Netherlands Company Formation Services from S K Patodia

MUMBAI, India - June 17, 2022 - PRLog -- The Netherlands (otherwise known as Holland) is a country located in North-western Europe and is one of the founder members of the EU. It has long been popular with foreign investors for registering a company due to its tax system and its location, giving it access to other European countries through a road network, making it easy to transport goods to countries in mainland Europe and the UK. The major advantages of forming a company in the Netherlands include:

• Relatively low corporation tax of 15% - 25,8% depending on level taxable income%
• Large network of double tax treaties.
• Companies incorporated in the Netherlands have a good reputation in world trade.
• English and French are widely spoken (in addition to Dutch, of course).
• Availability of qualified workforce as the Dutch rank highly worldwide in level of education
• According to the WEF 2020 Global Report, it ranks 4th worldwide for countries best positioned to recover from the COVID-19 crisis.
• The country is politically stable, with solid legislation and excellent international relations.

At SK Patodia, we have a team of trained experts who can advise on all of the above matters and assist you in registering your company in a smooth manner. For further information on company formation in the Netherlands, visit https://skpatodia.in/company-formation-in-netherlands/.

There are a number of different business types that can be registered in the Netherlands, including:

• Association (Vereniging) – Full Legal Capacity
• Association (Vereniging)–Limited Legal Capacity
• Cooperative
• Foreign Legal Entity
• Foundation (Stichting)
• General Partnership (VOF)
• Limited Partnership (CV)
• Private Limited Company (BV)
• Public Limited Company (NV)
• Sole Entrepreneurship

The most popular business type chosen by foreign investors is of course, the private limited company (BV).

The process of registering a company in the Netherlands is quite simple and comprises the usual steps that are applicable to most jurisdictions: -

• Checking for the availability of trade names
• Devising Articles of Association
• Names and details of shareholders and directors, etc.
• Registered office
• Filing documents for registration
• Registering with trade register and Tax Office
• Opening a bank account
 

In recent years, the international community, spearheaded by the US and EU, are making an effort to minimise leakage of tax income to low tax jurisdictions and have therefore imposed restrictions on investments in low tax countries when the reason for the registration is merely to minimise tax. Minimising taxation is no longer a valid reason for registering a company abroad. The investor is required to:

• Build substance for his company abroad by having an office (not a shared office or virtual one).
  
  
• Have local management and control by a director who does not simply follow instructions but actually runs the company.
  
  
• There are commercial reasons for having a business in a country (other than saving on tax).