Country
THE NETHERLANDS
BV (“Besloten Vennootschap”) is a Dutch Limited Liability company incorporated under the Dutch Law which has changed effective as per 01.10.2012 simplifying the BV formation procedure.
Type of Company | (BV) Dutch limited liability company |
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Common or Civil Law | Civil |
Disclosure of Beneficial Owner | No, though sole shareholder is a matter of public record |
License Fee | None |
From 01.10.12 the VAT rate | Increased from 19% to 21% (with certain exceptions) |
Corporate Tax | Below 200,000EUR - 20%; 200,000EUR and over - 25% |
Dividend withholding tax | 15% or lower by tax treaty or EU parent-subsidiary directive |
Minimum share capital deposited | 1 EUR |
Bearer Shares Allowed | No |
Minimum Number of Shareholders | One |
Minimum Number of Directors | One |
Company Secretary Required | Not applicable |
Corporate Directors Permitted | Yes |
Corporate Secretary Permitted | Yes |
Registered Office/Agent Required | Yes, must be maintained in the Netherlands |
Local meetings | Yes |
Annual Return | Yes, must be filed each year |
Annual Submission of Accounts | Yes, filing accounts with Chamber of Commerce (small enterprises only publish a summarized balance sheet) |