Updated: Nov 5, 2020
Are you ready to establish a joint venture in the Netherlands?
The Netherlands has one of the most resilient economies in Europe and has seen significant growth in recent years. The result of the booming economy is that Dutch people have more disposable income that they spend on more and more goods and services.
This creates a very favorable environment for businesses to pool their resources and establish a joint venture in Holland to take advantage of the wide range of opportunities the growing Dutch economy presents.
House of Companies consultants are experts in business development in the Netherlands and they can help you to identify specific opportunities and how to take advantage of these opportunities. Call one of our consultants now!
What is a joint venture?
A joint venture is an agreement between two or more businesses whereby they will pool their resources to further the same common business goal. The companies retain their individual identities but are responsible for the profits or losses accrued by the joint venture.
Types of joint ventures:
There are two types of joint ventures in the Netherlands — corporate and contractual.
Corporate joint ventures are between private or public companies or Dutch co-operatives
Contractual joint ventures are between partnerships or limited partnerships.
The main difference between the two from a legal point of view is that corporate joint ventures are formed between businesses with separate legal personalities, and these companies are thus subject to Dutch Company Law. On the other hand, partnerships that make up a contractual joint venture are not subject to this law.
Dutch companies and partnerships also have different requirements for accounting and reporting.
We are experts in Dutch company formation in we can help you find the best type of joint venture and all the regulations and requirements that go with it. We can offer you great advice about setting up a joint venture in the Netherlands. Call us now!
Requirements to establish a joint venture in the Netherlands
The main requirements to establish a joint venture in Holland are that all companies participating in the joint venture must be registered companies that are registered with the Dutch Chamber of Commerce.
Some joint ventures may be subject to the regulations of the Dutch Competition Act, while contractual joint ventures will be governed by Dutch contract law.
There are no commercial restrictions on joint ventures in the Netherlands regarding both business fields or duration. Note that should companies involved in the joint venture only be incorporated for a certain period of time, that period will also apply to the joint venture.
How do I set up a joint venture in the Netherlands?
Since participants in a joint venture need to be already-established businesses, the first thing you will have to do is your business, either a company such as a Dutch BV, or a sole proprietorship with the Dutch Trade Register.
Registration must include the mandatory NACE (Nomenclature of Economic Activities) number which varies depending on what goods or services you want to offer.
Once the registration process has been completed, the companies are free to enter into a joint venture.
All companies involved in the joint venture are subject to Dutch Company Law.
Certain corporate management and control requirements may apply. Speak to one of our expert consultants to find out more.
Frequently asked questions:
Do I require a license to operate a joint venture in the Netherlands?
No. However, certain types of businesses may require licenses and/or permits to operate. Speak to an INCOconsultant to find out more.
Why is The Netherlands such agood place to start a joint venture?
A moderately competitive market that allows small to medium businesses to thrive.
Well-educated and highly skilled population.
Attractive tax rates that draw a lot of investors to the Dutch joint venture markets.
The Netherlands has a very stable and resilient business environment.
Disposable income among Dutch citizens is rising, which means an increase in spending.
Near endless business opportunities.
Very favorable business environment.
How long does it take to establish a joint venture company in the Netherlands?
If the companies entering into a joint venture are already incorporated, then only a couple of days. If not, then starting a Dutch company usually takes between 2-5 days. In addition, some businesses may require certain licenses and/or permits to operate. This can make the process take a bit longer. Call us to find out more.
Can I start a joint venture in the Netherlands as anon-Dutch or EU citizen?
Yes. The Dutch government allows foreigners to start a Dutch company or bring their existing business from abroad. However, certain legal conditions apply.