Some Crucial Things You Should Know about Starting a Business in the Netherlands

If you are contemplating to start a business in the Netherlands, it is important to be aware of the different business types along with finding the valid immigration advice. You also need to get appropriate self-employment Dutch work permit.

However, you need not worry as there are various companies that can help you in establishing your Dutch Company in the Netherlands. Right from getting your company registered to finding location for your office and hiring employees, these companies will offer assistance till the time your company in Holland is established and starts operating. They will offer advice on taxation and business strategies as well.

Scope in the Netherlands

Over all, the freelance work and self-employment remains quite popular in the Netherlands. The Dutch freelance market has remained strong in recent years. This has led the Dutch government to come up with the Dutch Start-up visa foe setting up a business in the Netherlands. Opening a company in the Netherlands is not very difficult as long as you comply with certain rules and regulations.

Starting a business in the Netherlands

The EU/ EEA/ Swiss citizens who are planning to move to the Netherlands can enjoy the same benefit as Dutch citizens. They don’t need residence permit or work permit for establishing their company in Holland. The Swiss national under certain circumstances are classified as equal to EU/ EAA citizens where the employers are exempted from the need of a separate work permit. Newer EU members will however need to get the Dutch work permit.

The government issues a personal registration number to the EU/ EAA/ Swiss citizens following their registration with the local municipality. If you plan to live and start business in Amsterdam, your BSN number acts as your social security and tax number.

Non- EU citizens

The non-EU/ EAA/ Swiss citizens or the third country nationals who are looking for self-employment to start a business in the Netherlands will typically obtain a residence permit MVV or work permit TWV. You need to know that the residence permit for an independent entrepreneur would need them to prove that their business serves an essential Dutch interest along with earning a certain number of points in a point-based application. People from America and Japan are exempted from the point-based system because of some treaties and they can follow a less detailed process.

Company structure for starting a business

There are different regulations and legal forms for business structures in the Netherlands. The freelancers are sole traders/ single-person businesses, and the large companies are often considered as private limited company. The two common legal forms are incorporated and unincorporated business structures.

Types of unincorporated businesses:

• Sole trader/ single-person business
• Limited partnership
• General partnership
• Commercial/ professional partnership

Types of incorporate businesses:

• Private limited company
• Public limited company
• Cooperative and mutual insurance society
• Foundation
• Association

Steps of starting a business

• Choose a business name
• Registering at the KVK
• Registering at the IND
• Taxes for business in the Netherlands
• Paying VAT/ Turnover tax
• Paying income tax
• Tax credits for new businesses
• Business administration

Explore the web for more information and suggestions on choosing the right consultation services that can help in establishing Dutch company in the Netherlands.

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.