank account should be opened. In case of a contribution in kind, also an auditor statement is required. Finally, the BV should be registered with the Chamber of Commerce (Trade Register). If this is not done properly, the directors of the company can be held personally liable. For more information about the incorporation procedure for a BV, we refer to the page How to incorporate a BV.

 

Flex-BV

At this moment, there is also a proposal to change the Dutch civil law and to introduce a BV which is more flexible to incorporate (flex-BV). Due to this proposal, for instance the minimum capital requirement of € 18,000 will be abolished. Furthermore, the bank statement and the auditor's statement for contribution in kind will not be necessary anymore. It will also be possible to transfer the shares of a BV without limitations. The proposal should be approved by the Senate (Eerste Kamer). It is envisaged that this proposal will be discussed/approved in the midst of 2012.

 

NV

Alternatively, one may decide to establish a NV (a public limited liability company), which is the obligatory legal form for stock listed companies, but which can also be used for non-listed companies. The NV also requires a minimum capital; however, the minimum capital requirement is (slightly) higher than the minimum capital for the BV. The minimum capital for a NV is € 45,000.

 

Cooperative

Over the last couple of years the legal form of cooperative has become a very popular legal form for international holding companies. This was mainly caused by the fact that a cooperative was not subject to Dutch dividend withholding tax up to 31 December 2011.

As of 1 January 2012, the Dutch dividend withholding tax is changed. As of that date, the Dutch cooperative becomes subject to a 15% dividend withholding tax to the extent that (i) there is an "abuse structure" and (ii) the interest cannot be allocated to an active business of the member ("active enterprise test") The Dutch Government qualifies a structure as an "abuse structure", if a Dutch cooperative directly or indirectly holds shares in a company with the main purposes to avoid Dutch dividend withholding tax or foreign tax. With regard to the "active enterprise test" we note that this is the same test as in the corporate income tax with regard to substantial shareholders.

As such, it is possible that a cooperative is subject to Dutch dividend withholding tax. This should always be checked by a tax advisor. If you have any questions about the tax consequences of cooperatives, we are happy to assist you further.

With respect to the incorporate procedure of a cooperative, it should be noted that the cooperative must have at least two members. For more information, we refer to the page How to incorporate a co-operative.

 

SE

The so-called European company, better known as "Societas Europaea" or "SE" (a new Pan-European company form which can be incorporated within the EU) can also be used as a legal form for your business. There are basically three ways to incorporate a SE:

•Through a legal merger between two companies located in different EU Member States;

•Through incorporation;

•Through a change of the legal form (convert for instance a NV into a SE).

 

SCE

The features of the European cooperative Company (SCE) are comparable to the SE, in Dutch law the SCE is made equal to the SE. However, certain regulations that specifically apply to Dutch cooperative can also apply to SCE's.

Partnerships

Dutch law distinguishes two types of partnerships, either the general partnership (VOF) or the limited partnership (CV). The partnership may be formed by two or more partners that may be either individuals or legal entities (like for instance a BV). The partnership should be registered at the Chamber of Commerce (Trade Register). The partners in a general partnership are jointly and severally liable for all obligations of the partnership. However, the limited partnership has two types of partners, e.g. the limited liability partner (also 'silent' partner, which has the same features as a shareholder of a BV) and the general partner. The limited liability partner is liable only up to its capital contribution in the CV.

Foreign legal forms in the Netherlands

As stated above, it is also possible to use a foreign legal form for your Dutch Business. For this purpose, it is required to register the company at the Dutch Chamber of Commerce (Trade Register). Companies created under foreign law are in general (certain government linked lines of business excepted) free to operate in the Netherlands, can be party to a contract, can participate in partnerships, can conclude a joint venture, or establish a legal entity, etc.

 

Choice of legal form

For a brief description of the most frequently used legal forms in the Netherlands and there legal characteristics, we refer to the schedule on the page Start a business in The Netherlands - Frequent used forms of business in The Netherlands. In case you plan to acquire a Dutch company, you may either choose to participate directly or to set up one or more Dutch (intermediate) holding company(ies). For more information about the Dutch holding company, we refer to the page The Dutch Holding Company.

If you have any questions regarding the choice of a legal form (from a legal or a tax perspective), please feel free to contact us.

