Are you an expat, or SME, looking to start your business in the Netherlands? Business registration in the Netherlands can seem as a bureaucratic affair, but it's actually (also thanks to House of Companies) a streamlined process designed to welcome international entrepreneurs. With the right guidance, you can get familiar with the Dutch company formation requirements and set up your company with ease, opening doors to 10x your foreign turnover!
Its nice to know that foreigners are allowed to act as shareholder or director, and according to House of Companies, no residency permit is required! In fact, we can even help you to obtain a startup visa or residency permit. To start a business in the Netherlands as an expat, you need to understand the legal requirements. These include obtaining the necessary permits and visas to live and work in the country. Having said that: Foreigners can own 100% of the shares of a Dutch company, and can fully benfit from the double tax treaties and other tax incentives.
In this article, we will explore the process and requirements for foreigners looking to establish their own companies in the Netherlands. We'll guide you through understanding the legal framework, bureaucratic procedures, and the essential steps for starting a business in the Netherlands as a foreign national.
Overview of the Netherlands as a Business Hub
The Netherlands is a great place to start a branch, to grow your current business. It has good taxes, a strategic location in the European Union, and great infrastructure.
Foreign investors can use tax treaties to avoid paying tax twice. The Dutch government also offers incentives to attract foreign investment.
In short, the Netherlands is a good place for foreigners to start and run businesses. With the right knowledge, foreigners can open a company there and benefit from the business-friendly environment.
Advantages of Starting a Business in the Netherlands
Foreign owners interested in starting a business in the Netherlands can benefit from tax advantages. For instance, they can enjoy a tax exemption on profits from substantial shareholdings and various fiscal provisions. The country offers eligibility for foreign individuals and legal entities to establish a business, with popular legal structures being a private limited company (BV) or a public limited company (NV).
Legal Requirements for Foreigners Starting a Business in the Netherlands
Residence Permits
If you plan to stay in the Netherlands for more than three months, you'll likely need a residence permit. The type of permit depends on your situation and business plans. For entrepreneurs, there are several options:
• Self-employed entrepreneur permit: This allows you to establish an innovative business in the Netherlands. You'll need to meet specific requirements related to your experience, business plan, and potential contribution to the Dutch economy.
• Startup visa: This one-year permit is designed for ambitious entrepreneurs with innovative business ideas. You'll need a viable business plan and endorsement from a recognized Dutch startup organization.
House of Companies can connect you to a facilitator, and guide you through the whole startup visa application proces!
Process for Obtaining a Residence Permit
To get a residence permit in the Netherlands, a foreigner needs to apply at the Immigration and Naturalization Service (IND). During the application, they need to provide personal identification like a passport, proof of enough money to support themselves, and a valid reason for living in the Netherlands, like work, study, or family reunification. There are also fees and sometimes medical exams. The required documents and rules depend on the specific situation and how long they plan to stay.
Getting the permit can take a few weeks to a few months, so it's important to apply early.
Can a Foreigner Open a Company in Netherlands?
Yes! But lets dive into the details.
Legal Business Structure for Foreign Enterprises
Foreign companies wanting to open a business in the Netherlands need to think about legal structures l ike the private limited company or the branch office registration.
When starting your business in the Netherlands, selecting the appropriate legal structure is crucial. Your choice will impact liability, taxation, and operational flexibility. Let's explore three common options for expats:
A branch office is an extension of your existing foreign company. It's not a separate legal entity, which means your parent company remains fully liable for its debts and obligations. This structure is popular for companies testing the Dutch market. To register a branch office, you'll need to provide translated and legalized documents of your overseas company to the Dutch Chamber of Commerce (KVK).
Partnership (VOF)
A Vennootschap onder Firma (VOF) or general partnership is formed by two or more partners. Each partner contributes capital, goods, or labor to the business. No minimum capital is required, making it an accessible option. However, partners are personally liable for the partnership's debts. You'll need to register your VOF with the KVK and draft a partnership agreement outlining responsibilities and profit-sharing arrangements.
