Netherlands LLC (Besloten Vennootschap)

Valsen Fiduciaries has been a leading partner for those who want to register and run an LLC in the Netherlands. 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

1. Annual audited financial statements and tax returns must be submitted to the Dutch Tax Authority after the LLC Company is set up.
2. 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.
3. A LLC does not require a minimum issued share capital in the Netherlands;

Netherlands LLC (Besloten Vennootschap) Legal Features

Netherland LLC	Corporate Details
General
Type of Entity	Limited Liability Company (LLC)(BV)
Registered Office in Netherlands LLC	Yes
Shelf company availability	Yes
Access to Double Taxation Treaties	Yes
Share capital or equivalent
Standard currency	Euro
Permitted currencies	Any
Minimum paid up	None
Usual authorized	N/A
Bearer shares allowed	N/A
No-par-value shares allowed	N/A
Managers/Director
Minimum number	One
Local required	No
Publicly accessible records	No
Location of meetings	Anywhere
Corporate directorship allowed	Yes
Members
Minimum number	One
Publicly accessible records	No
Corporate members allowed	Yes
Location of meetings	Anywhere
Company Secretary
Required	Yes
Local or qualified	Yes
Accounts
Requirements to prepare	Yes
Audit requirements	No
Requirements to file accounts	Yes
Publicly accessible accounts	No
Other
Requirement to file annual return	Yes

 

Netherlands LLC (Besloten Vennootschap) Tax Treatment

A Dutch LLC corporate tax is 25%.

Netherlands LLC (Besloten Vennootschap) Advantages

1. No minimum paid up capital
2. More flexibility regarding voting rights attached to shares;
3. Possibility to create shares without profit rights;
4. No auditor’s statement required anymore for contributions in kind nor for acquisition of assets from the shareholder within two years from incorporation;
5. Financial assistance rules will be abolished; this will increase the possibilities of financing acquisitions; and
6. More flexibility as to repurchase and redemption of own shares.

The Valsen Advantage

1. End to end comprehensive service
2. Speedy and efficient service
3. Expert advice on structuring options
4. Dedicated ongoing compliance support
5. Extensive network pool of service provider