Open a company in the Netherlands. Netherlands

Netherlands, known to the world also like Holland - a state located in northwestern Europe, washed by the North Sea and occupying an area of ​​41.5 thousand km 2. Among the official possessions of the Netherlands are the island of Aruba (Caribbean Sea) and the Antilles.

The central part of the Netherlands is crossed by a waterway - the Rhine.

Given the fact that the Netherlands is a constitutional monarchy, the country is ruled by a monarch. But his power is nominal, his main functions are representative. Political and legislative decisions are made by the parliament and government of the Netherlands.

Administratively, the state is divided into provinces, there are 12 of them in total. As you know, the capital of the country is the city of Amsterdam. But the location of the main government bodies and representative offices is The Hague.

About 16 million people live in the Netherlands. Of these, more than 80% are Dutch. The share of other representatives from Europe is 5%.

As for the official language, there are two of them in Holland - Dutch and Frisian. The latter is used only by residents of the province of Friesland.

Christianity is the predominant religion in the Netherlands.

The official currency in the Netherlands is the euro.

Guests of the Netherlands celebrate general feeling comfort and friendliness of local residents as fundamental features of the image of this beautiful state.

Holland today is also very attractive in terms of investment. Many entrepreneurs seek to register a company in the Netherlands.

Company registration in the Netherlands. Main advantages.

Registering or buying a company in the Netherlands has become especially profitable since October 2012. The reason for this was changes in tax policy, as well as measures to simplify the registration procedure.

Let us highlight the main advantages that opening a company in the Netherlands (Holland) will bring.

• Attractive tax policy. For example, there is no tax on the profit of the holding, on income from royalties and from the payment of dividends. To obtain the right to work under such conditions, a special procedure is required.
• Advantageous location in Europe. Business in the Netherlands has access to European markets. And this is additional opportunity to expand import and export volumes.
• The international authority of the Netherlands, which obviously guarantees your company in Holland lasting trust from potential partners and consumers. It is significant that the world's most famous brands register their subsidiaries in the Netherlands.
• Constant introduction of innovations into the economy. Improvement of the Dutch economy, including technological ones, makes it possible to increase the efficiency of doing business in the Netherlands office.
• Beneficial cooperation with banks. Banks offer company owners special conditions cooperation. The Dutch banking system is characterized by the assignment of a network of banks to a specific area, for example, activities in agriculture.
• Reliability of the legal system. The owner of a company in the Netherlands is reliably protected in legal terms. The management of the company and its work are clearly stated in the laws. Therefore, a “foggy” reading of company documents is excluded.
• Convenience of concluding transactions with foreign investors.
• Possibility of avoiding double taxation.
• Availability of IP-Box service. Thus, the manufacturer of intellectual property products that are produced in the Netherlands has the opportunity to benefit from preferential tax treatment.
• Low size of the authorized capital. This advantage resulted from simplifications in the requirements for company registration in the Netherlands.

Forms of doing business. Business in Holland.

The following types of companies in the Netherlands are most interesting for an entrepreneur:

• Closed company with limited liability, B.V.;
• Public limited liability company, NV.

Company in Holland: features of registration and conduct of activities.

• The company name cannot be identical or similar to an existing one. It must not be misleading as to the scope of its activities, and cannot demonstrate affiliation with the Royal Family or the Dutch Government. It is necessary to include the abbreviations BV, NV or their full forms in the name.
• The minimum capital for BV is € 0.01. And at the time of registration you must pay at least one share. In the future it is planned to increase authorized capital.
• The minimum capital for NV is from € 225,000, € 45,000 (20%) must be paid upon registration.
• Issue of shares. BV and NV have the right to issue only registered shares. Possible release:

Priority shares vested with certain rights (they are indicated in the charter);

Preferred shares (give the shareholder the right to receive fixed dividends). The deed of transfer of shares must be notarized. A register of shareholders is maintained, and the directors are responsible for this. The register must contain information about the names, addresses of shareholders, the number of shares, sums paid, as well as information about the transfer, pledge, and use of shares.

