Setting up Business in Netherlands is easy now!

Immigrating for setting up a Business in the Netherlands is easy now and it is no longer complex. The Government of Netherland has taken initiatives to encourage arrivals of overseas investors and business people. This is to facilitate their participation and contribution to the booming economy of the nation. Below are the diverse stages of setting up a business in the nation:

Dutch Residence Permit

The Government of Netherlands launched a new program for overseas investors in 2015. Through this they can obtain 12 months Residence Permit termed as the Startup Visa. It is exclusively for those who intend to launch a business in the nation.

Choosing a legal structure

The next step after completing visa formalities is to look out for the correct structure that will host the business. There are two kinds of legal structures with respect to this. First are those that do not need registration with the Commercial Register. Second are those that do need the registration, as quoted by the Axcess News.

Registering the firm

In the last few years, the process of registering with the Netherlands Chamber of Commerce has been simplified. Upon the completion of documentation, the new firm will be given a registration number. This is unique and will be used for offering invoices.

Tax registration

Upon completion of the registration of the firm, it is best for the business proprietor to register with the Tax authorities in the Netherlands. The tax number and VAT number as well will be issued by the company. This will enable filing of VAT refunds by the company.

Business licensing

Securing the required business license is the final step prior to the actual commencement of operations of the new business.

If you are looking to Study, Work, Visit, Invest or Migrate to the Netherlands, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.