All You Need to Know About BV Dutch Company

If you are a foreign international company or start-up entrepreneur, you can establish a BV company in The Netherlands. The Dutch BV Company is similar to the English Ltd. Company or the UG Company in Germany. In fact, the BV is one of the most common types of company structure for establishing a Dutch business in the Netherlands. There are agencies that help in establishing business in the Netherlands by guiding and helping you through the procedure of setting up your business. These local agencies are well versed with legal formalities and paper work which helps in getting the permits easily and in lesser time. Connect with these professionals to establish your BV Dutch business in the Netherlands. Some generic things you should know about the Dutch business:

The BV Company is a minimum share capital company where the shareholder is liable only for amount paid in share capital. The issuing and transferring of shares need permission from the shareholders and the shareholders are registered in the Dutch company register. It is a great news for foreign internationals that the Dutch Company Law has made it easier to incorporate BV in the Netherlands which also helps in reducing the cost of company formation in the Netherlands. Requirements of setting up BV Dutch Business:

For setting up the Dutch BV, the company may have individuals or foreign companies as founding members. The company can be formed with one or more directors who may also be the shareholders of the company. The first requirement of setting up a business in the Netherlands is to have a local business address. Steps of registering a BV company:

• A public notary will draft the article of association the official documents must have information on the management board, shareholders, business activity, share capital as well as the registration address. - The registration process will begin by verifying if the chosen company name is available. If yes, then the name will be reserved. - Then the due diligence documents are sent to the incorporation agent.- Submission of notarized statutory documents and deed of incorporation.- Registering with tax authorities.- Opening a bank account and depositing the company capital.

Bank Account

It is important for a BV Dutch company to have a corporate bank account and the account can be opened after the company is formed. Then the company’s capital can be transferred. The account is required for day-to-day operations and business activities. Permits

You need to get the required permits and licenses to operate BV company in the Netherlands. Explore the web for more information and suggestions on how to set up a BV Dutch business in the Netherlands.

Author Bio: Sam Fredrick works for a company that offers support to foreigners for setting up Dutch business in the Netherlands. He is a pro at managing at various tasks associated with registering, legalizing, and finalizing the office space for the foreign investors. If you have interest in investing in a Dutch business, then you can simply go through his company’s website or read his online blog posts.

Fredrick Sam works for a company that offers support to foreigners for setting up company in Holland. He is a pro at managing at various tasks associated with registering, legalizing, and finalizing the office space for the foreign investors.