• The number of directors and shareholders is at least one. Their citizenship and residency does not matter. The sole shareholder can also be a director.

• The personal presence of the founder at the document signing procedure is not required. It is enough to have your own representative who has been issued a power of attorney. You can also act through the service of a nominee holder.
• Information about the directors and shareholders of the company is contained in the act of incorporation of the company in the Netherlands, such data is available to third parties.
• A company with more than one shareholder is governed by a Board of Directors.
• Nominee shareholders and directors are permitted.
• All changes occurring in the shareholder structure must be notarized.
• Nominee directors issue powers of attorney only for specific transactions.
• No secretary required.
• The registered address must be in the Netherlands.
• It is possible to transform an NV company into a BV, as well as vice versa. To do this, you need to amend the charter in the form of a notarial deed, which must be certified by a Dutch notary.

Taxes in the Netherlands.

A company in Holland (Netherlands) pays income tax in the amount of:

20% (for profits up to € 200,000),

25% (if profit exceeds €200,000).

Tax on dividends is paid at a rate of 15%, it does not matter whether they are received by a resident or a non-resident. The conclusion of an agreement on the avoidance of double taxation will further reduce the rate. This tax can be offset at source by the resident shareholder against personal as well as corporate tax liabilities. Withholding tax for non-resident shareholders is final.

Capital gains tax – 0%.

Stamp duty – 0%.

Interest tax on dividends and royalties is 0%.

VAT – 21% (general rate), 6% and 0% (preferential rates).

Accounting in the Netherlands.

Change financial statements is a mandatory requirement. All financial reports are kept in the company's Dutch office.

In general, companies in the Netherlands rent out:

Balance sheet and income statement with notes;

Traffic report Money;

Directors' report (unless there is a statutory exemption);

Reports on incidents that could or have affected the financial condition of the company.

Registering or buying a company in the Netherlands (Holland) is now easy. Registration of companies (including offshore companies) is one of the main activities of our company. With us, registering a company in the Netherlands (Holland) will be quick and efficient!

To open a company in the Netherlands, you may need extra effort, if you are not a native speaker and do not know the language. This, of course, should not hinder the expansion of opportunities for opening a company in Holland. Our firm offers you the assistance you need to open and run a business.

We have helped many foreigners successfully complete the procedure for opening a company in Holland. We ensure that company formation is carried out in accordance with local regulations. Whenever possible, we help and try to obtain appropriate subsidies and permits.

You are not sure about legal form Which one suits your company best? If you want to open a company in the Netherlands, we can help you by explaining the relevant obligations and taxes levied for different entities.

Open a Dutch company as a foreigner

The Netherlands is open to entrepreneurs from all over the world starting a business as a foreign person. For hundreds of years, the well-being of our country depended on international business. This is why, in addition to Dutch speakers, all local residents speak English.

You are not required to come to the country to start a business in the Netherlands as a foreigner. The procedure is surprisingly simple.

All you need to do is complete a short checklist, send us a copy of your identity document and proof of your permanent address. We will cover all other details necessary to open your company in the Netherlands as a foreign entity.

In addition, we provide following services related to opening a Dutch company as a foreigner:

• Open a bank account for a company (remotely)
• Obtaining a value added tax number
• Secretarial services
• Accounting services
• Tax services

Why choose the Netherlands?

Independent businesses represent the backbone of the country's economy: numerous owners of small and medium-sized companies, called "Midden en Klein bedrijf" (MKB-ers), choose to open a company in the Netherlands.

In the EU and international institutions such as the UN, WTO and World Bank, such enterprises are classified as Small and Medium Enterprises/Enterprises (SME/SMB). This term is usually abbreviated as SME. These businesses are easy to open in Holland.

