For several years it was very difficult to establish business-structure in this country, but in 2012 the local regulator significantly simplified some of the jurisdiction’s regulations regarding the opening and registration of corporate structures. For many businessmen, it has become a great variant for launching their own business-project. Also, additionally to simplifying laws, the principles of taxation have become more transparent and loyal. Thanks to such changes, Dutch entrepreneurship received a “second wind” and began to develop rapidly. Netherlands corporate services are essential for capital-holders to quickly become part of a promising market-space and enter into profitable partnerships with leading corporations.
Corporate services in Netherlands: why this particular jurisdiction?
At the moment, opening a local firm is especially appealing for businessmen working in financial and IT sectors. Though the state isn’t a completely tax-free space, you can open a business here reliably, safely, and most importantly, efficiently and profitably. In addition, the entrepreneur gets the opportunity to bring his/her organization to global level as soon as possible.
Main advantages.
- Good status of the country in the global economy.
- High level of reputation of the state.
- Favorable, thoughtful laws.
- stability in all spheres of life.
- Transparent, understandable and logical tax system.
- Conditionally offshore status..
- Easy access to public services.
- Business support at the state level.
- Small initial capital.
- No double taxation.
- Absence of currency control.
Corporate services Netherlands: documentation and launching of commercial projects
Dealing with it on their own, then first businessmen need to collect the next-mentioned package of documents:
- originals and copies of internal and foreign passports. For representatives of certain territories, a translation certified by a notary will also be required;
- certificate of place of residence;
- TIN of representatives of organization;
- the name of company;
- direction of future business-activities and description of business-operations enterprise intends to carry out;
- officially-approved address;
- personal information.
Presence locally
Firm establishment is allowed only with officially-approved address. Businessmen may enter their commercial addresses, formal or even residential addresses (the latter option is only suitable for residents). Perfect choice for businessmen is to stay in the state. Only in this case they will insure themselves against the occurrence of any problems.
Statute
Statute needs to have English and Dutch versions (for foreign owners). The notary is obliged to check and certify all documentation, after which owners are needed to sign Statute. Presence of founders isn’t mandatory; official representation is sufficient.
Banking accounts
Creating corporate accounts there is not easy. In order for this venture to succeed, you need to carefully prepare for this process and not forget about all documents needed for this and follow the advice of our specialists who know everything about this or turn to them for help.
Accounting and taxes
Mandatory annual reports.
- Report on the balance sheet of the accounting department of firm.
- Report on the movement of funds.
- Directors’ report.
- Reporting on problems somehow affected the financial state of enterprise/partners.
- Three categories of profit with own rates. Total for LLCs is read as the sum of all components.
The declaration must be submitted before April 1 of the year following the reporting year.
General activities features of corporate-structures
- Income tax (20%/25%). All enterprises in Netherlands must pay it.
- Capital increase fee. All companies must pay it, but in some cases they can be exempted from paying this tax.
- Privilege. Some enterprises are eligible for exemptions: it refers to enterprises that are related to R&D activities, logistics and similar areas.
- Tax year. Enterprises possess rights to choose their boundaries don’t coinciding with calendar year.
- Tax on dividends. In cases where dividends are received by a firm operating locally, organization is exempt from paying this tax.
- Absence of stamp duty, currency control and annual duty.
Our specialists will not only give you necessary corporate assistance, but comprehensively consult on any issues being interesting for you. We are also ready to offer many ready-made firms for sale in hundreds of jurisdictions. Contact us right now and become the head of a profitable business in the shortest possible time.