Out of 5.000 formations that House of Companies facilitated for global entrepreneurs, about 1 or 2 VOF's were registered. It's NOT comparable with the LLP in the UK, or the LLC in the US.
Private Limited Company (BV)
The Besloten Vennootschap (BV) is a popular choice for expats. It's a separate legal entity, limiting your personal liability to the amount invested. The BV structure offers credibility, especially for international business. To set up a BV, you'll need a notary to draft the articles of association and register with the KVK. While there's no minimum capital requirement, you must deposit at least €0.01 as starting capital.
Each structure has its pros and cons. Consider factors like liability protection, tax implications, and future growth plans when making your decision. Remember, you can always change your legal structure as your business evolves.
Registering with the Chamber of Commerce (KVK)
Registering your business with the Dutch Chamber of Commerce (KVK) is a crucial step in starting your Dutch business. This process officially recognizes your company in the Netherlands and sets you up for success in the Dutch market.
Required Documents
To register your business, you'll need to prepare several documents:
• Valid proof of identity (passport or ID card) • Business premises lease or purchase contract • Articles of Association (for certain legal structures) • Proof of company registration from your home country (if applicable)
For non-resident entrepreneurs, you may need to provide additional documents, such as a certified copy of your Memorandum of Association and a certificate of incumbency showing your appointed Board of Directors.
Online KvK Registration Process
The KVK has a outdated registration process, allowing you to start online, but ending up completing pdf's and sending letters via post:
Visit the KVK website and select the appropriate registration form based on your business structure.
Fill out the form with your company details, including your trade name and business activities.
Schedule an appointment at a KVK office to finalize your registration in person. (For a branch office registration, a personal visit is no longer an option at most KvK offices)
During your appointment, you'll present your documents, pay the registration fee, and receive your KVK number. This number is essential for conducting business in the Netherlands.
Remember, registering with the KVK automatically notifies the Dutch Tax Administration, so you don't need to register separately for tax purposes.
Trade Name Rules
In the Netherlands, your business name is officially called a 'trade name' (handelsnaam). The Trade Name Act protects these names and outlines specific rules you must follow. Your trade name should be honest and not mislead the public about your company's size or nature. For instance, if you're a sole proprietor, you can't use names like "Jansen & Partners" as it implies multiple owners.
Avoid using protected titles like 'bank', 'architect', or 'accountant' unless you're qualified. Similarly, don't use personal names of others or well-known brand names in your trade name. Your chosen name should be unique and distinguishable from existing companies, especially those in similar industries or areas.
Remember, your trade name rights arise through actual use, not just registration. However, registering with the Dutch Chamber of Commerce (KVK) is recommended as it helps provide evidence if disputes arise. House of Companies can also assist you to register your Trademark in Europa, at the EUIPO. We can even assist to apply for the subsidy, so you don't anything for your trademark registration.
Business Address Options
Every company in the Netherlands needs an address for registration in the commercial register(so-called statutory address). This address doesn't have to be where your main activities occur, but it must be a full, physical postal address with a dedicated space for your business, or a fully fledged reception desk of a business center that provides a flexidesk.
You have several options for your business address:
Traditional office space
Home office (if allowed by local regulations)
Virtual office services
Virtual office services can be a cost-effective solution, especially for expats or small businesses. They provide a professional address, mail handling, and sometimes meeting room facilities. This option can save on rent expenses while offering access to the Dutch market.
When registering your address, you'll need to provide proof of your right to use the location. Any changes to your business address must be reported to the KVK within a week to maintain compliance and avoid potential liability issues.
Obtaining Necessary Tax Numbers
When starting your Dutch business, you'll need to obtain essential tax numbers. These numbers are crucial for conducting business operations and fulfilling your tax obligations in the Netherlands. Let's explore the two main tax numbers you'll need to acquire.
