Company in the Netherlands
How to open a company in the Netherlands?
To open a company in the Netherlands may require some extra effort if you are not a native, and you don’t know the language. This, of course, should not be a barrier to expanding your opportunities for opening a company in Holland. Our firm offers you the assistance necessary to open and maintain a business.
We have assisted many foreigners to successfully complete the procedure for opening a company in Holland. We make sure the company formation is performed in compliance with the local rules. Where possible, we assist and try to receive relevant subsidies and permits.
Are you unsure about the legal form that best suits your company? If you want to open a company in the Netherlands, we can assist you by clarifying the due liabilities and taxes charged for different entities.
our recent clients
Open a Dutch company as a foreigner
The Netherlands is open to entrepreneurs from around the world starting a business as a foreign person. For hundreds of years, the wellbeing of our country has depended on international business. This is why, besides speaking in Dutch, all local residents are proficient users of the English language.
You are not obliged to come to the visit the country for the purpose of starting a business in the Netherlands as a foreigner. The procedure is surprisingly simple.
We provide the following services related to opening a Dutch company as a foreigner:
You only have to complete a short checklist, send us a copy of your personal identification document and evidence of your permanent address. We will deal with all other details required to open your company in the Netherlands as a foreign person.
Why choose the Netherlands?
Independent enterprises represent the core of the country’s economy: numerous owners of small/medium companies, called ‘Midden en Klein bedrijf’ (MKB-ers) opt for opening a company in the Netherlands.
In the EU and international institutions, e.g. the UN, WTO and the World Bank, such businesses are categorized as ‘Small and Medium Enterprises/Businesses’ (SME / SMB). The term is most commonly abbreviated as SME. These businesses are easy to open in Holland.
The Netherlands values the economic contribution of entrepreneurs and supports business owners in opening a company in The Netherlands. In 1996 the Dutch Ministry of Economic Affairs (Ministerie van Economische Zaken) took steps to aid SMEs in entering the market of export. The country offers favorable conditions for smaller companies. Please, check out our website and feel free to contact us for further details.
What type of company should I form in the Netherlands?
Most foreign entrepreneurs start a Dutch BV in the Netherlands. The reason for this is that the Dutch BV does not require you to be resident in the Netherlands to establish the company. And the Dutch BV is limited, so in case of bankruptcy of the company, you do not have personal liability.
The company types in the Netherlands consist of:
Company tax in the Netherlands
It is always recommended for your firm to be registered with the Dutch Tax authority. The Netherlands has one of the lowest corporate tax rates in Europe at a base rate of 15% until EUR 395.000 profit (and 25.8% in the higher rate). The tax rate is set to decrease further in the coming years.
You may also deduct costs related to your work, such as transport, office, accounting, marketing, sales, staff… etc. The corporate tax only needs to be paid on the profit. So the amount that is left after the turnover minus the cost.
Most businesses will have to charge VAT (value-added tax) on all services or products they sell in the Netherlands. The businesses are collecting this 21% on top of their sale prices and will be paid to the tax office quarterly. The VAT is not a cost for business owners, only for consumers. The business owners only collect the tax.
You may claim back VAT that you have paid for your company investments and cost.
The main VAT rate is 21%, the lower vat rate will be 9% from 1 January 2019. And for certain services, a 0% VAT rate applies. For import and export, or transactions between EU countries, a 0% reverse-charge applies.
How does the VAT system work?
In the Netherlands, you may keep your accounting on paper or digitally. The records need to be kept for 5 to 7 years. Your financial accounting includes
- Invoices you have sent
- Invoices you have received
- Bank statements
- Agreements and contracts
- Receipts of small expenses
Your accountant will process these transactions and prepare your quarterly tax filings, your annual company income tax, and your annual report.
The annual report will be sent by the accountant to the Chamber of Commerce, where the numbers will be published in the company register.
Work permit & Visa
Most important criteria for the self-employed visa are:
- A high education (Bachelor level or higher) for either the main applicant or his / her life partner.
- Experience of either main applicant or his / her life partner (Entrepreneurship, work experience)
- The company needs to be in the interest of the Netherlands.
- You have an active Dutch BV company
- You will earn sufficient income
- A very thorough business plan. A specialized business plan writer could assist you with the business plan. Turkish citizens or long terms residents of another European country have a simplified procedure, they do not need to score on the point system.
Special rules apply for Americans and Japanese citizens who have signed friendship treaties with the Netherlands.
The IND fees for the application are around €1300. This does not include the legal fees and the fees for writing the business plan.
The economy of the Netherlands
The Netherlands has a very long history as a trading nation and a very stable economy. The main industry in the Netherlands is the food industry. The Netherlands also has a big financial industry, import- and export, logistics, oil- and gas as well as engineering, electrical machinery, and chemical industry.
Many foreign traders have opened a company in the Netherlands in the last decades, which has contributed to economic growth. Many of the foreign traders are trading or manufacturing businesses.
Intercompany Solutions CEO Bjorn Wagemakers and client Brian Mckenzie are featured in a report for The National (CBC News) ‘Dutch Economy braces for the worst with Brexit’, in a visit to our notary public on 12 February 2019.
We perfect our quality standards to deliver services of the highest degree.
Intercompany Solutions is a well known brand in the Netherlands and abroad as a trusted incorporating agent in the Netherlands. We are constantly looking for opportunities to share our solutions with foreign entrepreneurs.
Why use ICS for incorporating a Dutch company?
Operating since 2015, our company has helped hundreds of clients from 50+ countries to set up their businesses in the Netherlands. Our clients range from small business owners opening their first company, to multinationals opening a subsidiary in the Netherlands.
- Free initial consultation
- We have incorporated and assisted 1000+ companies
- We provide all services you need to start in the Netherlands, from company formation to bank account applications, secretarial services, vat application, and accounting
- We take care of the whole procedure from beginning to end, you do not have to worry about the incorporation
- We have the local know-how and skills
Our service: we help you open a company in the Netherlands
Frequently asked questions
on incorporating Dutch Company
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Ready to discuss your needs and thoughts? Contact us and our team will be ready to assist you in your journey to the Netherlands.