Nedherlands flag

THE NETHERLANDS


Netherlands is a good jurisdiction for company registration. But it's also not as popular as it should be. The country has a good location that opens European markets. The Netherlands is also a reputable jurisdiction for many banking institutions. These are just the main aspects we want to highlight. Smart Startup UK's specialists can advise you more precisely about the suitability of this jurisdiction for your particular business.


Types of companies and legislation


If you have chosen the Netherlands to establish a company, you can do so in one of the following most common forms:

  • Partnership can be (a) general – the partners are independent and liable for their obligations in the joint business individually (a corporate contract is highly desirable here); (b) limited liability – there are (i) one or more general partners who are responsible for the day-to-day operations of the partnership and are fully liable for its debts and (ii) limited partners who are more investors in nature whose liability is limited only to the number of their contributions
  • Private limited liability company – an entity (i) where the liabilities of the shareholders are limited only to the number of their shares and (ii) without a minimum share capital requirement.
  • Public limited liability company – suitable for organizing a large business and requires 45,000 Euro share capital


    • The legislation in this jurisdiction was significantly amended in 2013. It makes it possible to register a company in the Netherlands within 2-4 weeks just in person or through your lawyer. The legislation has remained stable since then and this adds bonuses to the profile of this jurisdiction. All company information is stored in the Netherlands Commercial Register.


    Registration procedure


    Both foreign individuals and legal entities can open a company in the Netherlands. The procedure for establishing a company includes the following stages:

  • Choice of your future address and company name.
  • Formation of a set of documents: Memorandum and Articles of Association, corporate agreement (optional and recommended if you are going to establish a company together with your business partners), registration forms, information about the founders
  • Approach to a notary public for the preparation of documents.
  • Submission of a set of documents for registration in the Commercial Register of the Netherlands.
  • Obtain a tax identification number.
  • Opening a corporate bank account.


    • Why might the Netherlands be a good choice?


    After setting up a company in the Netherlands, you can enjoy the following benefits:

  • Developed economy and openness to the main European markets.
  • Zero currency control.
  • Abundance of DTTs (Double Taxation Agreements) – protect you from double taxation.
  • Transparent legal system.
  • Available Registration Value and Share Capital Requirements.


    • Tax system


    The tax system of the Netherlands is very flexible, with very favorable tax regimes for different operations. Here are the main highlights:

  • Corporate tax rate – 25%
  • VAT rate – 21%
  • Taxation of dividends – 15%
  • The preferential tax regime for companies that create IP products
  • No taxation of capital gains and royalties


    • The lawyers at Smart Startup UK can advise you in more detail about setting up a company in the Netherlands or any other jurisdiction you may find suitable for your business. We can arrange this registration process for you and are ready to discuss it with you.


    CREATE A COMPANY


  • Checking and saving a company name at the Dutch Chamber of Commerce (Kamer van Koophandel, KvK)
  • Registration of a company in the form of Besloten Vennootschap (B.V.), including state fees
  • Memorandum of Association
  • Obtaining a Dutch tax number
  • Preparation of the necessary decisions and the content of the statute
  • Company stamp
  • Opening a corporate bank account in the payment system
  • Opening a corporate bank account in a local bank ING Bank NV; ABN AMRO Bank NV
  • Issuing a VAT number
  • E-Herkenning registration
  • Free consultation
  • Help with online trading and opening an account at viva.com for online trading
  • Accounting services - 12 months
  • Annual renewal (payable from the second year)

    • *Within 20 days


    IMPORTANT! We can provide you with the initial share capital (if the amount is over EUR 5,000) for the registration of your company in the form of a loan from our company. Please, if you are interested, make an inquiry to us.


    What is the procedure!

    1. You submit a request for company registration using the request form.

    2. We check if the registration company name is free and eligible for registration.

    3. Choose a bank that suits your company's needs from a list of Smart Startup UK partner banks provided.

    4. We send you a proforma payment invoice to pay to our bank account + the initial capital amount of your company.

    5. You receive all necessary company documents for verification.

    6. You receive details of your newly opened bank account.

    7. In the specified period (for the Netherlands it is 20 days), you receive all the services included in the package.

    8. You can manage through our platform all the services included in the package, as our team works 24/7 and you can get help from us within up to 30 minutes. We have built an internal ticketing system for our customers through which we process your every support request.


    All services like management, accounting, request to open bank accounts, licensing, filing tax returns, paying taxes and more are done through your account on our platform, it makes it easy managing your business!