VAT Number
As an entrepreneur in the Netherlands, you'll receive two numbers for Value Added Tax (VAT), known as BTW in Dutch:
VAT Identification Number (VAT ID): This number is used for all interactions with customers and suppliers. It demonstrates that you're a VAT-liable entrepreneur. You'll need to display this number on your letterhead, invoices, and website. The VAT ID follows this format: NL (country code) - 9 digits - Letter B - 2 digits (subnumber). For example, NL123456789B01.
Turnover Tax Number (OB number): This number is used exclusively for communication with the Dutch Tax Administration. You'll use it when writing letters or calling the Tax Telephone. The OB number consists of 9 digits (your Citizen Service Number if you're self-employed), followed by the letter B and a 2-digit subnumber.
To obtain these numbers, you typically don't need to apply separately. When you register your business with the Dutch Chamber of Commerce (KVK), they'll automatically send your details to the Tax Administration. Within 10 days, you'll receive your VAT numbers by post.
Income Tax Number
For income tax purposes, you'll use your Citizen Service Number (BSN) if you're a sole proprietor or partner in a partnership. If you've registered a private limited company (BV), you'll receive a separate tax number for corporate income tax.
Remember, these tax numbers are essential for starting your Dutch business and ensuring compliance with Dutch tax regulations. Keep them safe and use them appropriately in your business dealings and tax-related matters.
Opening a Dutch Business Bank Account
Opening a business bank account is a crucial step in starting your Dutch business. It helps you manage your finances effectively and comply with local regulations. To streamline this process, let's explore the required documents and popular banks for expats and SMEs in the Netherlands.
Required Documents
When applying for a business bank account, you'll typically need to provide:
• A valid passport or ID card
• Proof of address in the Netherlands
• Chamber of Commerce (KVK) registration extract
• Tax identification number (not always required!)
• Articles of association (for certain legal structures) • UBO (Ultimate Beneficial Owner) report
Some banks may require additional documents, such as a business plan or financial projections. It's best to check with your chosen bank for their specific requirements.
Popular Banks (or EMI) for Expats and SME's
Several banks in the Netherlands cater to expats and small businesses:
• ABN AMRO: Known for its expat-friendly services(not so much for SME without substance in NL), ABN AMRO offers English customer support and allows account opening without a BSN number in some cases.
• Bunq: A digital bank providing easy-to-use solutions for businesses, including real-time payments and customizable sub-accounts.
• ING: One of the largest banks in the Netherlands, offering a wide range of services for businesses of all sizes.
• Rabobank: A prominent Dutch bank with extensive experience in serving international clients.
• Revolut: Popular among expats, this mobile bank offers convenient currency exchange and international money transfer services.
When choosing a bank(EMI), consider factors such as fees, online banking capabilities, and support for international transactions. Some banks offer specialized services for startups and SMEs, which can be beneficial as you grow your business in the Netherlands.
Remember, opening a business bank account may take some time due to strict regulations. Be patient and provide all requested information to ensure a smooth process.
Understanding Dutch Business Regulations
When starting a business in the Netherlands, it's crucial to familiarize yourself with the country's business regulations. These rules ensure fair practices and protect both employers and employees. Let's explore two key aspects of Dutch business regulations: labor law and corporate law.
Labor Law; Employing Staff
Dutch employment law prioritizes strong worker protections. It covers various aspects of the employer-employee relationship, including work contracts, termination rights, work hours, and leave entitlements. As an employer, you must adhere to these regulations to maintain a compliant and fair workplace. Key points to consider when employing staff in the Netherlands include:
• Minimum Wage: Ensure your employees receive at least the national minimum wage, which varies based on age and working hours.
• Working Hours: Employees should not exceed 12 hours per shift or 60 hours per week, with specific rest period requirements.
• Leave Entitlements: Provide statutory vacation days and respect public holidays.
