If you’re looking to start a business in the Netherlands, you’re in luck. The Dutch government has made it relatively easy to set up a company, regardless of whether you’re a local or a foreigner. In this article, we’ll guide you through the process of registering your business in the Netherlands, step by step.
Table of Contents
Step 1: Choose Your Business Structure
The first thing you’ll need to do is choose the legal structure of your business. In the Netherlands, the most common structures are sole proprietorships, partnerships, and limited liability companies (LLCs).
A sole proprietorship is the easiest and most straightforward option. It’s the least expensive to set up, and you’ll have complete control over your business. However, you’ll be personally responsible for all the debts and liabilities of your business.
A partnership is a legal structure where two or more people own and operate a business together. This is a good option if you’re starting a business with a friend or family member. However, you’ll need to agree on how profits and losses will be split.
An LLC is a separate legal entity from its owners. This means that you won’t be personally responsible for the debts and liabilities of your business. However, it’s more expensive to set up than a sole proprietorship or partnership.
Step 2: Register Your Business Name
Once you’ve chosen your business structure, you’ll need to register your business name. You can check if your chosen name is available using the Trade Register of the Chamber of Commerce (Kamer van Koophandel or KvK). You’ll also need to choose a trade name, which is the name you’ll use in your business dealings.
Step 3: Choose Your Business Activities
You’ll need to describe the activities your business will be engaged in when you register your company. The Dutch government has a standardized list of business activities called SBI codes. You’ll need to choose the SBI code that best describes your business activities. You can find the list of SBI codes on the KvK website.
Step 4: Register Your Business
To register your business, you’ll need to visit the KvK office in person or online. You’ll need to provide your personal details, your business name and activities, and your chosen legal structure. You’ll also need to provide proof of identity and, in some cases, a residency permit.
Step 5: Obtain a VAT Number
If you plan to sell goods or services in the Netherlands, you’ll need to obtain a VAT number. You can apply for a VAT number through the Dutch Tax and Customs Administration.
Step 6: Open a Business Bank Account
To separate your personal and business finances, you’ll need to open a business bank account. You’ll need to provide your business registration certificate and proof of identity to open a bank account.
Generis Global can help you with your business in the Netherlands
Starting a business in the Netherlands can be overwhelming, especially if you’re not familiar with the legal requirements. That’s where Generis Global comes in. Our team of experts can help guide you through the registration process and ensure that your business complies with Dutch laws and regulations. Contact us today to learn more about how we can help you with the legal part of your business journey in the Netherlands.