The Dutch BV (besloten vennootschap) is the Dutch version of the limited liability company.
What is a Dutch BV?
This is the most popular company form in the Netherlands. Companies use BV’s as a business, financing, holding or royalty company in Dutch or international structures. The Dutch BV is comparable to the American Limited Liability Company, or the German GmbH. Setting up a Dutch Limited Liability Company is ideal for entrepreneurs who want to establish, or continue, a business in the Netherlands. In particular, the Dutch BV offers a better appearance than a general partnership or a sole proprietorship, especially if you are doing business internationally. In addition, it offers the legal restriction of private liability. Want to know if a BV is the best choice for you?
A Dutch BV is a company divided up into shares. However, you can not freely transfer these shares. This is because it is a private company. So, a Dutch notary needs to be involved. Both individuals and companies can be the incorporator of the company, as well as the management. Moreover, it does not matter if this individual or entity is Dutch or not. Another advantage of a Dutch BV is the fact that the minimum share capital is 0,01 EUR.
To set up a Dutch Limited Liability Company, you need to:
- 1 – choose a name for your company;
- 2 – decide who will be the shareholder(s) and the amount of the share capital;
- 3 – formulate the company’s goals;
- 4 – get an address in The Netherlands to register the company at;
- 5 – identity yourself with our notaries, or with a notary in your own country
- Of course, can assist with all of this.
Besides that, you may also want to open a Dutch bank account. Also, you will acquire Dutch tax numbers. The Dutch Tax Office (Belastingdienst) issues these numbers.
If you need more information to set up a Dutch BV, contact us through the contact form below! Then CompanyNL can help you establish your own Dutch BV. If you are looking for tax advice, our partners are always willing to help out.