• Discrimination Prevention: Protect employees against discrimination based on characteristics such as religion, race, gender, and age.
• Health and Safety: Implement proper health and safety measures in the workplace.
Trade Name Rules
In the Netherlands, your business name is officially called a 'trade name' (handelsnaam). The Trade Name Act protects these names and outlines specific rules you must follow. Your trade name should be honest and not mislead the public about your company's size or nature. For instance, if you're a sole proprietor, you can't use names like "Jansen & Partners" as it implies multiple owners.
Avoid using protected titles like 'bank', 'architect', or 'accountant' unless you're qualified. Similarly, don't use personal names of others or well-known brand names in your trade name. Your chosen name should be unique and distinguishable from existing companies, especially those in similar industries or areas.
Remember, your trade name rights arise through actual use, not just registration. However, registering with the Dutch Chamber of Commerce (KVK) is recommended as it helps provide evidence if disputes arise.
Business Address Options
Every company in the Netherlands needs an address for registration in the commercial register. This address doesn't have to be where your main activities occur, but it must be a full, physical postal address with a dedicated space for your business.
You have several options for your business address:
Traditional office space
Home office (if allowed by local regulations)
Virtual office services
Virtual office services can be a cost-effective solution, especially for expats or small businesses. They provide a professional address, mail handling, and sometimes meeting room facilities. This option can save on rent expenses while offering access to the Dutch market.
When registering your address, you'll need to provide proof of your right to use the location. Any changes to your business address must be reported to the KVK within a week to maintain compliance and avoid potential liability issues.
Registering Your Business Structure
When starting your Dutch business, registering your chosen structure is a crucial step. The process varies depending on whether your company has a permanent establishment in the Netherlands. If you have a branch office, you'll need to register with the Netherlands Chamber of Commerce (KVK) and the Netherlands Tax Administration (Belastingdienst).
For foreign companies with a Dutch branch, registration with the Handelsregister (Dutch Business Register) is mandatory. The KVK will automatically share your details with the Tax Administration, streamlining the process. You can register either in person or through the online Message Box system.
BV Registration Process
Setting up a Dutch BV (Besloten Vennootschap) is a popular choice for entrepreneurs due to its streamlined business registration process. To incorporate a BV, you'll need to follow these steps:
Hire a civil-law notary to draw up the articles of association in a notarial deed.
Make a deposit of €0.01 starting capital (cash or in kind).
Register with the KVK's Business Register (usually done by the notary).
Register with the Netherlands Tax Administration (typically handled by the notary).
You can also set up a BV online using a digital notarial deed, eliminating the need for a physical visit to the notary. This option allows you to establish your company through a digital audio-video connection, making the process more convenient for non-residents.
It's important to note that you can start trading before fully setting up your private limited company by registering as a "BV in oprichting" (BV i.o.) with the KVK. However, be aware that you'll be personally liable for actions taken on behalf of the BV i.o. until the company is officially established.
Obtaining a KVK Number for a Branch Office
Obtaining a KVK number is a crucial step when establishing a branch office in the Netherlands. This unique identifier, issued by the Dutch Chamber of Commerce (Kamer van Koophandel), is essential for conducting business in the country. The process involves registering with the Dutch Commercial Register and providing necessary documentation.
Registration Process of your principal company
To register your branch office, you'll need to follow these steps:
Determine the legal form of your branch office.
Gather required documents, including identification for company directors and proof of address.
Create an account on the KVK website to access the online registration portal.
Fill in the registration form with accurate information about your branch office, including its name, address, activities, and ownership structure.
Pay the registration fee, which varies depending on your branch office's legal form.
Submit your application for review by the KVK.
Upon approval, you'll receive your 8-digit KVK number, which serves as your unique entrepreneur ID in the Netherlands.
