Netherlands Private Limited Company - B.V.
General Information
- Type of Company - Limited Liability Company (BV)
- Legislation - Civil Law
- Company name - Non-English company names are allowed
- Time-scale for incorporation - 2 weeks
- Disclosure of beneficial owners prior to incorporation is required
- Double tax treaties - with 79 countries
- Shelf companies are available
- Money laundering legislation is in existence
Local Requirements
- Registered Office is required
- 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 (summary only)
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€18,000
- Standard Authorised Capital - Euro€90,000
- Bearer shares are NOT allowed
- Corporate Directors are permitted
Annual Requirements
- Annual return and annual statutory meetings are required
- There is a requirement for audited accounts depending on the size of the company
- Taxation – Corporate tax is levied on worldwide income at a rate of 25.5%