There are different types of entities you can open in the Netherlands, according to the type of business you will perform. The main types of entities are incorporated business structures (rechtvormen met rechtspersoonlijkheid) for businessmen who have separate business and personal assets and who are protected from their business debts and unincorporated ones (rechtvormen zonder rechtspersoonlijkheid) for entrepreneurs who are responsible for their incomes and debts as there is no legal delimitation between their personal and their business assets.
1. The Dutch BV (limited liability company). This kind of company can be registered if you are interested in starting a business in the Netherlands, with a minimum share capital of 1 EUR, according to the recently amended Company Law. There are a series of requirements related to Board of Directors and local company headquarters, both being required for what the local regulations describe as “substance”, and our company is able to provide all required services. Foreign businessmen registering the Dutch BV as a holding company can benefit from assistance offered by a trustworthy company which can provide corporate secretary service.
2. The General Partnership. This kind of business is for companies with two or more partners united under the same name and having the same economic objectives, with unlimited liability on the firm’s debts. They share the profits among them and they don’t have to present a minimum share capital, like for Dutch BV. The personal assets of each general member of the partnership can be taken by the creditors if there are debts that can’t be covered by the company funds.
3. Dutch Limited Partnership. To register another form of partnership, the Dutch Limited Partnership is necessary at least two partners - one general who has unlimited liabilities and takes the management decisions - and silent one who must deliver the capital to the firm and has his liability limited to his contribution.
4. Professional Partnership is formed by two partners, at least, who are responsible for their claims. This kind of business is preferred for practicing a profession and not for business.
5. Public Liability Company. This form of business is proper for large investments and it needs a share capital of 45,000 EUR. The general meeting of shareholders is in charge of management decisions. The board of managers will be responsible for daily decisions.
6. Branches/Subsidiaries of foreign companies. The main differences between these two business forms is the degree of independence of the local branch or subsidiary related to the parent company.
Depending on the type of economic activities you will perform, you may need certain permits and licenses and if your business will have an impact on the environment, you should send a notification to your municipality. Another notification to the same institution is required in case you occupy a business property and you need to take measures to ensure fire safety.
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