Eternity Law International News Company in the Netherlands

Company in the Netherlands

Published:
February 14, 2018
Registration cost 2 800.00 EUR
Company renewal cost 2 500.00 EUR
Number of directors 1
Corporate tax 25.00%
Paid Share Capital 0.01
Mandatory reporting requirements Yes

The Kingdom of the Netherlands gained independence at the end of the 16th century, having previously been under Spanish rule. The next century was a century of great breakthroughs in development, in particular in such sectors of the economy as commerce and navigation. As a kingdom, the state was founded after the occupation by the French at the beginning of the 19th century.

Militarily neutrality remained for a long time. The modern state of the Netherlands is one of the most developed European countries. Participated in the process of founding organizations such as the European Union and NATO. Actively participated in the introduction of the euro, which became the national currency.

Forms of doing business – Company in the Netherlands

The Kingdom has created an opportunity for several forms of international business. Entrepreneurs choose the most profitable options:

  • BV is a closed company;
  • NV – open.

The most commonly used BV is because shareholders are not required to be held accountable for the company’s debts. There is also no need to be held liable for her obligations.

In addition to the basic options, the following companies are also used:

  1. Financial. The optimal solution for legal entities that can create a limited liability company, as well as an open partnership of shareholders. Income tax is 25% if the taxable income of the company exceeds EUR 200,000. If it does not exceed, the income tax will be 20%.
  2. Holding. It is especially convenient when the parent company is located in another country. In the Netherlands, the branch is protected from double taxation due to the existence of many treaties for the avoidance of double taxation with other countries.
  3. Partnership. It is created on the basis of partnership, one of the partners is the general one. Such organizations are not subject to corporate tax.
  4. Royalty. With the correct incorporation of a company, it receives many benefits from the treaties that the Netherlands signed to avoid double taxation.
  5. European corporate society. The basic condition is the presence of partners from at least two European states.
  6. Cooperatives. The so-called associations of members, the responsibility of which is determined by the articles of association.
  7. European societies. A public company of the European Union, which allows you to register it in one state (EU member) and re-register in another.

An extensive selection of forms of doing business allows you to think over the conditions well and choose the most profitable option for your business. In addition, constant economic changes towards progress open up many new areas for commerce and other activities.

Registration of international companies – Company in the Netherlands

The new conditions, which are stipulated by the laws of the kingdom, were adopted in October 2012. The tax policy and registration requirements have undergone modifications, which have been significantly simplified. A company requires a minimum of paperwork in the process of functioning.

The registration procedure takes no more than four working days from the date of submission of documents. A prerequisite will be the payment of tax in the amount of 1800 euros. Also, an important step will be registration with the chamber of commerce and industry.

Taxation – Company in the Netherlands

The 2012 reform helped to reduce tax pressure on international business. There are several types of taxes and rates on them. What kind of tax you have to pay depends on the chosen form of business.

The following types of taxes are provided:

  • for profit – depends on the amount of profit (if up to 200 thousand euros – 20%, when it exceeds this amount – 25%);
  • for dividends – 15%, can be reduced in accordance with agreements concluded by the Netherlands;
  • VAT – at the generally accepted rate of 21%, preferential rates are 6% and 0%.

Such types of taxes as stamp duty on income growth, on interest on dividends and royalties are generally absent.

Accounting conditions – Company in the Netherlands

A prerequisite for the functioning of a business in the country is the timely submission of accounting reports to the tax service. All financial statements should be kept directly in the Dutch office of the company.

Netherlands international companies submit the following for control:

  • the current balance sheet and information on losses with corresponding notes;
  • data on capital turnover;
  • directors’ reports (unless otherwise provided by law);
  • reports on incidents that have an impact on the financial condition of the company.

Thus, an international company in the Netherlands is required to keep accounting records. All financial transactions must be recorded and submitted to the tax authority.

Registration and Maintenance Services – Company in the Netherlands

Our team has been providing services in all parts of the world for the creation of offshore companies for a long time. All employees have extensive experience and are ready to help understand the rules and legislation of the Netherlands. For this, the following work is performed:

  • registration of companies (corporations, organizations, partnerships and other forms of business), their entry into the state register of the country;
  • legal services – if necessary, a legal address is provided;
  • creation of constituent documents, which are certified (or not, if it is not required) by a notary;
  • nominee service – we provide directors, partners, shareholders;
  • accounting services – we prepare reports, provide accounting and filing of reports.

A number of additional services are also provided, which are discussed on individual terms. We provide an opportunity to purchase a ready-made company, which will significantly reduce the time spent on registration. Contact now for discounts and special offers.

You could be interested

Overview of a Luxembourg investment fund: main peculiarities

An EU member-state, Luxembοurg is an essential hub with a highly developed regime for investments. With over EUR 5,5 billion in managed net assets, the jurisdiction is the biggest financial hub in the EU and the world’s 2nd ranked after the USA. This is the world’s biggest distribution hub for mutual contribution schemes, with its...

Registering and obtaining permission to open a small alternative investment fund in the EU

Nontraditional Ιnvestment Fund (below mentioned as AIF) is an efficient option for mutual contributions and contributions in shares (both listed and unlisted), bonds, cryptocurrencies, and related products, real property objects, and similar valuable assets. The following is an overview of the main obligations of registering for establishing a small alternative investment fund and limitations on...

Opening a bank account in Armenia 2023

Different banking institutions having local or external origin operate in Armenia. The jurisdiction has created a favorable environment for the development and support of the banking sector as a whole. In particular, the state apparatus takes the strictest measures to protect the interests of monetary means holders. Opening a bank account in Armenia is possible...

How to apply for an EMI license in the EU

E-money is a digital form of cash which within the European Union is deemed the value in currency, recorded and maintained on an e-medium. E-money is provided by an EMI upon receipt of funds from clients in the amount not less than the provided monetary value and is deemed as a form of payments by other...

Features of opening a merchant account

Merchant account is a type of bank account that enables companies to receive payments from debit cards or credit cards. For example, merchant account is an agreement between a retailer, a merchant bank, and a payment system for making payments with credit cards or debit cards. When a user pays for a product or service...

International Civil Procedure Advocate

International civil law litigation must be accompanied by professional assistance provided by an international civil litigation lawyer working for a company with many years of experience and a positive reputation, Eternity Law International. Lawsuits involving residents of a country who are in civil or legal relations with foreign persons must be accompanied by legal support....
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

New York

1178 Broadway, 3rd Floor #3353 New York, NY 10001

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7