Everything you need to know about expanding to the Netherlands
To start a business in the Netherlands, there are certain registration requirements and procedures that must be followed. The following is a general overview of the steps and timelines involved in setting up a business in the Netherlands as a foreign entrepreneur:
Choose a business structure
The first step in setting up a business in the Netherlands is to decide on a business structure. The most common types of business structures in the Netherlands are sole proprietorship, public limited company (NV), and private limited company (BV). Each type has its own advantages and disadvantages, so it is important to choose the one that best suits your business needs.
Register your business
Once you have chosen a business structure, you must register your business with the Dutch Chamber of Commerce (KVK). This process typically takes around 2-3 weeks and involves filling out an online registration form, submitting relevant documents, and paying a registration fee.
Obtain a Dutch VAT number
If your business is VAT liable, you will need to obtain a Dutch VAT number. This process can typically be completed within 1-2 weeks and involves submitting a VAT application form to the Dutch Tax and Customs Administration (Belastingdienst).
Obtain a Dutch business bank account
In order to open a business bank account in the Netherlands, you will need to provide the bank with various documents including a copy of your passport, proof of address, and proof of registration with the KVK.
Obtain necessary permits and licenses
Depending on the nature of your business, you may need to obtain certain permits and licenses. Examples include a food handling permit for a restaurant or a liquor license for a bar. The process and timeline for obtaining these will vary depending on the specific permit or license required.
Register for Dutch social security and taxes
As a business owner in the Netherlands, you will need to register for Dutch social security and taxes. This process typically involves registering with the Dutch Tax and Customs Administration and paying taxes on your business income.
Hiring your employees
If you plan to hire employees in the Netherlands, you will need to register them with the Dutch Social Security system and obtain a Dutch payroll tax number for them. You will also be responsible for withholding taxes from their paychecks and making social security contributions on their behalf.
Comply with Dutch labor laws
As an employer in the Netherlands, you are subject to Dutch labor laws, which include laws on minimum wage, working hours, and vacation entitlements.
Comply with Dutch health and safety laws
All businesses in the Netherlands are required to comply with Dutch health and safety laws. This includes having a safe and healthy working environment, providing appropriate safety equipment and training, and having emergency plans in place.
At Firm24 we are happy to assist you in expanding your business to the Netherlands. If you need more information or have any questions, please feel free to schedule a consultation through this page. One of our specialists will be in touch with you within 24 hours.
Not quite getting it right? We are here for you.
Thanks to years of experience, we know how to help entrepreneurs with the right advice.