The Netherlands is one of the best places in Europe to start a business, thanks to its favorable tax climate, excellent infrastructure, and access to the European market. This guide walks you through the essential steps.
Choosing Your Business Structure
The most common business structures in the Netherlands are:
Sole Proprietorship (Eenmanszaak)
- Easiest to set up
- Full control over your business
- Personal liability for business debts
- Ideal for freelancers and small businesses
Private Limited Company (BV)
- Limited personal liability
- Minimum share capital of €0.01
- More administrative requirements
- Better for growing businesses
Registration Process
Step 1: Register with the KVK
All businesses must register with the Dutch Chamber of Commerce (KVK). You'll receive a KVK number that identifies your business.
Step 2: Tax Registration
The Belastingdienst (Dutch Tax Authority) will automatically receive your information from the KVK. You'll receive your VAT number within a few weeks.
Step 3: Open a Business Bank Account
With your KVK registration, you can open a business bank account at any Dutch bank.
Tax Considerations
New entrepreneurs can benefit from several tax advantages:
- Self-employed deduction: Up to €5,030 reduction in taxable income
- Starter's deduction: Additional €2,123 for the first three years
- Small business scheme (KOR): Simplified VAT for businesses with annual turnover under €20,000
Get Professional Support
Starting a business involves many administrative tasks. Let Glodinas Finance handle your bookkeeping and tax obligations so you can focus on growing your business.