Required Documents
When registering your branch office, you'll need to provide the following documents:
• Proof of company registration from your home country (no older than one month) • Certified copy of the Memorandum of Association • Certified copy of the Articles of Association • Certificate of incumbency showing the appointed Board of Directors • Power of attorney demonstrating your authority as the branch manager (in Dutch with original signatures)
These documents must be in Dutch, English, German, or French and certified as authentic copies or original documents. The KVK may request an apostille to confirm the authenticity of foreign public deeds.
Remember, you must register within one week of starting your business activities or up to three months in advance. Once registered, you're required to display your KVK number on all business communications, including letters, invoices, quotations, websites, and emails.
Home-Based Business Rules
Starting a business from home in the Netherlands is generally allowed, but regulations vary by municipality. Typically, you can use up to one-third of your house for business purposes, and your activities shouldn't cause inconvenience to neighbors. Advertising on the building is usually prohibited, and the business should primarily function as an office.
If you own the property, consider building an extra room for your business, but check if the local environment plan permits it. Keep in mind that this may affect your property's value and tax obligations. For VAT purposes, home-based businesses can use the same input tax deductions as other small businesses.
If you're considering a commercial space for your Dutch business, factors like accessibility, visibility, and cost are important. Research local market demographics and customer behavior to ensure your chosen location aligns with your business goals. Understanding zoning and regulatory requirements is crucial, as different areas may have specific restrictions or building codes.
Popular cities for starting a business in the Netherlands include Amsterdam, Rotterdam, and Utrecht. Each offers unique opportunities in various sectors. When choosing a city, consider factors like accessibility, availability of skilled workforce, and proximity to suppliers and customers.
Remember to register your business location with the Dutch Chamber of Commerce (KVK) and ensure you have the necessary permits for your specific business activities.
Hiring Employees in the Netherlands
When hiring your first employee in the Netherlands, consider these key points:
• Understand Dutch employment laws, including mandatory benefits like 20 holiday days annually and sick pay at 70% of the salary for up to two years.
• Familiarize yourself with the Dutch work culture, which values collaboration, open communication, and a flat organizational structure.
• Offer competitive salaries and benefits packages to attract top talent. Personal income taxes range from 37-49%, so factor this into your compensation plans.
• Consider using recruitment agencies to access pre-screened candidates, especially for specialized roles in IT, finance, or engineering.
• Utilize online job boards like Monsterboard and Nationale Vacaturebank to reach a wide pool of Dutch job seekers.
• For customer-facing roles, prioritize candidates with native-level Dutch language proficiency.
Planning to relocate a non-EU national to Holland? Consider the ICT permit!
The Intra-Corporate Transferee (ICT) permit is an excellent option for companies looking to transfer non-EU employees to their Dutch branch. This permit allows managers, specialists, and trainees to work in the Netherlands for up to three years (one year for trainees).
Key points about the ICT permit:
• It's applicable for transfers within the same company or group of companies.
• The employee must have worked for the company outside the EU for at least three months before the transfer.
• The salary must meet the market terms, typically aligning with the highly skilled migrant criteria.
• The permit also facilitates intra-EU mobility, allowing for short-term (up to 90 days) or long-term transfers to other EU countries.
By understanding these aspects of hiring in the Netherlands, you'll be better equipped to build a strong team and grow your Dutch business successfully.
Business Insurance for risky businesses
When starting your Dutch business, considering insurance options is crucial, especially for high-risk ventures. While not always mandatory, having the right coverage can protect your company from potential financial losses and legal issues.
Liability Insurance, not required, but does it hurt?
Business liability insurance, known as Bedrijfsaansprakelijkheidsverzekering (AVB) in Dutch, is a popular choice among entrepreneurs in the Netherlands. Over 90% of businesses, including freelancers and SMEs, opt for this coverage. It protects your company against damage caused by your work, products, or employees to others.
For instance, if an employee accidentally breaks a valuable item at a customer's premises or if someone slips and gets injured in your shop, liability insurance can cover the costs. While not generally mandatory, some clients, suppliers, or industry associations may require it.
