Everything You Need to Know About Starting a Dutch Business in Holland

1. Everything You Need to Know About Starting a Dutch Business in Holland If you are thinking of starting a new business or expanding your present business geographically, Holland can be one of the best destinations. If you are wondering why, let’s explore. It has been observed that Netherlands offers several benefits to the entrepreneurs and investors for starting business in Holland. Also, there is no other opinion about the fact that the Dutch have proved to acquire leadership position within several industries. Constant innovation and efficient solution to issues has helped them reach the top position in various fields such as agriculture, creative sector and arts, information and technology, health sector, logistics, chemical and pharmaceutical, and energy. In fact, Netherlands was ranked as the 5th most innovative and competitive country in the world and 3rd best country in world for business. How starting business in Netherlands can benefit you? Netherlands is among the founding members of the EU. Lowest corporate tax rate in Europe. It has attracted many businesses and multinationals from the UK. Netherlands offers highly educated labor force. More than 90% of the population speaks English and many are proficient in German and French. Offers outstanding business environment. It attracts international companies across various sectors. Once you have received the citizenship, you can begin the company for which you need to choose from a variety of legal business entities. There is a significant difference between unincorporated and incorporate business structures. The main difference between these two is that there is no distinction between your private and business assets in unincorporated business. In case of debt, you can be held accountable personally. While in an incorporate business, you can separate the private and business assets. Types of Unincorporated business structures: Sole trader Limited partnership General partnership Commercial/ professional partnership Types of incorporated business structure: Private limited company Public limited company Cooperative and mutual insurance society Foundation Association

2. Many people are confused betweenDutch B.V. business in Hollandand NV business. However, most people choose BV form of company as they want to benefit from limited liability. There are special consulting agencies that can help you in starting your business in Holland. They offer local support and help in getting necessary permits. These agencies assign you a consultant who will guide on every aspect of establishing your business in Holland. Explore the web for more information on why it is best to start a Dutch B.V. business in Holland.