 

Branch

if it is not desired to set up a legal entity, you may decide to set up a Dutch branch of your foreign company. In that case, it is also required to register the branch at the Chamber of Commerce (Trade Register). For more information about the procedure to establish a branch we refer to the page How to establish a branch/representative office.

THE DUTCH CV

by

UPDATED: 23 OCT 2013

 

The benefits of 'commanditaire vennootschaps' or CVs in the Netherlands.

 

This article oultines the benefits of the Dutch limited liability partnership (commanditaire vennootschap or “CV”).

 

Legal Aspects

 

A CV is a contract between one or more general partners and one or more limited partners. While a CV agreement can be concluded verbally, in practice a CV is typically set up by means of written agreement (contract), which is preferably executed as a notarial deed by a Dutch civil-law notary. A CV can be set up easily and within a few days. Dutch law does not include requirements as to the contents of the CV-agreement, pursuant to the principle of contractual freedom. Also, there are no requirements with regard to the identity of the partners. Hence, residents as well as non-residents can be partners in a CV, while the partners can be private individuals as well as entities.

 

The management of the CV must be performed by the general partner(s). The general partner(s) can be held liable for the debts of the CV. While the general partner is entrusted with the management of the CV, the limited partner is typically the party that provides the funding of the CV. The limited partner may under no circumstances be involved with the management of the CV; violation hereof means that the limited partner also will become liable for any debts and obligations of the CV. It should also be noted that the partners are free to determine their respective interests in the profits of the CV. While no partner may be completeley deprived of the profits of the CV, a profit allocation of e.g. 0.001% for the general partner and 99.999% for the limited partner is allowed.

 

In international structures, it is common that the CV only has one general partner. This general partner is typically a designated corporate entity, often a Dutch foundation, provided and managed by a Dutch fiduciary service provider. This is basically for two reasons:

 

The CV is not a corporate entity, it cannot hold legal title to assets. Therefore, legal title to the CV-assets is held by the general partner for the risk and account of the CV.

The Dutch Foundation is not an entity designated to conduct a business and, as general partner, will not conduct any other business. Hence liability risks are ruled out as much as possible.

Tax Aspects

 

For Dutch tax purposes, a CV can be either “closed” (i.e. tax transparent) or “open” (i.e. tax non-transparent). Pursuant to Dutch tax legislation, a CV will be considered “closed” if the admission and substitution of limited partners is subject to the unanimous consent of all other partners. Hence, the partners are free to decide whether or not the CV should be tax transparent or not, by including adequate provisions in the CV agreement. Any CV which is not “closed”, is considered “open”. For completeness sake, we note that the Dutch tax treatment of an open CV is very similar to the tax treatment of a Dutch company, i.e. it is liable to Dutch corporate income tax.

 

Profit distributions by a “closed” CV to its partners are not subject to Dutch withholding taxes. Furthermore, the contribution of assets to a CV does not trigger any (capital) taxes.

 

Tax Planning Opportunities

 

The “closed” CV is a highly popular international tax planning tool. This popularity is due the tax transparency of the CV and its highly flexible character. Because the CV is tax transparent, any profits of the CV will for Dutch tax purposes be allocated to the partners in the CV according to their pro rata interest in the CV. When the partners are not tax residents of the Netherlands however, the partners will not be subject to Dutch taxation in respect of their share in the profits of the CV, as long as the partners do not derive Dutch source income through the CV. Dutch source income notably includes an enterprise carried out in the Netherlands, substantial shareholdings in Dutch resident companies and real estate based in the Netherlands. Below we will outline two very common international tax planning structures in which a CV is used.

 

CV as a portfolio investment holding company

 

In this set-up, the “closed” CV is merely used to hold portfolio investments. The limited partner typically has a 99.999% interest in the CV and the general partner has a 0.001% interest in the CV. Both the limited and the general partner are domiciled outside the Netherlands. While the CV is tax transparent for Dutch tax purposes, the CV is considered tax non-transparent from the perspective of the country of residence of the limited partner. Hence, the limited partner is mostly not required to report any income, as long as he does not receive any profit distributions from the CV. As such, a significant tax deferral can be achieved, allowing the profits of the CV to be reinvested for as long as desired. Furthermore, distributed profits could qualify as tax-exempt income under the participation exemption regime at the level of the corporate limited partner.

