It is an exciting time to be starting a new business.
This article will help you register your company in the Netherlands, including important steps for registering a trade name and different types of entities. Read on to learn more!
How to register your company in the Netherlands
You will need need to take the following steps to set up and register your company in the Netherlands.
1. Choose a trade name
2. Register your company with the Dutch authorities
3. Open a bank account
4. Register for taxes
5. Get your company registered with the chamber of commerce
The first step in registering a new business is to choose a trade name. Once you have chosen a trade name, you can complete all of the necessary steps for registering your company, including choosing between different types of entities and opening a bank account or getting registered for taxes before registering with the chamber of commerce.
What is a trade name
A trade name is different than a legal name. A trade name does not have to be formally registered with the Dutch authorities whereas a legal name must be officially registered to open any type of company in the Netherlands.
Choosing between different types of entities
The following are the three types of entities that can be established in the Netherlands:
LLP (Limited Liability Partnerships)
NV (Limited Company)
It is important to note that each type of entity has its own advantages and disadvantages, which will depend on what type of business you are registering. For example, an LLP is best for companies with external investors while NV’s are best for families or small businesses.
Open a bank account and register for taxes
The next step is to open a bank account for your company. You may want to consider different types of bank accounts, including savings accounts, checking accounts or even loans. You’ll need to register for taxes and social security coverage.
Get your company registered with the chamber of commerce
One of the final steps in registering your company is to get registered with the Dutch chamber of commerce. This will allow you to start doing business in the Netherlands and will provide you with a number of benefits, including access to a range of services, including help with setting up a company and finding employees.
Now you know how to set up a company in the Netherlands, if you need anymore information please visit: intercompanysolutions.com