Incorporate a Dutch Private Limited Company

The Netherlands is the most popular investment destination in Europe. The country’s economy is one of the most developed in the European Union, attracting many international entrepreneurs who feel at home in the Netherlands. They can take advantage of incentives provided by companies in emerging industries, such as research and development, financial technology, block chain and cryptocurrencies, and renewable energy

Regardless of the investor’s area of ​​activity, there are some steps that require legal requirements and other formalities to register a business form.

Non-mandatory but recommended non-legal procedures include the choice of structure type. Foreigners usually prefer to set up a limited liability company, which means "besloten vennootschap" or BV in Dutch.

What do international entrepreneurs need to build a PLC in the Netherlands?

When opening a Dutch company, international and local investors have the same rights. In fact, foreign entrepreneurs moving to the Netherlands can also benefit from certain tax incentives. Therefore, the authorities will not distinguish between locals and international citizens who are willing to establish a Dutch BV.

As mentioned earlier, there are voluntary measures for international investors who intend to conduct business in the Netherlands. This includes the execution of market research and preparation of a viable business plan so that the company can begin operations. Then, there are mandatory legal procedures.
 

Legal aspects of registering a Dutch PLC

The actual process of company registration in the relevant departments (ie the tax bureau and the business registry) is not complicated. First, you must prepare certain documents and choose a location that can be used as the company's location/registered address. Before registering, you must also appoint a company manager.

As a business owner, you must select the appropriate company name and submit it to the business registry. It is best to have 2-3 alternative names, one of which will become the brand name of your company.

First, you need to visit the Notary Office to draft and notarize the company registration documents of the company. These must be prepared in Dutch.

Then, you need to submit the reserved company name, company deed and passport copy for approval by the business registry. After successful approval, your company will receive a unique registration number and company registration certificate.

Further requirements after company registration

The business registration process does not end with the issuing company registration number. There are still a few steps to complete. As mentioned earlier, the company must also be registered with the tax office. Your next stop is there to obtain two registration numbers: tax and VAT. After issuing these numbers, your company is free to conduct business activities.

Another important aspect to consider when setting up a company in the Netherlands is a business license. The procedure depends on the scope of activity. There are different requirements and specific documents that need to be submitted to the competent authority handling specific areas of operation for approval. Fortunately, most programs can be completed online.

Local authorities are also helpful, and almost all necessary procedures can be completed online. Therefore, international entrepreneurs can register for BV in less than a week.