Setting up a business in the Netherlands from €2000 + VAT (all inclusive!)
Why start a business in the Netherlands?
The Netherlands is therefore not only a tourist destination rich in history and culture, but also an ecologically responsible country and a business-friendly country. Its convenient geographical location, easy tax regime and a strong economy attract investors and serve as a springboard for
European market and beyond. For those looking to start a business in the Netherlands, there is more to come more than welcome to discuss the opportunities available with us. We ensure a quick set-up and offer experienced accountants to handle the bookkeeping of your business there.
In the business world, the Netherlands is known for its stable economy and steady growth.
Its industry is mainly focused on food, chemicals, oil refining and electrical machinery, but is open to all business ideas. In addition, Forbes magazine named the Netherlands as one of the “Best Places to Do Business”.
How is a company set up in the Netherlands?
Setting up a BV (Besloten vennootschap – the Estonian equivalent of OÜ) usually takes about 1 month.
A prospective entrepreneur wishing to set up a company in the Netherlands must provide a copy of the passport of each shareholder or director and proof of address.
It will also provide funds for share capital (which starts from €0.01). It’s also important to mention that incorporation can be done remotely without having to travel to the Netherlands. All the relevant documents are simply sent by courier or post to our colleagues.
Setting up a company in the Netherlands involves several types of taxes:
It is important to add that if the profit does not exceed the threshold of €200,000, the corporate income tax rate is 20%, above this threshold it is 25% and 15% income tax is withheld on dividends paid to local companies.
In addition, each company must file an annual tax return within 5 months of the end of the tax year.
The Dutch VAT system has three rates: 0%, 9% and 21%.
For example, a lower VAT rate of 9% will apply to many goods and services, such as food, medicines and pharmaceuticals, paints and home plastering.
For other goods and services, the VAT rate can reach 21%.
LCPC aims to provide you and your business with high quality assistance. Setting up a company is one of the first steps in building your business and we will help you through it together!
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