A bv company, or as many people know it as Besloten Vennootschap in Dutch, is a private limited company. This type of company is normally started by an individual or together with partners. Your private liability is limited as a director. Its business structure is liable for any debt rather than an individual. This means that even though you are the director of a bv company, you are an employee of the BV and act on its behalf.
The bv company
So how can you form one? You must:
- Get a civil – law notary
- Draw up status in a notarial deed
- Make a deposit
- Register your to KVK’s Business Register (Handelregister)
- Register to the Dutch Tax and Customs Administration
- Why you should start a bv company!
- You pay less taxes
- You can increase your business reputation
- It is easy to make, maintain, and close
- It secures your ownership
- You can obtain a Dutch resident permit with it
In the whole Europe, the Netherlands holds the lowest corporate income tax rate which is 15% for the taxable amounts up to 200,000 euros. For something that is more than that, the rate is 25%. Not only that, but there is also an existing bilateral investment treaty and the bilateral double taxation treaty between Russia and the Netherlands which provide a very beneficial business for the cross-border activities.
A lot of countries have already enacted or planning to enact laws to protect their economies from profit shifting to tax heaven. The Netherlands in the other hand is a place for a sustainable solution for changes like that. They offer a beneficial tax regime, a conductive business environment and one of the most politically stable country in the EU.
Another thing is that the Dutch bv company is easy to make, maintain, and to close it down. To open a Dutch bv company, they do not require you to deposit a minimum paid up share capital. The forming of a BV normally takes about one week in total if you have meet all the requirements and have the correct documents. On top of that, a Dutch bv company assets and liabilities can be dissolved without formal liquidation.
If you are in the search for investment and a legal protection of your assets a bv company is something for you! You should subject the investment through a Dutch entity to the Dutch jurisdiction which will be granting protections of property rights in the Netherlands, EU, and globally.
As we know the Netherlands offers a good work and life balance, so no wonder that so many people want to find opportunities there. If you start your bv company, you can obtain a Dutch resident permit to be able to find that work and life balance.
Start your bv company now with Intercompany Solutions!
When forming a company, all the paperwork can stress you out badly especially if the system is foreign for you. At Intercompany Solutions, we can help you create your bv company and give you advice on it through our experiences. We believe that we are the effective solution for you. Go to www.intercompanysolutions.com for more information.
