Netherlands Private Limited Company - B.V.

General Information

  • Type of Company - Private Limited Company.
  • Legislation - Commercial Code of the Netherlands.
  • Company name - A company name must end with ‘B.V.’ or Besloten Vennootschap. Name check through the Chamber of Commerce is necessary.
  • Time-scale for incorporation - 2 to 3 weeks for a Ready-Made company, otherwise over 12 weeks due to a Statement of Non Objection issued by the Ministry of Justice.
  • Disclosure of beneficial owners prior to incorporation is NOT required.
  • Double tax treaties - Agreements signed with over 60 countries.
  • Ready-made companies are available at a premium price.
  • Money laundering legislation is in existence.

Local Requirements

  • Registered Office and Registered Agent must be maintained.
  • Company Secretary not required but advisable. May be a natural person or corporate body in any country.
  • Public recording of shareholders and directors are NOT required, only if company has one shareholder.
  • Accounts are required to be prepared and audited for public filing (except for small companies).

Corporate Requirements

  • Minimum number of shareholders - One (1). May be a natural person or a body corporate and can be of any nationality or residency.
  • Minimum number of directors - One (1). May be a natural person or a body corporate and can be of any nationality or residency. However, there must be at least one resident managing director.
  • Minimum capital requirement - Euro€20,000.
  • Standard Authorised Capital - Euro€100,000.
  • Bearer shares are NOT allowed.
  • Corporate Directors are permitted.

Annual Requirements

  • Annual return and annual statutory meetings are required.
  • Statutory accounting is required.
  • Annual licence fee - None
  • Taxation – Corporate tax is levied on worldwide income at a rate of 29.6%, but exposure can be kept to a minimum. The tax rate for the first €22,689 taxable income is 25.5%. 
  • Cyprus Tax Planning