Who We Are
Business Setup Worldwide is a platform to help you start your company. Right from incorporation, registration and licensing to establishing your office space, we facilitate the formation of your enterprise through expert counselling and incubation.
Value-oriented service, comprehensive capability across varied segments of disciplines, proactive and continuous adaptability to ever changing global environment, and the ability to conceive innovative strategies and provide comprehensive support in executing such strategies distinguish Business Setup, and provide you the competitive edge in ensuring growth.
Business Setup Worldwide proprietary business design techniques, combined with its specialized regional know-how and global reach, enable companies to anticipate changes in customer priorities and the economic market, and then mould their businesses and improve operations to make use of opportunities created by those changes.
Business in Netherlands
Netherlands is a favourable business destination for investors owing to its stable industrial milieu and progressive economy. Almost a third of the foreign investors in Netherlands set up a company in the private sector, primarily in the manufacturing sector. However, electrical machinery industry and engineering products, chemicals, petroleum and construction are pretty developed too. The capital, Amsterdam, is especially known for start-ups. Nevertheless, the Netherlands is quite attractive for company formation due to its cordial relations with countries all over the world, especially Germany, Belgium, France and the UK.
A company in Netherlands can be incorporated as one of the following legal entities.
- Limited Liability Company: Also referred to as Beslooten Vennootschaap (BV), a limited liability company is the most common type of incorporation in Netherlands. The Dutch BV is required to have a minimum of 1 shareholder – with one’s liability limited to the amount invested in the company. Also, as per the new Company Act, a BV is not required to have a minimum share capital anymore.
- Public Company: Also known as Naamloze Vennootschap (NV), a public company is the business entity type chosen by people looking to set up a company for being listed on the Stock Exchange. The minimum share capital for opening a public company in the Netherlands is 45,000 euros.
- General Partnership: A general partnership, or Vennootschap Onder Firma (VOF), is a business run by more than a single person. The agreements of the partnership dictate contributions, liability and entitlement. For the purpose of tax, each partner is taken to be a self-employed entrepreneur, and income tax is payable on profits. All partners (and their spouses) are jointly, personally liable for business debts and obligations, though a marriage contract can protect spousal assets.
- Limited Partnership: A limited partnership, or Commanditaire Vennootschap (CV), is run by more than 1 person. It has 2 kinds of partners – limited (who is involved only financially with the company, and does not usually partake in its day-to-day decisions), and active (who is liable to third parties and personal assets).
- Branch Office: A company incorporated abroad may set up their business in Netherlands via a branch office. A branch is not considered a separate legal entity, so the associated foreign head office is liable for branch obligations. To open a branch, the branch manager must register with the local Chamber of Commerce Trade Register.
- Foundation: A foundation, or Stichting, is a Dutch legal entity with limited liability, but no members or share capital, that exists for a specific purpose. It is set up mainly for tax minimization purposes. A foundation tends to be formed with idealistic or social objectives. It is allowed to make profits, but there are restrictions on how the profits can be allocated.
- Association: An association, or Verenining, is a partnership between 2 or more people (members) generally set up as a non-profit organization, and does not need to be registered at the Dutch Chamber of Commerce. Its profits may not be divided amongst its members.
- Cooperative: A cooperative, or Coöperatie, is similar to an association, with the only difference that it is allowed to pay dividends to its members.
Benefits of Company Incorporation in Netherlands
Netherlands is a preferred choice for business setup for entrepreneurs for the following reasons:
- The tax paying structure in Netherlands in simple because everything can be done online and all tax requirements can be settled in less than 5 days
- Netherlands or Holland remains one of the easiest countries to carry out a business operation in, with little interference from the government
- A corporate bank account can be easily opened in Netherlands, with the lowest maintenance cost in all of the European Union (EU)
- The standard of living and literacy rate in Netherlands in one of the best in the world, along with being rated as one of the least corrupt countries
Company formation in Netherlands offers modern amenities, a progressive regulatory system and free trade barriers. Business Setup Worldwide helps businessmen, entrepreneurs and investors establish their company in Netherlands through consulting, accounting and bookkeeping, and intellectual property services. Our experts take care of the entire Banking, Visa, Legal, and Licensing formalities, and allow corporates to enjoy their company formation process without worrying about the bureaucratic red tape and legal formalities. We guide you through your company formation, with your business objectives at the centre of our ecosystem, all the way.