Procedure for Incorporation of a Company in Netherlands
The Netherlands is famous for its stable and prosperous economy amongst foreign investors. The law here permits and encourages investors to open and flourish their business. Incorporating a company in Netherlands has lot of advantages like tax saving and support from the government. Including the entire process is fairly simple and uncomplicated.
The article gives you a broader perspective on the steps required to open a company in Netherlands:
Prerequisites before registration of public and private (Dutch BV) limited companies
Foremost step before incorporation of a company is to open a bank account and deposit the required capital there. After this, the bank after verification gives a certificate that the money transferred is used in the registration process. Secondly, selection of the name for the company plays an important role. The name has to be unique and appealing. To verify the same, owner of the company can check the name at the website of the Chamber of Commerce. You also have to submit the documents which contain the details of the owner and managing director of the company to the Ministry of Justice. After the approval, ministry gives the approval to the notary of the state. Civil law notary signs and drafts the deed for registration.
Registration process with the local tax authorities
A tax number is required for both public and private companies in Netherlands, which can be attained by sending a registration form to the local tax authorities. A separate registration application is sent by entrepreneurs for income tax.
Registration of the private(Dutch BV) and public limited companies with the Commercial Tax Register at the local Chamber of Commerce.
The owner of the Dutch Company, can personally visit the Chamber of Commerce to submit the application and can obtain the registration number in couple of hours. Or can send the application via e-mail and receive the registration number in a week.
The application form must contain approval from the ministry of justice, bank certificate that the capita has been deposited and the certified copies of the deed of incorporation.
Laws are same for nationals and foreign investors
The Dutch government has kept no disparity in laws for national and foreign incorporators. The laws remain the same for both. Due to this, the procedure for incorporation in Netherlands is available online and physical presence of the owners is not required.
In how much time, a company gets formed in Dutch land?
The minimum time in which a company can be incorporated in Netherlands is 10 days. However, tax authorities may take around a month and it might take around 2 weeks to get approval from the Ministry of Justice. Overall, the Dutch firm can b steady in about a month.
Nowadays, there are many companies which help in fast incorporation of your company in Netherlands. You can search these companies online and after checking their credentials, finalize one. These companies greatly help by taking care of every legal formality. They are also aware of all the new laws and guide you on procedures to save tax and incorporate a company with minimum hassle.
Anders A. Lund is an affluent writer with a vast and deep knowledge on financial matters. He recommends Dutch BV, for faster incorporation of a Dutch BV
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Category: Business
