The Netherlands is a country full of opportunities and possibilities for entrepreneurs and people with great ideas who are willing to start a business. Not only does this country provide plenty of space and options to create and launch new companies and projects, but the truth is that it makes it quite easy and doable in terms of requirements and procedures.
One of the best examples of a type of company that can be easily started in the Netherlands, and which is chosen by many new entrepreneurs who want to give shape and life to their amazing business ideas, is the so-called Dutch BV.
A BV refers to a besloten vennootschap, which is a Dutch concept that literally means “closed company”. In this sense, a BV would be the equivalent to the well known private limited liability companies. These enterprises have certain particularities and features that make them such. These are, mainly, the fact that they are owned by shareholders and that the shares are registered in a private way. A BV is the most popular and the most used form of limited company in the Netherlands, as well as in Belgium.
Dutch BV: the benefits of entrepreneurship
Entrepreneurship can be a lot of work and have its risks, but it also has a lot of benefits. And doing it through the form of a Dutch BV can give you the chance of easily getting into this amazing and rich world. Some of the benefits of entrepreneurship that we can mention are:
- Boosting productivity
- Creating job opportunities
- Promoting innovations
- Giving life to amazing ideas
- Empowering individuals and societies
As you can see, entrepreneurship has a lot of benefits, which is why having the figure of Dutch BV is very positive as a way of promoting new, easy and efficient ways for new businesses to start their work. Even though it is very simple and it is realistically possible to start a business with the form of a BV, there are of course certain rules that you should be aware of, and that we will mention next in this article.
Getting to know the rules
Every business and project has some rules to follow, and Dutch BVs of course also have their own. Fortunately, it is very easy to follow and understand the rules and requirements for opening a Dutch BV.
Firstly, you need to have a minimum amount of cash as a share capital. To what may come as a surprise for you, the fact is that the minimum amount of share capital for opening a Dutch BV is only 1 euro. A Dutch BV also needs to have an official designated director. There is no need of having a company secretary, and a sole shareholder can also fulfill the role of director. Finally, a Dutch BV needs to have a registered address in the Netherlands.
Thus, as you
can see, it is quite easy to open a BV in the Netherlands. With the basic
information about the main requirements, you can definitely start going with
your project. If you want to know more details about the requirements and needs
for opening a business in the form of a BV, intercompanysolutions.com has all
the information you need.