After you must have decided to start a company, you must have attempted to search on google for what information you need to have at hand and what processes you need to follow. More often than not, the term Dutch BV must have come up. Fair enough, incorporating a Dutch BV is not a tough thing to do provided you hire the services of the right people. In this article, we will be looking at what a Dutch BV is and what you need to do to incorporate a Dutch BV.
What exactly is a Dutch BV?
B.V. is an abbreviation of the Dutch term, “besloten vennootschap”. In English, it simply means a private limited company.
After deciding to start a business, you need to choose a business structure. The business structure you choose determines what laws apply to the entity you have created. It determines the amount of taxes you pay, the formation of your business, what information you provide to the government, and a couple of other things.
A private limited company is one of such business structures you could choose. A private limited company is a legally recognized entity. When you incorporate a Dutch BV, your assets are protected from the assets of the company, the company is liable for debts. However, it is important to know that banks generally request directors and shareholders to co-sign for loans as private individuals which means that you can be held liable in some instances.
To begin Incorporating a Dutch BV, you need to have selected members of your board of directors. The law allows a lower limit of one director which means you can be the only director in your company. You can also be the majority shareholder of the company.
You need to decide on a business name. It is advised that you come up with at least two names as a part of the process of incorporating Dutch BV’s are validating the business name. If your preferred name is not available, you have a fallback since you came up with two.
You can then hire the service of a civil-law notary to help you in incorporating a Dutch BV. We highly recommend Set Up Your Dutch Company as your consultant.
Why Set Up Your Dutch Company (SYDC) should Help You Incorporate your Dutch BV
SYDC helps entrepreneurs in incorporating Dutch BV’s in and around Holland. They also build high-quality networks for you comprising of notaries, accountants, and tax specialists. They also assign a single person to you as a contact person, so you don’t have to jump through many hoops to get the information you need.
You Should Reach Out To SYDC Today
Also want to incorporate a Dutch BV? You do not need to spend a lot of time scouring the internet, looking for information that might get you more confused than informed. To learn more about incorporating Dutch BV’s, you can visit SYDC’s website on setupyourdutchcompany.com. Their website has a lot of information that you need when incorporating Dutch BV’s. We hope you have gotten enough information to take the next steps.