The Netherlands values ​​the economic contribution of entrepreneurs and supports business owners when opening a company in the Netherlands. In 1996, the Dutch Ministry of Economic Affairs (Ministry van Ekonomish Zaken) took steps to help SMEs enter the export market. The country offers favorable conditions For small companies. Please explore our website and feel free to contact us for more information.

What kind of company should I form in the Netherlands?

Most foreign entrepreneurs start a Dutch BV in the Netherlands. The reason for this is that a Dutch BV does not require you to be a resident of the Netherlands to form a company. And the Dutch BV is limited, so if the company goes bankrupt you have no personal liability.

The types of companies in the Netherlands consist of:

• Private limited company - Dutch BV (Ltd or Inc)
• Open Joint-Stock Company- Dutch BV (plc or Corp)
• Foundations (Stichting)
• Private company as individual employee (Eenmanszaak)
• Private partnerships
• Cooperation and unification

Business registration KvK (Chamber of Commerce)

All companies established in the Netherlands must be registered in . With a Dutch BV the procedure is as follows;

1. You prepare the appropriate documentation to send to your incorporated agent.
2. Your incorporation agent reviews the documents and checks for the presence of the company name
3. Your incorporation agent will send the documents to a specialized notary
4. The notary public includes your Dutch BV
5. Public notary publishes deeds in the Chamber of Commerce and Industry
6. Your company will have a KvK number and can be found in the trade register
7. You or your incorporation agent apply for a Dutch business bank account
8. You pay share capital at the expense of the company
9. The company is fully formed and your accountant or registration agent can apply for a VAT number

Income tax in the Netherlands

It is always recommended that your company is registered with the Dutch tax authority. The Netherlands has one of the most low rates corporate tax in Europe at a basic rate of 20% (up to profits of EUR 200,000 and 25% at a higher rate). The tax rate will decrease in the coming years.

You can also deduct expenses related to your work, such as transportation, office, accounting, marketing, sales, personnel... etc. Corporation tax only needs to be paid on profits. Thus, the amount remaining after turnover minus the cost.

Example:
Imagine a company with the following result in a year.
Turnover EUR 100,000 per year
Cost EUR - 90,000
EUR 10,000 profit, corporate tax of 20% must be paid on this profit

General corporate tax: EUR 2.000 (20% of 10.000)

VAT (BTW)
Most businesses will have to charge VAT (value added tax) on all services or products they sell in the Netherlands. Businesses collect this 21% on top of their sales prices and will be paid at tax office quarterly. VAT is not mandatory for business owners, only for consumers. Business owners only charge tax.

You can claim back the VAT you paid on the investment and the value of your company.

The main VAT rate is 21%, the lower VAT rate will be 9% from January 1, 2019. And for certain services a 0% VAT rate applies. For imports and exports or transactions between EU countries, a reverse rate of 0% applies.

How does the VAT system work?

When you invoice your clients for services or products, you need to add 21% vat on top of the fee. The additional amount must be reserved by you, since you are required to pay this VAT to the tax office quarterly.

• Your accountant will calculate VAT every quarter and you will remit the amount of VAT you have collected.
• You can deduct VAT you have already paid when you buy services, pay rent or buy equipment for your company
• You must submit and pay quarterly VAT on time

Calculation wages tax
A company with employees must deduct payroll taxes from employees' wages. The employer keeps these funds separately and sends them to the tax authorities every month.

Business management

In the Netherlands, you can keep your accounting records on paper or digitally. Records must be kept for 5 to 7 years. Your financial accounting includes

• Invoices sent by you
• Invoices you have received
• Bank statements
• Agreements and contracts
• Receipts of small expenses

Your accountant will process these transactions and prepare your quarterly tax documents, your annual company tax income and your annual report.

The annual report will be sent by the accountant to the Chamber of Commerce and Industry, where the numbers will be published in the company register.

Work permit and visa
You don't need local residency to get started in the Netherlands. However, if you want to work in the Netherlands, you will need a valid work visa. All citizens from Europe and most of Europe can live and work in the Netherlands. There are no borders between European Schengen countries.