 

CV as a trading entity

 

In this set-up, the CV engages in the international trading of goods. The CV (Agent) is instructed by a company (Principal) in a low taxed country, to perform certain specified trading acivities for the risk and account of the Principal. The Principal can be a partner in the CV, although this is not required. Any profit realized by the CV from the trading transactions, is not taxed in the Netherlands because of the tax-transparent character of the CV. We have extensive experience with trading structures and can advise on all aspects for the setting up of a proper functioning trading structure. Furthermore, it should be noted that a similar set-up with a “trading” CV is in principle also possible for the international routing of services.

 

 

Company formation

 

Legal Form and share

 

Branch, Dutch liabilities (BV) and NV

Another possibility to start up activities in the Netherlands is to create a Dutch branch of a foreign entity. A branch is not a separate legal entity but an establishment in the Netherlands, which is part of a foreign legal entity. The parent business therefore always bears ultimate legal liability for the branch. Depending on the nature and scope of the activities, the branch may qualify as a ‘permanent establishment’ for taxation matters. If so, the results of the branch will be taxable in the Netherlands.

 

Dependent on the form chosen, certain steps must be taken to set up your company in the Netherlands. As it is most common to start doing business in the Netherlands using a bv, below we will briefly set out the requirements for setting up your business using this entity.

 

• Normally, an establishment permit is not required to start up a new business in the Netherlands. This may be different for some sectors that are considered more complex. An example is the food sector. If you are planning a new plant in the Netherlands, an environmental permit is required in all cases.

• The articles of association must be written in Dutch and contain the name, seat and object of the bv. The name must be unique.

• the founders of the bv must sign the articles of association before a civil-law notary in the Netherlands (it is possible to use a power of attorney to avoid unnecessary travel or delays).

• Every business must be registered with the Trade Register of the Dutch Chamber of Commerce. The register holds publically available information on the business, such as the names of the board members and the articles of association.

before all requirements are fulfilled, the bv under formation as such is allowed to assume obligations. After the formal establishment of the bv, these obligations need to be authorized by the bv.

 

Private limited company (BV)

 

A strong advantage for starting up a private limited company (besloten vennootschap, BV) is the limited liability which this legal from offers.

 

This means the company itself is liable for any future debts and not you personally. You work under the company banner as the director.

 

You can establish a private limited company by yourself or with others.

 

The money is divided in shares and held by one or more shareholders. Although the financial onus is removed from you personally, you would still be responsible for certain financial aspects of the company. If you are the majority shareholder of the company, you would for instance have to sign the contract with the bank if you wanted to take out a loan. This means that you would be responsible for the repayment of the loan.

 

Besloten Vennootschap (usually abbreviated bv) is the Dutch terminology for a private limited liability company. The company is owned by shareholders, and the company's shares are privately registered and not freely transferable. The phrase means "secluded partnership" or "private partnership" and it is the most common form of enterprise in the Netherlands.

In Belgium, the term Besloten Vennootschap met Beperkte Aansprakelijkheid (BVBA) is used as legal term, which stands for private company with limited liability.

A BV may be created by one or more individuals or legal entities, Dutch or foreign, with a minimum paid in capital of €0,01. A deed of incorporation is executed and filed. The deed must be in Dutch. It must contains details of the incorporators, and of the initial Members of the Board, their amounts of participation and payments of initial capital. The deed also contains the Articles of Association, consisting of at least:

the company name (which must begin or end with "B.V.")

the city where the company has its registered seat

the purpose of the company

the authorized capital in Euros and its division in shares

the conditions for share transfer

The authorized capital is the maximum capital that may subsequently be issued without altering the Articles of Association; it may be up to a maximum of five times the initial capital.

 

The private limited liability company (B.V.) is a flexible form of company.

