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More and More Dutch start-ups

· Company Services,Trends,Company Formation

The number of new one man business in the Netherlands has increased for the third consecutive year this year. Most of these start-ups are one-of-a-kind businesses that are typically activated in business units such as construction, management consulting, and financial consulting, and are generally able to operate virtually any type of consulting service in the Netherlands. professional field.

The number of closures has been reduced

The first half of 2018 was good for a one man company in the Netherlands. These closures are small and there are no other people besides the person doing the business. Most start-ups in the Netherlands, whether successful or report to a bankrupt, can be found in the Building and Management Consulting Department. The number of start-ups closed in retail this year has fallen by more than 17%.

Compared with the same period of last year, the number of new openings in the first half of this year has increased. This has been facilitated by improved conditions in the Dutch real estate market and the reduction in VAT rates for self-employed people benefiting from residential repair and refurbishment projects.

Foreign and local investors in the Netherlands have multiple options when choosing the right form of business entity. A sole proprietorship has many advantages, but it is only suitable for small-scale businesses. This single company has almost no rules of operation and no tax on overall profits. Business owners must pay personal income tax and be responsible for all debts and obligations of the company. Alternatively, two Dutch investors can establish a partnership, which is a slightly more secure business structure, but the partners still have a shared responsibility for the company's activities.

For more information on Netherlands company types and how business owners can benefit from starting a business in the Netherlands, please contact our International Business Advisors.

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