Netherlands

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General Information:
The Netherlands, situated in North West Europe is densely populated with an estimated population of 15.5 million. It is a leading International Trade Centre and one of the richest nations in the world. The Netherlands is a constitutional and hereditary monarchy and the law is based on civil law.

Language:
The official language is Dutch, but English and German is widely spoken.

Characteristics of the Netherlands BV Company

Type of Company:
Private Limited Company (BV)

Taxation:
Yes, but eliminated/reduced on certain types of income.

Annual Franchise Tax:
N/A

Directors:
A Minimum of one (1) director is required, who can be a body corporate or a natural person or any nationality and need not be a resident of the Netherlands.

Shareholders:
Minimum one (1).

Registered Agent/Office:
A registered office must be maintained in the Netherlands.

Annual Reporting:
An annual return needs to be submitted to the local tax department and the Chamber of Commerce. Annual accounts must be submitted if: the assets are higher than EUR 3m,the turnover is higher than EUR 7.5m or there are over 49 employees.

Confidentiality:
The details of the directors and shareholders appear on public record, but anonymity can be retained by the use of nominee shareholders and directors.

Double Tax Treaty Network:
The Netherlands is party to over 60 Double Taxation agreements.

Trading Restriction:
Company cannot trade in the following sectors: financial services, employment agencies or consumer credit

Name:
Names must end the initials BV (Besloten Vennootschap)

Disclosure of Beneficial Owner:
No

Tax on Offshore Profits:
Yes

Bearer shares allowed:
No

Corporate Directors Permitted:
Yes

Company Secretary Required:
No

Standard Authorised Share Capital:
NLG 200,000

Local Registered Agent:
Yes

Local Directors:
No

Disclosure of Directors:
Yes

Disclosure of Shareholders:
Yes

Annual Return:
Yes

Submit Accounts:
Yes