What documents do you need to set up a Dutch B.V. as a foreigner?

Setting up a Dutch B.V. Company

The Besloten Vennootschap or the Dutch B.V. is one of the most common company structures in the Netherlands.

 

It represents a private limited liability company frequently used by both foreign and local investors to carry out business activities in the Netherlands. 

 

Over the last six years, setting up a Dutch BV corporation has become easier and more affordable.

For example, in July 2011, changes to Dutch company law abolished the need for a ministerial “Declaration of No Object”, which shortened the Dutch BV company formation process and lowered the costs. 

 

Then in October of 2012, the flex B.V. act came into force which eliminates the minimum capital requirement to set up a Dutch BV company—this was previously set at €18,000.

How to Set Up a Dutch BV Company?

To set up a Dutch BV, you’ll need to fill out the required paperwork. 

 

This typically means that a public notary will draft your Deed of Incorporation (similar to an Articles of Association, which need to be in Dutch).

 

These contain information such as your business activities, a regulation of a company’s operation shareholders, define the responsibility of the director, share capital, registered address, and your management boards.

 

From there to complete your Netherlands BV registration, you need to verify the company name, collect due diligence documentation, submit your notarized documents and deed of incorporation, register with the tax authorities and commercial registry, and open a bank account. 

 

Once all of that is squared away, you’re going to start operating in the Netherlands!

 

What you need:

  1. Proof of your identity—copies of notarized passports of the director(s) and shareholder(s) of your new Dutch BV.
  2. Proof of address—required for both your director(s) and shareholder(s) of the BV. This could include something simple like a utility bill or a bank statement.
  3. Address in the Netherlands—your Netherlands BV will need a registered office with an address that is located in the country for formal correspondence. 

What you don’t need:

  1. Dutch director—a foreign person can be appointed as the director of a Dutch BV.
  2. Travel to the Netherlands — 100% online.
  3. Dutch bank account—while this is also not compulsory, having one will make it much easier to do business in the Netherlands and other European countries. Get more information about opening a bank account in the Netherlands

Confused with all the information available online?

Scheduled a FREE 30-minutes non-binding consultation with us today!
Founder of Dutch Business Incorporation

About Luann Ip

She is the founder of Dutch Business Incorporation. Over the past 25 years, she has worked in many different companies, both in Asia and in Europe, and her career has taken her to businesses of various sizes, from listed plc to small start-ups. Her goal today is to help foreign directors set up a Dutch B.V. as a non-resident in the simplest, most hassle-free way.

FREE guide for non-residents - Claim your copy today

Check out our Dutch company formation package today

Specially tailored for non-dutch or non-European residents

More Services

You might also be interested in these Services

Virtual bank

Need to open a business bank account?

Virtual bank package is the best solution for non-dutch resident director.

No time to travel to the Netherlands

We will assist you with opening a business bank account online.
FIND OUT MORE

Set up a dutch B.V. as a non-dutch resident

Set up a dutch b.v. as a non-resident

100% online, no need to travel to the Netherlands.

DUTCH COMPANY FORMATION

Set up and register your Dutch BV within 3 days of receiving all documents.
Read more

Dutch Besloten Vennootschap BV FAQs

 

What is a Dutch BV?

The BV abbreviation business stands for Besloten Vennootschap. It is a private limited liability company used by foreign and local investors to carry out business activities in the Netherlands. 

 

How do you register company in Netherlands?

To set up a Dutch BV, you’ll need to fill out the required paperwork. This typically means that a public notary will draft your Deed of Incorporation (which is similar to an Articles of Association, which need to be in Dutch). These contain information such as your business activities, shareholders, share capital, registered address and your management boards.

 

From there, you need to verify the company name, collect due diligence documentation, submit your notarized documents and deed of incorporation, register with the tax authorities and Dutch company register, and open a bank account. Once all of that is squared away, you’re going to start operating in the Netherlands!

 

How much does it costs to start a business in the Netherlands?

For a simple B.V., the cost of setting up is around €1,300 + VAT.  Please click here to see what this fee includes. 

 

Is a Dutch BV a corporation?

Yes, a Dutch B.V. is a private limited liability company.

 

Why do companies incorporate in the Netherlands?

The Netherlands is a great place to incorporate a company for a number of reasons. Some of our clients decide on a company formation in the Netherlands because they are looking to test the market, gain access to the EU business channels or get a VAT deferment licence, the Netherlands is a great place to start. Not only that, but its one of the top English-speaking countries in the EU. 

 

What does BV mean in business?

“BV” means Besloten Vennootschap. It is a private limited liability company in the Netherlands.