Company Registration Netherlands

Company registration Netherlands is a much sought after topic these days thanks to the countrys secure and flourishing economy and a business and investment policy that very conducive to all sorts of businesses. Many companies looking to move to Europe find that Netherlands is their destination of choice.

Types Of Companies
BeslotenVennootschap (B.V.) The B.V. is a limited liability company. This is the most common type requested for company registration in Netherlands. The minimum capital requirement is of 1EUR only. But it is necessary that every B.V. has a local office and at least one shareholder. NaamlozeVennootschap (N.V.) This is a joint stock company; perfect for investors who would like to set up a large-sized company .The requirement is a minimum share capital of 45,000 EUR. It is also required that an N.V. has one shareholder at least, a managing board as well as a supervisory board. In the case the capital is divisible into shares, which can be relocated to the public easily. Vennootschap Onder Firma (VOF) This type of company doesnt have a legal personality nor does it require a minimum share capital to be registered. This can be called a Dutch special partnership.

Company Registration Netherlands: The Procedure

You need to start by getting a no objection ruling from the Ministry of Justice in order to perform company registration in Netherlands. Once you have that, it is time to submit the required documents to complete company registration in Netherlands. Instead of doing it yourself, it is better idea to appoint a legal representative by power of attorney to carry out the registration and incorporation procedure on your behalf. Also, before starting the incorporation procedure, make sure that all the important documents, especially the notarys deed for company formation has been translated in the local, Dutch language. Additionally, the management structure for the new company is required to have at least one director; their nationality is of no consequence. Once the company registration Netherlands is underway, open a bank account for your company. This is important for tax purposes as all the companies in Netherlands are required to register for Tax purposes. It is obligatory that any organization who wants to set up a company in Netherlands has a registered office within the country for tax issues.

Other Important Information

When setting up a Dutch company, it is important that you pay special attention to selecting the appropriate name. If your company is named in a language other than Dutch, the regulatory authorities may request an official translation to ensure that your companys name abides by the local rules and regulations. The local government prohibits the use of some words that suggest backing and sponsorship of local or international governments. Also, ensure that your company has provided a local address during registration. This is important because all the government correspondence will be sent to this address. So all in all, you will need a valid company name, director and shareholder info, data on your proposed business activities in addition to identification documents in order to start company registration in Netherlands.