If you are outside the EU or EEA, you will need to apply for a residence permit or possibly a work permit.

Self visa
The Netherlands has a special visa program for self-employed people. This visa application has a point system in which minimal amount points are required to obtain a residence permit.

The most important criteria for individual work are

• Higher education (bachelor's level or higher) for the main applicant or his/her life partner.
• Experience of either the main applicant or his/her life partner (Entrepreneurship, work experience)
• The company must be in the interests of the Netherlands.
• Do you have an active Dutch company BV
• You will receive sufficient income
• A very thorough business plan. A business plan specialist can help you with your business plan. Turkish citizens or long-term residents of another European country have a simplified procedure, they do not need to score points.

Special rules apply to Americans and Japanese citizens who have signed friendship treaties with the Netherlands.

The IND application fee is approximately €1,300. This does not include legal fees and business plan fees.

Economy of the Netherlands

The Netherlands has a very long history as a trading nation and a very stable economy. The main industry in the Netherlands is food industry. The Netherlands also has large financial, import and export, logistics, oil and gas, mechanical engineering, electrical and chemical industries.

In recent decades, many foreign traders have opened a company in the Netherlands, which has contributed to economic growth. Many of the foreign traders are trading or manufacturing businesses.

The Netherlands was awarded 3rd place as " Best country for business 2018” Forbes Index. High personal freedom, a focus on innovation, clear legislation and the absence of corruption contribute to success. The Netherlands is a founding member of the European Union and its main currency is the euro.

The Port of Rotterdam is considered the gateway to Europe because most of international maritime trade between Europe and other major ports passes through Rotterdam. The Dutch trading mentality means they excel at English language. And you could easily run a business without speaking a word of Dutch. This positions the Netherlands as an excellent jurisdiction for European markets.

Frequently asked questions about opening a Dutch company

1. Can I, as a foreigner, start a company in the Netherlands?
   Yes, foreign citizens can register a company in the Netherlands.
2. Does the company need to be based in the Netherlands?
   Yes, a Dutch company must have an official registered address in the Netherlands. However, you can open a Dutch company as a subsidiary of a foreign holding company.

1. What type of company do I need?
   90% of all foreign businessmen start a Dutch BV in the Netherlands. This is in almost all cases best type companies.

1. How much do you need to contribute to the company?
   The minimum share capital is €1 (100 shares €0.01). This is the total amount for the share capital of the BV.

1. In the past I believe that the share capital of the Dutch BV was € 18.000?
   That's right, the Netherlands changed this requirement in 2012 to make it easier for foreign entrepreneurs to open a company in the Netherlands

Why use ICS to incorporate a Dutch company?

Operating since 2013, our company has helped hundreds of clients from 30+ countries set up their business in the Netherlands. Our clients range from small business owners opening their first company to multinational corporations opening a subsidiary in the Netherlands.

advantages

• Free initial consultation
• We included and helped 100 companies
• We provide all the services you need to get started in the Netherlands, from company formation to bank account opening, secretarial services, wat application and accounting
• We take care of the entire procedure from start to finish, you don't need to worry about turning on
• We have local know-how and skills

Associations and memberships

We constantly improve our quality standards by providing impeccable services.

Over the past few years, Holland has finally recovered from the global financial crisis at the end of the last decade and today the country's GDP shows a stable positive dynamics. In terms of economic size, the Kingdom of the Netherlands ranks sixth place in the European Union. Moreover, both industry and agriculture are equally well developed.

No wonder business in Holland attracts investors from different corners planets. The country has access to the sea and borders Germany and Belgium. In terms of export volume it ranks 9th in the world. In addition to border states, the main flow of goods is directed to Great Britain and France. And in principle, the development of trade relations with European countries is at the highest level. In 2019, unemployment is around 3.5% and inflation is 2%.

