Thursday, March 14, 2019

How to Set Up a Dutch Company in the Netherlands?

The process of setting up business in the Netherlands is quite straight forward. There are lesser complications as you simply need to follow the standard procedure. Also, there are local agencies that help in establishing Dutch company at every step.

Here’s a look at guide for setting up Dutch company in the Netherlands:

Can you set up a business legally in Netherlands?

If you are an EU citizen, Swiss citizen, or member of the EEA, you are free to live and work in the Netherlands. However, if you are a non-EU citizen, you would need to apply for work permit. The consulting company will guide you on the procedures required for getting visas and permits.

What are the various legal forms of companies?

If you are planning to establish Dutch business in the Netherlands, you need to decide the form of company. The three options are:

• Sole trader
• Limited partnership
• General partnership
• Private limited liability company

- Registering the Trade name

The name you select for your business needs to be unique for the sector and region that you are planning to work. It should meet the conditions of the Trade Name Act. The registration takes place at the chamber of commerce, the registration should take place within a week of opening the company.

- Tax authorities

Once the registration of the Dutch business is done, you will be automatically registered with Dutch tax authorities. They will then issue a VAT registration number so that you can send invoice to your clients and pay taxes.

- Accounting

Every business in the Netherlands needs to keep a record of the accounts for up to seven years which includes invoices, invoice to pay, expenses related to business activities, etc.

- Insurance

You should insure your business to protect it from unforeseen misfortune.

Explore the web for more information and suggestions on establishing your Dutch company in the Netherlands.

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