It is easy to commence a new business in the Netherlands. Check out the steps to follow, right from a good business idea to registering a new company.
Starting a Dutch business
Like every other place, starting a Dutch business needs some administrative efforts. Check out the steps to set up your business and run it in the Netherlands.
Step 1: Know if you are legally allowed to commence a business in Netherlands
For EU/EEA citizens: For nationals of an EU state, EEA or Swiss state, you can freely work by self-employing yourself i.e., start a business.
Rest of the world: For those who are an EU/ EEA or Swiss citizen and don’t have a permanent citizenship, you should check the regulations with a lawyer. He will explain your situations and residency rights. Migrants for instance, aren’t allowed to set up a private company with the present residence permit.
Step 2: Draft a business plan
The most significant step to launch a business is to draft a business idea and lay out goals for it and keep them in check. You may be asked for it by the Chamber of Commerce (Kamer van Koophandel) to select a suitable company structure and other essentials. The plan should have the mission of the business along with estimates of running expenses, yearly projections and prospective alternatives if things don’t go as planned.
Step 3: Know the legal form your company will be structured into
A major decision which you need to make as a business owner is how your company will be structured. The legal form works on issues like whether the business is functional by one or many owners, whether there will be a fiscal partner or not. Get an overview of the legal forms of Dutch companies from professionals at Intercompany Solutions. They will provide you with specialized all-in company services in the Netherlands. No matter if you are looking for service to start a company, legal tax consultation or local regulations, they are available for assistance.
Step 4: Select a business name
Make sure the business name is simple, suitable and unique. It is essential to only advertise the services which you really provide.
Step 5: Look for a location
The Netherlands has a great working environment right from modern co-working spaces to well-equipped corporate facilities. Set your priorities about whether you want to be near the ICT hubs or monetary services? Want a connection to quality business locations or creative scenes? You can check out the commercial property listing to know about it better. If you want a small (office-based) company, then you can go for rental properties too.
Step 6: Registration of the company
Registration with the Chamber of Commerce is important for every business. Intercompany Solutions will help you know about the registration of the company in detail.
Step 7: Register with the tax authorities
After the company is registered at the Chamber of Commerce, the details reach the Dutch tax office. You get a VAT registration number. You need to pay taxes to the government and municipality. It comprises income tax, wage tax, national insurance contributions, VAT as well as employee insurance contributions.