Benefits of starting a business in Netherlands
Incorporating a company in Holland offers the following benefits:
- The lowest corporate income tax rate in the European Union, which the current rate at 19% for income up to € 200,000 [going up to 25% for higher-income brackets].
- The tax rates are going to be reduced further - for this lowest income bracket, to 16.5% in 2020 and 15% in 2021.
- No value added tax (VAT) for transactions between the member states of the European Union;
- Netherlands has the greatest number of treaties for double tax avoidance worldwide;
- The Netherlands is also among the founding members of the EU;
- 93% of the native population speaks English; many are also proficient in German and French;
- Highly educated labor force (3rd in the global top for education level);
- Outstanding international business atmosphere;
- The country welcomes foreign entrepreneurs and investors: from small enterprises to multinational companies included in the Fortune 500 list;
- The Netherlands attracts international companies from all sectors with its stable legislation and politics, coupled with excellent international relations.
How to register a company in the Netherlands?
The following is the process of company registration in the Netherlands for foreigners:
Who can register a company in the Netherlands?
You can register the business in the Commercial Register if you are:
- a director of the company;
- a manager of the Dutch branch and have a power of attorney demonstrating that you are the manager. That power of attorney must be in Dutch with original signatures of the director. You are also required to register as a manager.
How can you register a company?
The following forms have to be filed for incorporating a company in the Netherlands.
The forms you have to use for the purpose of registration are:
- Form 6: Registration of a non-resident legal entity
- Form 11: Registration of an official of a legal entity
- Form 13: Registration of an authorised representative business agent
The English-language forms can be used for standard details. Free-form texts such the description of activities etc, must always be stated in Dutch or in English with a translation.
Documents required for Netherlands company incorporation
Following are the documents that must be submitted in any of the languages Dutch, English, German or French:
proof of registration of company from the country where it was founded (no older than one month);
certificate of incumbency, which clearly shows the appointed Board of Directors.
certified copy of the Articles of Association;
certified copy of the Memorandum of Association;