To conduct an effective business in Holland, do not forget to familiarize yourself with the peculiarities of the local business culture and the mentality of the Dutch. As you know, this is one of the most free, democratic and law-abiding nations. Many things, such as corruption and other illegal activities, are unacceptable in this country.

Procedure and cost of registering a company in Holland

According to the agency Doing Business in 2019, out of 190 countries in the world in terms of accessibility to starting a business, Holland ranks 36th place . IN general outline The steps for registering a company are as follows:

Choosing a unique company name that complies with local law " About trading"and the requirements of the Chamber of Commerce and Industry (hereinafter referred to as the Chamber of Commerce and Industry) of Holland. The procedure is free.

Notarization of the Company Incorporation Act. The cost of services depends on the notary, on average about 1750 euros.

Registration of a company with the Chamber of Commerce and Industry and receipt registration number. Done online within a few hours, or by mail or in person, in which case it may be necessary up to 5 days. Price 50 euros.

Registration with tax authorities. Documents are submitted within a day, but the period for providing a certificate may take longer up to 1-1.5 months.

In case of hiring workers, registration with the social insurance service.

During and after registering a business in Holland, in most cases, you will need to use the services of local accountants, lawyers and auditors.

One of the main steps when registering a company in Holland, and even before initial stage creating a business is choosing the most effective form of ownership for future development. Local laws provide foreigners with a wide range of types of companies, almost on par with Dutch businessmen. Let's look at the most popular:

Private limited company (BV). There are no minimum requirements for the authorized capital; previously (before 2012) at least 18 thousand euros were provided. Shareholders are liable to the extent of their personal contributions. Owners of more than 5% of shares are given additional obligations, for example, in the form of payment of dividends or profits from the sale of securities.

General partnership (VOF). Involves the joint conduct of business by several persons. Usually a special agreement is drawn up that regulates the shares of deposits, distribution of income and other obligations of the partners.

Individual entrepreneur (Eenmanszaak). As a rule, the activity is carried out by one person, although employees are allowed. Responsibility for the company's obligations is fully transferred to the property of the owner.

In addition to the above forms of ownership, foreign businessmen can create funds, cooperatives, branches of foreign companies, associations, partnerships and corporations in Holland. It all depends on your professional goals and the amount of investment.

Taxes in Holland in 2019

The Netherlands has a fairly flexible tax system, in particular, a progressive scale is used income tax, many different rates depending on the scale of the business, types of activities, and so on. To optimize the process of calculating and paying taxes, a foreign entrepreneur will most likely have to use the services of local consultants or hire a specialized employee on staff.

Basic tax rates in Holland in 2019

Corporate income tax- 24.3% (from January 1, 2019). For companies carrying out innovative activity, with an annual income of less than 200 thousand euros, the rate is 19%.

VAT. The basic rate is 21%. Reduced rates - 0 and 9% apply, for example, for food products, pharmaceutical products, printed publications and some other services.

Tax on dividends - 15%

Income tax. Progressive rates depending on annual income level:

• Up to 20,384 euros - 36.65%
• From 20,384 to 68,507 euros - 38.10%
• More than 68,507 euros - 51.75%

General social insurance rate (per employee) - 27,65%

WITH big amount The countries of the Netherlands have signed agreements on the avoidance of double taxation and cooperation in the search for tax evaders.

Active involvement in trade relations with the most powerful economies of the European Union, such as Germany and France, allows foreign businessmen in Holland to reach large markets with high purchasing demand from local residents. Actually, the Dutch territory is considered one of the most densely populated in Europe. In 2019, the population of the Netherlands was approx. 17.1 million people. These are all potential consumers of goods and services with high level income.

On the other hand, competition in various niches is also very high. It is not at all possible to break into some areas. The food industry is considered the most attractive area for foreigners to open a business in Holland. The country occupies a leading position in the world in terms of agricultural exports. Other manufacturing sectors - mechanical engineering, oil and chemical industries - are also in great demand.

