Netherlands Company Formation
Are you interested in company formation procedures in the Netherlands?
Company formation in the Netherlands is under the BV format, which is similar to an LLC or Ltd. Company.
Company formation in the Netherlands requires mandatory membership in the Chamber of Commerce, which grants the company a number in the commercial register.
The directors and shareholders are not required to visit the Netherlands to complete the process. A company can form with only one director and one shareholder.
Once the proposed company name is approved, the following documentation is required at formation:
Shareholder and director information with appropriate photo identification;
The shareholders and directors must pass a background check and present proof of residency; and
If the shareholder is a corporation, you must notarise the documents before submitting them to the Ministry of Justice and then registering them with the Trade Registry.
A company registered in the Netherlands requires a local office, and a notary must formally register the company before official incorporation.
The Ministry of Justice also issues what is called a No Objection Declaration for company formation. The tax registry may take a further six weeks to provide a tax number and registration is at the tax authority office that corresponds through the company’s registered address.
Privacy varies depending upon the corporate structure. In cases where the company has more than one shareholder, the shareholder information is kept private. Companies with one shareholder have their details publicly disclosed.
The company must maintain statutory records, a shareholder register, director register and other documentation. Renewal fees apply as well as fees for the initial registration number and other requirements.