A typical AVB policy can include coverage for: • Damage caused by your work or employees • Product-related damages • Damage to borrowed equipment • Damage to buildings
However, it's important to note that business liability insurance doesn't cover everything. Situations like giving incorrect advice, self-inflicted damage, or intentional harm are usually excluded.
Professional Indemnity Insurance
For businesses providing professional services or advice, Professional Indemnity Insurance (Beroepsaansprakelijkheidsverzekering or BAV) is essential. This coverage protects you if a client suffers financial loss due to your professional error or negligence.
Professional indemnity insurance is particularly crucial for: • Consultancy firms • IT companies • Accountants and tax consultants • Lawyers • Architects • Medical specialists
This insurance covers financial damages resulting from professional mistakes, including legal fees and compensation payments. However, it doesn't cover reputational damage.
While not mandatory for all professions, some fields like financial advisors, lawyers, and architects are legally required to have professional indemnity insurance. Many clients and government contracts also demand this coverage.
By understanding these insurance options, you can better protect your Dutch business from potential risks and liabilities.
Corporate law in the Netherlands outlines the responsibilities of directors and shareholders in a company. As a director, you have a duty of care towards the company and must act in its best interests.
Key responsibilities include:
• Long-term Value Creation: Develop a vision for the company's long-term value and formulate an appropriate strategy.
• Corporate Culture: Define and maintain company values that contribute to long-term value creation.
• Diversity: Implement a diversity policy for the composition of the management board and supervisory board.
• Reporting: Ensure proper financial reporting and timely filing of annual accounts.
• Conflict of Interest: Avoid conflicts of interest and disclose any potential conflicts to the board. Doing Business with a Dutch mindset
Understanding the Dutch business culture is crucial when starting your venture in the Netherlands. The Dutch approach to business is characterized by directness, efficiency, and a strong emphasis on work-life balance. These values shape the way Dutch professionals interact and conduct business.
Business Etiquette
In the Netherlands, business hierarchies are typically less formal compared to other countries. Dutch companies often have a flat organizational structure, where employees at all levels are encouraged to contribute their ideas and opinions. This open communication style extends to interactions with superiors, as it's common to address everyone by their first name.
When meeting Dutch business partners, punctuality is paramount. Arriving on time for appointments demonstrates respect and professionalism. If you're running late, it's essential to notify the person you're meeting and apologize for the delay. Additionally, the Dutch value structured agendas and efficient use of time during meetings.
Dress codes in Dutch businesses can vary depending on the industry. While some sectors maintain a conservative approach, others adopt a more business casual style. If you're unsure about the appropriate attire, it's perfectly acceptable to ask for clarification beforehand.
Networking Tips
Networking plays a vital role in building business relationships in the Netherlands. To make the most of networking opportunities, consider the following tips:
Attend industry-specific events, such as conferences, workshops, and seminars, to connect with professionals in your field.
Utilize online platforms like LinkedIn, which has a significant user base in the Netherlands, to expand your professional network.
Participate in local meetups and community gatherings focused on your area of expertise.
Don't hesitate to follow up with contacts after networking events to maintain and strengthen connections.
Be patient when building relationships, as the Dutch often prefer to establish trust over time.
By embracing the Dutch business mindset and following these networking tips, you'll be better equipped to navigate the commercial landscape and start your Dutch business successfully.
Ready to start your Dutch Business?
Starting a business in the Netherlands as an expat opens up a world of opportunities in a thriving and welcoming market. By understanding the legal requirements, choosing the right structure, and navigating the registration process, you're setting yourself up for success in this dynamic business landscape. Remember, the Dutch value efficiency, directness, and work-life balance, so embracing these cultural aspects can help you build strong professional relationships.
As you embark on your Dutch business journey, keep in mind the importance of compliance with local regulations and the benefits of networking to grow your enterprise. Start your Business in the Netherlands with House of Companies! At only 29 EUR per month you can get a local presence! 10x your foreign turnover! With the right preparation and mindset, you're well on your way to making your mark in the Dutch business world and achieving your entrepreneurial goals.