Today, opening various startup projects in Holland is becoming increasingly popular. In addition, local authorities do their best to stimulate young and talented foreign entrepreneurs in this field. Behind last years in Amsterdam alone, about 1,000 new start-up companies and several thousand investors were registered, and this in turn created hundreds of new jobs for Holland. Analysis of the local market, a good business idea and start-up capital are the main components for starting a business and subsequent immigration to the Netherlands.

The Netherlands or Holland is a small state in Europe. The area does not exceed 41.5 thousand square meters. km. The country has a population of less than 16 million. The official language is Dutch. Currency - EURO.

Official political system - a constitutional monarchy. The Constitution is written on the basis of.

The main types of state income: tourism, mechanical engineering, agricultural products, the banking sector with significant capital, the ability to borrow money low interest. The sources of funds are not controlled, with rare exceptions.

In Holland there is an established legislation and political system, there are no revolutions, and there is minimal risk of changing the economic direction of development. This makes the Netherlands one of the most attractive destinations.

The UraFinance company invites everyone to register or buy a company to do business internationally while paying minimal taxes and fees.

Offshore in the Netherlands: main factors

UraFinance draws attention to the following key points things to consider when opening a representative office in the country:

• Only 2 types of organizations are legally permitted: a limited liability company (BV) and a limited liability partnership (CV).

Private limited company

You can register a company with type BV if the following conditions are met:

• the minimum authorized capital is 0.01 EURO; - company in mandatory must have an office in the country through which registration was made;
• The issue of shares is permitted: ordinary, preferred, with and without voting rights;
• can decide to create a company sole founder or shareholder. The director must be a resident of any EU country. Nominee directors and shareholders can be appointed. Signs with the nominee director general power of attorney regulating the list of permitted actions with the property and shares of the owner of the company;
• The location of shareholder meetings is not regulated by law. There is no need to provide reporting regarding company decisions, hiring of directors, development or curtailment of activities.

Buy a company in the Netherlands: Income tax

Offshore companies in the Netherlands usually pay up to 25% of the profit received to the budget. If the amount of income does not exceed 200,000 EUROS, the tax rate is reduced to 20%. VAT rate is 21%. You can get a tax exemption in the following situations:

• the company owns at least 5% of another company, provided that it pays at least 10% tax on the profit received at the place of registration;
• investments in other enterprises make up no more than 50% of the total assets of a company registered as an offshore company.

Usage tax system The Netherlands is only possible if the director of the company is a resident or citizen of this country.

Business owners who are residents of the European Union do not pay tax on dividends. All others are required to pay 15% of total amount dividends received to the country's budget.

The rate can only be reduced if an agreement has been concluded between the Netherlands and the country where the owner of the shares is resident to avoid double taxation. Double taxation agreements have been signed with most countries in the world.

In 1996, a similar agreement was signed between the Russian Government and the Kingdom of the Netherlands.

UraFinance specialists are required to provide clients who decide to open a company in the Netherlands with the following information:

• Information about business owners is not provided to third parties under any circumstances. Anyone can obtain information about the director of a company. The data is in open access. The bank may provide information by court order if there are reasonable grounds to believe that the company is organized to finance criminal activities, arms or drug trafficking. Otherwise, the sources of funds and their volumes are not controlled;
• accounting and reporting is mandatory for all forms of ownership and types of activity;
• Documents can be stored in any country in the world at the discretion of the owner.

Registration of a company in the Netherlands: Information on legislation

Company registration in the Netherlands with UraFinance

UraFinance invites business owners to take advantage of all the advantages of working in the best European markets and gain access to the capital of the largest banks in the world. To do this, just contact the specialists of our company and register an offshore company in the Netherlands. You will be able to legally reduce the tax burden.

Contact UraFinance and in 1-2 weeks you will receive a package of documents allowing you to work in a country with legislation that is optimal for business. This will allow you to legally hold capital in European banks, make payments with minimal delays, and use the best credit products and programs.