Establishing a company in Holland

Holland is located in Northwest Europe, to its north and west it borders on the North Sea, to its south is Belgium, and to its east is Germany. Although considered a parliamentary democracy, it is actually a part of a monarchy, and in 2013 the new King Willem-Alexander was crowned after inheriting the throne from his mother, Queen Beatrix. Holland is one of the smallest of the European states, one of the most densely populated, and is considered among the most advanced countries in the world in terms of government, transparency, economy, civil rights and other issues that enable it to provide an excellent standard of living. Its history is closely interlinked with that of Europe, it is one of the EU’s founding member states, and it is also a member in NATO, the OECD and the WTO.

Holland is characterized by low flat ground and its entire surface is very close to sea level, making it a country of classic European plains, green hills and picturesque towns alongside large and developed urban centers. Despite the fact that Amsterdam is usually the city most associated with Holland, its actual capital is Hague. Its population is 17 million, the official language is Dutch, but the vast majority of natives speak excellent English, making it that much easier to register there.

  • The meaning of the word “Netherlands” in English and Dutch is “low lands”. It contains 12 provinces within its jurisdiction, and the term “Holland” is actually the name of only one of the provinces. Additionally it has three islands in the Caribbean.
  • A large percentage of its land is under water and protected from flooding by a network of dams. These areas used to be immersed under sea water, but were dried and prepared for agricultural use.
  • The natives are known for their innovation and excellence in many fields, and include such important Masters as Van Gogh, Rembrandt, and Vermeer, leading athletes, daring politicians, and leading companies like Phillips, inventor of audio and video cassettes, the CD and CD-ROM, as well as a series of new lighting solutions.

The economy is very advanced and developed, constituting a key player in the European economy and it not part of the European debt crisis. The economy is ranked 24th in the world in GDP (709 billion USD) and per capita income (42,000 USD). The currency is, of course, the euro. Important economic sectors include trade and finance, advanced agriculture, industry, tourism and sea trade – with the port of Rotterdam the largest and busiest in the world. Amsterdam is the financial and business capital and the country houses several of the world’s largest corporations (Shell, Phillips, ING, Unilever and others).

General Information


Type of company

BV - Netherlands Besloten Vennootschap

Relevant Companies Law

The Flex, BV Act 2012

Offices

Local law requires companies to provide a local office address

Language of original incorporation documents

Dutch

Finance and Taxation


Currency

EUR

Corporate tax rate

20% for income over 200,000 EUR 25% for income over 200,000 EUR

Standard share capital

0.01 EUR

Office Holders


Company Secretary (Secretary)

 
Obligation to appoint company secretary

Not required

Obligation to appoint local secretary

Irrelevant

Type of entity that may function as company secretary

Irrelevant

Director

 
Obligation to appoint company director

Required

Obligation to appoint local company director

Not required

Minimum number of directors

1

Type of entity that may serve as company director

Individual and/or company

Shareholders

 
Obligation to register shareholders

Required

Obligation to register local shareholders

None

Minimum number of shareholders

1

Type of entity that may register as shareholder

Individual and/or company

Type of shares

Registered shares

Accessibility of Information


Company registrar

Information regarding company office holders may be accessible to the public Specifically, details

Annual Assembly and Reporting


Obligation to hold annual assembly

Required

Obligation to prepare financial reports

Required

Obligation to submit financial reports

Required

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