Have you read all the stories about the company formation in The Netherlands? I want to tell you about my own company formation in The Netherlands. A personal experience is always the best experience, in my opinion. My own company formation is a great but long story, so I will do part two in the second blog and perhaps I will write more than three blogs, because of the length. I will start introducing the difference between the NV and the BV, because making this choice influenced the start of my company formation in The Netherlands
What is the difference between the NV and the BV?
First of all, my choice between the NV and the BV was a journey on it’s own, in short these are the most important differences between the NV and the BV, which you should keep in mind if you consider doing a company formation in The Netherlands, just like I did. The main difference is that a BV can only issue registered shares. The NV can issue registered shares as well as bearer (freely transferable) shares. The shares of an NV can be listed on a stock exchange. One very important difference is that the incorporation of an NV requires a paid-in capital of EUR 45,000. Not everybody wants that and that was one of the reasons for me to choose for the BV instead of the NV. But al choices are good, you just need to know this differences. NV stands for Naamloze Vennootschap and BV stands for Besloten Vennootschap. A Dutch BV may be created by one or more individuals or legal entities. There is indeed a minimum paid in capital but the minimum capital is only EUR 0,01. The deed must be in Dutch and the deed contains the Articles of Associaton, consisting of at least:
- The city where the company has its registered seat
- The conditions of the share transfer
- The purpose of the company
- The company name
- The city where the company has its registered seat
Then, finally the introduction of my own company formation in The Netherlands.
My own company formation in The Netherlands
My own company formation. How did I do this? First of all, I searched for help and I contacted
setupyourdutchcompany.com. They helped me through the formation and they told me everything I needed to know, as well as things I already knew but were very important to keep in mind. I am proud that we could work together in such a good way, because it turned out to be that my company business is going really well. Thank you for that! They have a great and efficient team. These guys have been helpful in getting the legal entity for me and did a wonderful job facilitating this process. So I highly recommend them to do your company formation in The Netherlands or to set up your company in Holland within 5 working days, because that is also possible. So, do not hesitate and start planning your company formation in The Netherlands as soon as possible.