The B.V. is a company similar to the N.V. The main differences with the N.V. are:

 

• The B.V. has registered shares only;

• The articles of association can determine that the shareholders can be held liable for the debts of the B.V.;

• The articles of association of the B.V. can contain a different manner for dissolution of the company;

• If it is envisaged that preferential rights be attached to shares, such should be provided for in the articles of association of the B.V.;

• There is no distinctive financial regime such as for the “large” N.V.;

• On the initiative of an individual shareholder, shareholders' meetings for the B.V. can be convened;

• The possibility of an independent supervisory board does not exist for the B.V.; and

• The B.V. can be organized that it is “managed by shareholders”: no distinction is made between shareholders and managing director as corporate bodies.

 

The option of a company “managed by shareholders” has been introduced for the B.V. This form of the B.V. does not have a board of managing directors as a separate corporate body. The joint shareholders or the sole shareholder act as management, which simplifies the taking of corporate action and the management of this type of company in general. Since no managing directors have been appointed as such, there are no formalities of appointment, suspension, and dismissal of managing directors, nor is there a difference between shareholders’ meetings and board meetings in this case. The shareholders may determine the details of the way in which they will manage the company and the division of tasks mutually agreed upon in a shareholders’ agreement. Using this type of company, a legal concept can be created that resembles the partnership (commanditaire vennootschap), the general partnership (maatschap), or the limited partnership (vennootschap onder firma) and at the same time benefits from the facts that, as opposed to partnerships, this company managed by shareholders is a legal entity with the ability to act, sue and be sued in its own name. The shareholders are only liable for such company’s debts up to the amount to be paid on those shares (if any).

 

Company formation

NL company formation for overseas residents

Dutch Office provide full incorporation packages. To create or setup an European (Dutch) business or foundation with another word in addition to European company formation, we offer all related services, such as registration foe VAT number, registering to Chamber of Commerce, the creation of bank accounts, virtual offices, or accounting services.

Each client will receive a consultant for guiding and business formation. All your inquiries regarding the form of your business, migrantion, work permission, residency and also questions about seretary services will be provided by personal consultant. This to assist you in the best way, and to save you money. You start minimizing your cost when you join the Dutch office for company formation.

Call to cellphone: +31-649649474

 

How to incorporate a B.V. (BV = LLC)

 

The Dutch B.V. (hereinafter: "BV') is the most frequently used legal entity in the Netherlands for conducting business activities.

 

Dutch company law has changed effective as per 1 October 2012. As a result thereof the procedure to incorporate a BV has been strongly simplified and the cost of incorporation have significantly reduced. For instance, there is no longer a minimum capital requirement and also the requirement to provide for a bank statement upon incorporation has been abolished.

 

Moreover, the BV is still one of the most popular entities to be used as a holding, financing or royalty company in international structures.

 

With the abolishment of the obligatory "blocking clause" on 1 October 2012, the BV will also be a very suitable legal form for an investment fund.

 

Below we will elaborate on the incorporation procedure of a Dutch BV and the services which we can provide to you in this respect.

 

You can find the following information on this webpage:

 

Legal form of a Dutch BV

Substance requirements for a Dutch BV

Involvement public notary

Minimum capital requirement for a Dutch BV

Pre-incorporation period

The incorporation procedure of a Dutch BV

Identification

Opening bank account

Time frame for the incorporation of a Dutch BV

Registration of the BV in the Trade Register

Registration with tax authorities

Registration, administration and filing requirements of a Dutch BV

Cost of incorporation

Dutch Office guide and assists you through the incorporation process.

 

Legal form of a Dutch BV

 

A "BV' is a private company with limited liability; in Dutch: "Besloten Vennootschap met operate aansprakelijkheid". In comparison to other jurisdictions, the BV has similar features as the German "GmbH", the American "LLC", or the English "Ltd".

 

The BV has legal personality and it has an equity divided into shares.

 

A BV can only have registered shares, but these shares can be freely transferable/traded freely (e.g. since 1 October 2012 transfer restrictions are no longer obligatory).

 

The shareholders of a BV are - in general - not personally liable for acts performed in the name or on behalf of the BV, nor can they be obliged to make more funds available than that part of the capital for which they have subscribed.

 

Statutory directors can be held liable for acts of bad management. Since 1 October 2012 statutory directors may also be held liable if the BV makes a distribution of reserves (dividend) or paid in capital and the BV cannot comply to its financial obligations in the year following the distribution.

 

BVs are allowed to denominate their share capital in another currency than the euro.

