[vc_row][vc_column width=”2/3″][vc_column_text]
An LLC is the most commonly used business entity in the Netherlands, and since the introduction of the ‘Flex-BV’ rules in 2012, it has become more flexible and efficient to better cater the needs of the investors. For example, with these new changes the requirement of € 18,000 issued share capital was dropped, and now a LLC does not require a minimum issued share capital in the Netherlands;
Annual audited financial statements and tax returns must be submitted to the Dutch Tax Authority after the LLC Company is set up. A Dutch LLC is considered resident for tax purpose, so corporation tax on all its net profits amounts to 25%, and 20% for profits above €200,000.
Netherlands LLC (Besloten Vennootschap) Key Features
- Annual audited financial statements and tax returns must be submitted to the Dutch Tax Authority after the LLC Company is set up.
- A Dutch LLC is considered resident for tax purpose, so corporation tax on all its net profits amounts to 25%, and 20% for profits above €200,000.
- A LLC does not require a minimum issued share capital in the Netherlands;
Netherlands LLC (Besloten Vennootschap) Legal Features
Netherland LLC |
Corporate Details |
General |
|
|
Limited Liability Company (LLC)(BV) |
|
Yes |
|
Yes |
|
Yes |
Share capital or equivalent |
|
|
Euro |
|
Any |
|
None |
|
N/A |
|
N/A |
|
N/A |
Managers/Director |
|
|
One |
|
No |
|
No |
|
Anywhere |
|
Yes |
Members |
|
|
One |
|
No |
|
Yes |
|
Anywhere |
Company Secretary |
|
|
Yes |
|
Yes |
Accounts |
|
|
Yes |
|
No |
|
Yes |
|
No |
Other |
|
|
Yes |
Netherlands LLC (Besloten Vennootschap) Tax Treatment
A Dutch LLC corporate tax is 25%.
Netherlands LLC (Besloten Vennootschap) Advantages
- No minimum paid up capital
- More flexibility regarding voting rights attached to shares;
- Possibility to create shares without profit rights;
- No auditor’s statement required anymore for contributions in kind nor for acquisition of assets from the shareholder within two years from incorporation;
- Financial assistance rules will be abolished; this will increase the possibilities of financing acquisitions; and
- More flexibility as to repurchase and redemption of own shares.
The Valsen Advantage
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service provider
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_custom_heading text=”Netherlands Offering” font_container=”tag:h3|text_align:left” use_theme_fonts=”yes”][vc_empty_space height=”15px”][vc_widget_sidebar sidebar_id=”netherlands”][/vc_column][/vc_row]