5 Steps to Incorporating a BV
- Introduction. After an introductory e-mail or call we will send you a personalised quote, based on the information provided to us.
- Second: invoice + shared secure form. After we have established your needs and you have agreed to the price quote, an invoice will be sent to you for the first installment of the final price. This is already included in the price sent to you earlier and is usually 50% of the total sum. Once we have confirmation of the payment you will be invited to your secure form where we will collect all your documents.
- Collecting the Documents. We will guide you through everything you will need to collect for the company incorporation
- Step 3 a: The shareholder(s) need to determine whether or not they want to have a shareholder’s agreement.
- The Notary. After all the required documents have been collected and uploaded to your secure form, the notary will check if all documents are in order. Once this is done, the drafting of the deed of incorporation can start. This will take 1 week. An appointment will be made for the signing of the deed of incorporation.
- Signing of the Deed of Incorporation. Afterwards you will receive a few documents from the notary: the Deed of Incorporation, Articles of Association (English translation) and a Chamber of Commerce Extract.
Incorporate in person or remotely
In person: You will come to the notary’s office to sign the deed.
- Advantages: The fastest way to incorporate the company. The company will be registered into the Chamber of Commerce within 24 hours of signing the deed.
- Disadvantages: An interpreter has to be present at the meeting if you do not speak Dutch.
Remotely (through Power of Attorney): The notary will sign the deed on your behalf, using the POA
- Advantages: You will not have to travel to the Netherlands to get your company incorporated. This will save on time and travel expenses. There is no need to hire an interpreter since you will not be present at the signing.
- Disadvantages: You will have to get your documents legalised which will add some time to the process.
The BV is a limited liability company and preferred legal form for foreign entrepreneurs in the Netherlands. That is because the BV is flexible, easy and affordable to set up. On top of that, the overall tax pressure on a BV in the Netherlands is one of the lowest in Europe. Finally, your BV will shield you from personal liability of your company’s actions, debt and bankruptcy.Read More