 

Special classes of shares are possible, and shares without voting rights or profit rights may be issued.

 

Substance requirement for a Dutch BV

 

There are no legal requirements for a BV to have substance in the Netherlands. The only legal requirement is is that the BV has a registered address.

 

From a tax perspective, it is highly recommendable to have at least a Dutch registered address and a majority of Dutch resident directors. This is generally perceived as the minimum substance requirement to qualify for treaty benefits.

 

There are parties in the marketplace which offer domiciliation (registered address) and management services (statutory directors). They can also provide regular bookkeeping services and on-going legal support. ("Management and Trust Services").

 

We have an extensive network of professional and reliable service providers in the Netherlands and the other EU states which render the aforementioned services. We only work with parties who have experience with the international business practice and have proven to deliver quality for the money. We can refer you to suitable parties or coordinate their input if you prefer.

 

Involvement public notary

 

The incorporation procedure of a BV requires the involvement of a Dutch public notary.

 

Under normal circumstances, the incorporation can be done by proxy so that personal attendance of the directors or shareholders is not required.

 

We have special arrangements with public notaries for the incorporation of (standard) BV’s, based on fixed prices. We have agreed on “standard” articles of incorporation which provide all standard provisions suitable for acting as an international trading, holding or financing company.

 

The articles will be (and must be) drafted in the Dutch language, but we will provide a translation into English.

 

Minimum capital requirement for a Dutch BV

 

The minimum capital requirement for a Dutch BV has been abolished per 1 October 2012.

 

Pre-incorporation period

As soon as the incorporation procedure is started up, it is already possible to do business in the name of the BV. The BV should then however first be registered as a "BV in incorporation" with the Chamber of Commerce. Until the incorporation procedure is completed the "BV in incorporation" is, in fact, a branch/partnership of the incorporator(s).

 

On incorporation, the company must ratify all the transactions the founders entered into in the pre-incorporation period. The directors/incorporators are personally and jointly liable for acts performed during the pre-incorporation period until ratification by the BV.

 

The incorporation procedure of a Dutch BV

 

The following steps are required to incorporate the BV:

 

Step 1: Fee proposal and confirmation fee quote

 

Please contact us if you wish to incorporate a BV. You can use our contact form for this purpose or send an email to formations@dutchoffice.eu.

 

On the basis of your specific wishes and requirements, we will issue a fixed fee quote for the turnkey deliverance of the BV.

 

Before we can start up the incorporation process we will need confirmation that you agree with our fee quote. This can be done by return e-mail.

 

For UBO clearance, we will need to receive information and documentation on the party which we should consider our client. Usually this is the incorporator of the BV. If so, the information and documentation required for the incorporation will cover our needs in this respect.

 

Upon receipt of your approval, we will ask you to pay a retainer fee as an advance on the work to be done by us and the public notary. After receipt of this retainer fee, we will proceed with step 2.

 

Step 2: Request for required information and documentation

 

We will provide you with a list of information and documentation required to start up the incorporation process.

 

Step 3: Provide draft Powers of Attorney and sign off of incorporation documents

 

After we have processed the required information we will provide you with draft articles of incorporation of the BV and the forms and documents which will need to be provided by you for completion of the incorporation.

 

We will provide you with these documents with the request to approve of the draft articles and to provide the other documents/and forms required.

 

Step 4: Completion of the incorporation

 

Upon receipt of your approval of the articles and the signed documents/forms referred to above, the BV will be incorporated.

 

Step 5: Registration with the Chamber of Commerce and the Dutch tax office

 

The final step of the incorporation process is the registration of the BV with the Chamber of Commerce and the tax authorities

 

Identification

 

We will require legalized copies of the passports of the future directors of the BV and the incorporator(s) if individuals.If the incorporator and future director are individuals, the legalization can be done at the office of the public notary. If the incorporation is to be done remotely, a third party will need to legalize the documents.

 

If the incorporator is a corporation, we will require a legal opinion on the existence of this corporation and the person (director) representing the corporation.

 

Opening bank account

 

For a BV, no minimum capital requirement applies anymore, and hence, the BV does from a legal perspective no longer require a (Dutch) bank account.

 

If you prefer the BV to have a bank account upon incorporation, the following procedure can be followed.