Financial Considerations for Foreign Owners
Setting Up Business Records and Accounting Systems
Setting up business records and accounting systems as a foreign-owned company in the Netherlands involves several necessary steps.
First, it's important to register the company with the Dutch Chamber of Commerce and obtain a VAT number.
Maintaining meticulous financial records and establishing a reliable accounting system is essential to ensure compliance with Dutch regulations and tax requirements.
The Dutch tax system can significantly impact the financial considerations for foreign owners establishing a business in the country.
Understanding the various tax implications, including corporate tax, dividend tax, and VAT, is important for proper financial planning.
Foreign-owned companies in the Netherlands have the option to pay taxes through various channels, such as electronic payment, direct debit, or engaging the services of a tax representative.
Special Provisions for EU, EFTA, and Border Region Entrepreneurs
Benefits for EU and EFTA Citizens Starting a Dutch Company
Starting a company in the Netherlands as an EU or EFTA citizen comes with several advantages:
Freedom to work and live in the Netherlands without a work permit
No requirement to register the business with the Dutch Immigration and Naturalisation Service
Access to special tax arrangements like the 30% ruling
Option for simplified border permit for residents of border regions
These benefits make the Netherlands a favorable business environment for EU and EFTA citizens, with specific provisions to facilitate company formation and operation.
One downside for EU citizens that live near the border of the Netherlands; It will be more difficult to obtain for the 30% ruling in case you plan to be relocated to the Netherlands(since you might not meet the distance-requirement)).
Final Checklist to start your business in the Netherlands
oreigners who do not have Dutch residency can still start a business in the Netherlands and act as director or shareholder. However, they are not allowed to work in the office, as an office manager, without residency permit. To start a Dutch sole propietorship a local residency will be required, since it implies local operations that require your personal involvement. A local TAX/BSN will also need to applied.
Foreigners can register various types of businesses, such as a private limited company , a sole proprietorship, or establish a branch of an existing foreign company without needing Dutch residency.
The process for registering a business in the Netherlands from abroad involves several steps:
Obtaining a visa if necessary
Registering the company at the Dutch Trade Register
Meeting legal and financial requirements, like providing a business plan and demonstrating sufficient funds.
Additionally, understanding the Dutch business environment and local regulations is important for foreign owners to navigate the process successfully.
FAQ
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How does a foreigner register a business in the Netherlands? To establish a company in the Netherlands as a foreign national, you need to enroll with the Dutch Business Register (Handelsregister). This process requires a valid Dutch address and a residence document. Additionally, if your stay exceeds four months, you will be required to obtain a citizen service number (BSN).
What is the timeframe for registering a business in the Netherlands? Registering a Dutch limited liability company (BV) typically takes between one to five working days if the deed of incorporation is filed in person. Additionally, registration with the local tax and social security authorities is necessary.
What advantages does registering a company in the Netherlands offer? Establishing a company in the Netherlands provides several benefits, such as attractive tax conditions for foreign investors, a streamlined business setup process, access to a skilled workforce, a strong innovation culture, and potential for significant investment.
What is the registration requirement for staying in the Netherlands? If your stay in the Netherlands is longer than four months, you are required to register a Dutch home address with the local municipality.
What are the Types of Companies that Foreigners Can Register
Foreigners interested in registering a company in the Netherlands have different business structures to choose from. These include sole proprietorship, partnership, private limited company, and public limited company. Each structure has specific requirements and restrictions for foreigners to consider.
For instance, non-resident foreigners can open a private limited company, but they must appoint a local director and have a physical office in the Netherlands. There are also options for foreigners without Dutch residency, such as applying for a startup visa or partnering with a resident. These options allow non-residents to establish a business presence in the Netherlands, contribute to the economy, and benefit from the business-friendly environment
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