Frequently asked Dutch BV questions
Incorporating an offshore (Dutch BV) company can be a very difficult thing to do when you don’t speak the Dutch language well enough. Looking up all the rules and regulations can also be very time consuming and hard to understand. To help you out, as an expat or a foreigner seeking for new business opportunities, with some of the questions clients ask us a lot we have made a Q&A below to help you understand the Dutch BV procedures and Dutch tax law a bit more.
FREQUENTLY ASKED QUESTIONS INCORPORATING DUTCH BV
All shareholders are registered in the Dutch Chamber of Commerce (Kamer van Koophandel or KvK). These registers are public and can be accessed by everyone who is willing to pay a small fee for an extract from the KvK.
The Dutch income tax system has a bracket system which means, the more you earn the more you pay on taxes. More information can be found at Tax & Service Solutions
The dividend taxes in The Netherlands are 25%. When the BV pays you dividend it will need to withhold 15% in advance. The remaining dividend tax of 10% is usually paid when filing your personal income taxes in The Netherlands. If you live and work fully for your BV outside The Netherlands you can avoid double taxation by mentioning the withholding by your BV in your tax declaration of your (home)country.
The corporate tax rates are 20% for all profits till € 200.000,- The profit which exceeds the € 200.000,- will be taxed with a rate of 25%.
A Dutch BV has several benefits like:
- Your personal assets are protected against creditors (Limited liability)
- You can prevent taxation on dividends, royalties and interest in some cases
- Benefit from the many Dutch and international tax advantages
- Access to entire European Union
We not only provide a good service during the incorporation process we also provide an excellent service afterwards like the VAT service which gives you the best opportunity to start your business without all the tax matters.
During centuries the Dutch have been traders all over the world and there is besides the UK no country where so many people speak English. The Netherlands has a very good infrastructure and several international airports. It is not without a reason that big companies like Nike, Ikea and Shell have their (European) headquarters in The Netherlands.
The minimum capital is € 0,01 per share. It is common to start with 100 or 120 share which decrease your investment risks in the BV in the startup period.
Yes we do assist our clients if requested with opening a Dutch bank account for their Dutch BV. However we can never guarantee Dutch banks are willing to open a bank account. Of course we will do everything within our effort to support you with the application.
Yes, we would be happy to give you a quote when you would like to be given a customized service. We are here to assist you in all possible ways and help you starting up your business at the most convenient way.