 

Once the articles of incorporation are approved by you the BV can be registered with the Chamber of Commerce as a "BV in incorporation" ("BV in oprichting" or "BV i.o"). As soon as the BV i.o. is registered with the Chamber of Commerce, the incorporator/directors can open a bank account for the BV i.o. In the meantime, the incorporation can be completed.

 

During the last couple of years, banks have become more stringent with regard to the procedure for opening a bank account. It is required that the directors/incorporators attend to the bank in person, identify themselves and fill out the necessary forms.

 

We have good contacts with the major international banks in the Netherlands (like ING, ABN-AMRO, Rabobank, Deutsche Bank)) and we can coordinate this procedure for you.

 

Time frame for the incorporation of a Dutch BV

 

The total incorporation procedure for a Dutch BV can normally be completed in a couple of days.

 

For the entire procedure, including the gathering of necessary information and documentation, in our experience you should consider a period of one to two weeks. We emphasize that an accelerated procedure is possible.

 

As an alternative for an incorporation procedure, one may consider acquiring a shelf company.

 

Registration of the BV in the Trade Register

Upon incorporation, the BV will be registered in the Trade register of the Chamber of Commerce.

 

The Chamber of Commerce keeps the Trade Register, which contains information about all BVs (and other business entities) incorporated and/or registered in the Netherlands, like statutory name, date of incorporation, registered address, name and authority of directors.

 

It is noted that also the name and address of 100% shareholders is included in the Trade Register. If it is not desired to disclose the identity of the shareholder, it is recommendable to arrange for shares to be held by a Dutch or foreign third party.

 

The information in the Trade Register is freely accessible by the public. In day to day business, the Trade Register is an important source of information for possible business partners and it is common practice in the Netherlands that the Trade Register is consulted before doing business.

 

Registration with tax authorities

 

The B.V. needs to be registered with the Dutch tax authorities and also with the social insurance office if any employees are to be hired. The tax registration will, in essence, be done automatically with the first registration of the BV with the Chamber of Commerce. We can monitor this process for you to ensure proper registration.

 

Registration, administration and filing requirements of a Dutch BV

 

In essence, every Dutch BV has the ongoing obligation to keep and maintain an administration, to register for tax purposes and to file periodical tax returns.

 

The administration forms the basis for the preparation of the annual financial statements according to Dutch GAAP. After the end of the year, the General Meeting of Shareholders should approve of the Financial Statements as presented by the board of directors and discharge the board for any liability in this respect.

 

An abbreviated version of the Financial Statements must be filed with the Dutch Chamber of Commerce for publication in the Trade Register.The Trade Register is accessible by the public.

 

It depends on the nature of the activities of the BV for which taxes the BV must be registered and which periodical tax returns need to be filed. Most BVs are subject to Dutch corporate income tax and VAT and if they have employees, Dutch wage tax.

 

We offer a full compliance package for foreign owned Dutch BVs.

 

Please feel free to contact us if you wish to receive a fee quote for the compliance services required for your BV. You can contact us via e-mail.

 

Cost of incorporation

 

The cost of incorporation depends on various parameters such as volume nominal capital, a number of incorporators/ directors, required special provisions in the articles, etc.

 

The cost of incorporating a standard BV is around € 1,500 to € 2,000 (VAT excluded).

 

We have trusted relationships with various public notaries. We only work with parties who have experience with the international business practice and have proven to deliver quality for the money. We can refer you to suitable parties or coordinate their input if you prefer.

 

What can we do for you? and How to proceed

 

We are engaged on a daily basis by non-residents (corporations and individuals) who want to incorporate a Dutch BV.

 

It usually starts with an inventory of the plans for the BV and the potential tax consequences and tax compliance requirements. Once the decision to set up the BV has been taken, we can arrange for proper fee quotes from the other parties whose involvement is a requirement (like a trust company for providing domiciliation and management services).

 

To the extent required we can further coordinate the input of other parties involved and make sure that the incorporation process goes smoothly and efficiently.

 

Once the BV has been set up we can monitor the tax registration and later handle the tax compliance such as the preparation and filing of VAT returns, the annual corporate income tax returns, etc.

Contact

dutchtradeoffice@gmail.com

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